GST Registration
Overview
Any business offering the sale of goods with an annual turnover of 40 lakhs or services with an annual turnover of 20 lakhs would require registration for GST. GST has 3 tax components- Central Goods and Services Tax (CGST), and State Goods and Services Tax (SGST) where the center and state will levy GST on all entities.
Benefits
. Interstate sales without restrictions.
. Expansion of business online.
. Get Input Tax Credit.
. Helps in opening a current account.
Documents
- Aadhar Card
- Address Proof
- Pan Card
- Electricity Bill
- Phone num and Email
- passport size photo
- Trade name
- Trade categories
Deliverables
. GSTIN Number Provisional.
. GST Certificate
. UserName & Password for GST Login.
*GST is subject to approval by local authorities and is not guaranteed by BazaarX.CO