GST Registration
Business Setup | Registrations | Limited Liability Partnership
- +91 9652052842
- info@houseofcas.com
Eligibility for GST Registration
1. Those who registered under the Pre-GST law (i.e., excise, VAT, service tax, etc.) are eligible for GST registration.
2. Companies whose annual revenue above the 40 lakh mark (10 lakhs for the North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand)
3. Non-resident taxable person or casual taxable person
4. Distributors of input services and agents of suppliers
5. Individuals who pay taxes using the reverse charge method
Minimum Requirements
- The penalty for failing to pay taxes or paying less than what is owed is 10% of the amount owed ₹10,000 is the minimal fine, nevertheless
- The penalty for not registering for GST is 100% of the amount owed in taxes if you are intentionally attempting to avoid paying taxes
GST Registration Process
The procedure of GST registration is as follows:
1.TRN Generation
2. Documents Uploading
3. Show Cause Notice (if deficiency)
4. Reply to Notice (if deficiency)
5. Issuance of GST certificate (GSTIN)
Documents Required for GST Registration
- Copy of PAN Card of the Applicant
- Copy of Aadhaar Card
- Incorporation Certificate or Business Registration Proof
- Address Proof (Rent Agreement/Electricity Bill)
- Cancelled Cheque/Bank Statement
- Digital Signature
- Passport size photograph
- Letter of Authorization / Board Resolution for Authorized Signatory