5 Simple Steps to GST Registration for Start up & Business

Upload Basic Documents of Taxable Person

Make payment to Digital CA as per Plan

Digital CA prepare Various Documents like NOC, Board Resolution etc,

Digital CA Apply for GST Registration

Get GST Registration Certificate

Minimum Requirements For GST Registration

Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax, etc.
Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 20 Lakhs for North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand)
Casual taxable person / Non-Resident taxable person
Agents of a supplier & Input service distributor
Those paying tax under the reverse charge mechanism
A person who supplies via e-commerce aggregator
Every e-commerce aggregator
Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

Basic Document Requirement List

Documents of Individuals

Following Documents required for Proprietor/Directors/Partners:

Colored Photo
Aadhar Card
Mobile Number
Email ID

Note: All documents can be uploaded/send through website or through Email & What's App.

Address proof for Business place

Case A: Premises/building owned by proprietor:

Electricity Bill / Property Tax Receipt/Sale Deed
NOC (No Objection Certificate)/Consent Letter

Case B: Premises/building on Rent/Lease:

Electricity Bill / Property Tax Receipt
Rent Agreement / Lease Deed

1699

Basic

All Inclusive Fees

For Proprietorship Business
NOC (No Objection Certificate) & Letter of Authorization
Get GST Registration Kit

2999

Silver

All Inclusive Fees

For LLP, Private Limited Company & Others*
NOC (No Objection Certificate) & Board Resolution
Get GST Registration Kit
Udhyog Aadhar Certificate

4999

Gold

All Inclusive Fees

Public Limited Company
NOC (No Objection Certificate), Board Resolution
Get GST Registration Kit
Udhyog Aadhar Certificate

Basic Feature of Goods and Service Tax

Dual GST Model

GST is a dual taxation model one is Central Goods and Service Tax and another is State Goods and Service Tax. Both Centre & State Govt. levied a tax on Supply of Goods or Services at one point of Time.

Destination Based Consumption Taxes

GST is said to be a destination-based or consumption-based tax. Hence, the place of consumption will decide the State that will collect the tax.

Taxable event will be Supply

GST is depended upon the supply of goods and services. Supply does not mean sale it is inclusive in nature. It includes all form of Supply Such as Sale, Transfer, Barter, Exchange, license, Disposal, Rental, and Lease.

Tax revenue appropriation

Goods and services tax on supplies in the course of inter-State trade or commerce shall be levied and collected by the Government of India and such tax shall be apportioned between the Union and the States in the manner as may be provided by Parliament by law on the recommendations of the Goods and Services Tax Council. Meeting of GST Council is conducted from time to time.

Remove Cascading effect

GST would mitigate the ill effects of cascading, improve competitiveness and improve liquidity of the businesses. One of the primary goals of a taxation regime is always avoidance of “taxation over taxes” or “cascading-effect” of the incident taxes as it adds to the deadweight loss i.e. slump in total surplus of supply chain consisting of supplier, manufacturer, retailer and consumer.

Input tax credit

Every taxpayer while paying taxes on outputs may take credit for taxes paid earlier by the supplier on inputs. However, this will not be applicable on supplies related to: (i) motor vehicles when used for personal consumption, (ii) supply of food, health services, etc. unless they are further used to make a supply. The IGST collected will be apportioned between the center and the state where the goods or services are consumed.