Register your Company with us for less! Start here & Save! Contact Now!
Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificates & GST Software along with your CIN under 10 working days!
India has implemented the products and Services Tax (GST) under the principle of “One Nation One Tax.” In 2017, India implemented the GST structure, which was the foremost significant change to the country’s tax structure in decades. With a unified GST platform, India has merged central taxes (sales tax and excise duty tax excluding petroleum and alcoholic products and repair tax) and state-level taxes (VAT excluding petroleum and alcoholic products, entry tax, tax, and luxury tax) into one tax.
The primary objective of implementing the GST was to eliminate tax on tax, or double taxation, which cascades from the extent of production to the level of consumption. the products and services tax (GST) is a value-added tax imposed on the majority of domestically sold goods and services. Consumers pay the products and Services Tax, but businesses remit it to the govt.
Every supplier whose annual turnover exceeds twenty lakh rupees is required to register under this Act within the State or Union territory, aside from special category States, from which he makes taxable supplies of products or services or both:
If an individual makes taxable supplies of goods or services or both from one of the special category states, he must register if his annual turnover exceeds ten lakh rupees.
* As of 1st April 2019, this limit has been increased to Rs. 40 Lakhs for all states except Telangana. Special category states, including Jammu and Kashmir, Ladakh, and Assam, opted for a limit of Rs. 40 lakhs.
** Effective 1st April 2019, this limit has been increased to Rs. 20 Lakhs for the Special Category States.
*** an individual engaged in the interstate supply of services, supply of handicraft goods, and paperwork, except a jeweler, goldsmith, or silversmith, whose aggregate turnover is below the edge (i.e. Rs40/Rs.20 lakhs) is exempt from GST registration.
Arunachal Pradesh, Assam, Jammu & Kashmir, Meghalaya, Manipur, Mizoram, Nagaland, Puducherry, Sikkim, Tripura, Himachal Pradesh, and Uttarakhand are the Special Category States. whether or not a person’s annual turnover is below the threshold limits, he or she may voluntarily register under.
“aggregate turnover” refers to the mixture value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on a reverse charge basis), exempt supplies, exports of products or services or both, and interState supplies of persons having the same Permanent Account Number, to be computed on an all India basis but excluding the central tax, State tax, Union territory tax, integrated tax, and cess.
The subsequent individuals are exempt from GST registration requirements.
Ten Minutes Job
You may provide PAN of Directors, Aadhar of Directors, Passport size photo of Directors, Aadhar enabled mobile number of Directors, Valid email id of Directors, Office Rental Agreement if it's rented, Office NOC cum Affidavit if it's owned, Office latest power bill, Company PAN, Certificate of Incorporation, Memorandum of Association, Articles of Association, and Authorisation Letter or Board Resolution.
Five minutes via the GST web portal Job
We will complete the TRN details on the GST portal. you'll receive Mobile and Email One-Time Passwords, which, once shared, we'll submit online for TRN Generation.
Through the GST Web Portal - a 30-Minute Task
Once the TRN has been generated, we'll complete the remaining application dashboard fields and upload the signed documents and file, if necessary.
Using the GST Web Portal Job - 30 Minutes job
Once the appliance has been successfully submitted online, the GST system will compare the PANs of Directors with the tax Database, and if they match, an ARN are going to be generated. The Gst department will send you an email containing an Aadhaar authentication link; once you authenticate it, it'll indicate that your Aadhaar authentication was successful.
Through the GST web portal - four to 5 business days
The GST officer will then examine the file online, and if everything is so as , he or she is going to approve it and send you an email containing your GSTIN, User ID, and Password. Then, you'll download the certificate by logging into your account and updating your Bank Details by uploading Bank Statement or voided check. The registration process concludes here.
Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificates & GST Software along with your CIN under 10 working days!
Since our inception as an Official Company Registration Agent, we have maintained close ties with the Ministry of Corporate Affairs, Government of India. From day one, our intention has been to offer a streamlined incorporation procedure that is quick and easy to utilize. Today, our system for company registration is among the most efficient and effective in India. You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days. In addition to maintaining affordable pricing for company formation, we are constantly investigating new ways to bring value to our clients. We are proud to be one of the least expensive ways to establish a business in India.
We have the knowledge to advise clients on the appropriate company structure to implement. The majority of our clients want assistance registering a business limited by shares. The limited company structure is prevalent because it permits the distribution of profits to shareholders while safeguarding them through restricted liability. Our team has more than 2 decades of experience founding companies and providing corporate and secretarial services, which aids in the growth of tens of thousands of our clients’ enterprises each year.
We are tremendously passionate about the quality of our service, and we are incredibly proud of the reviews we get from our customers, as evidenced by our outstanding reviews and ratings. Continually, our team is chosen due to the value and skill for which it is renowned. We have helped form the industry by giving our customers innovative business services and packaged solutions that have grown alongside their demands.
Our clients have access to complimentary help from a team of experts. We are always prepared to assist. Throughout the registration of your Company, you will be enabled to contact us by phone or email if you require assistance.
We believe in transparent and straightforward pricing. The price displayed is the price paid. There are no additional fees associated with business registration.
You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days.
Our staff has over 2 decades of experience, making us specialists in our industry. Take the stress out of establishing your business, and rest easy knowing you have the assistance you need to thrive.
Today, our customers expect exceptional service. Because of this, we are very pleased that 99 percent of our customers have rated us as "Great" or "Excellent" on Google.
The entire procedure, from ordering to utilizing your company registration license, is designed to be as simple and direct as possible to aid in the growth of your firm.
ustomer confidentiality and safety come first. We safeguard your financial, business, and personal information to the utmost degree.
GST Stands for Goods and Services Tax in India.
The following parties are required to register for GST:
Yes. If your business operates in multiple states, you'll apply for GST Registration in each state, and if your business operates in multiple verticals, you'll apply for multiple GST Registrations within the same state.
A trader with a complete annual turnover of less than Rs 1.5 crore is eligible for the Composition scheme. this limit for Special Category States is Rs. 75,00,000.
For service providers with annual turnover of but Rs. 50 Lakhs, the Composition Scheme is out there .
If you employ Aadhaar authentication, it's going to take four to five business days; otherwise, it's going to take between twenty and thirty days. Again, this is often subject to the approval of the GST officer.
It can function as the company's identification number.
At Business Setup in India, we simplify the process of starting and running a successful business. Our expert team offers comprehensive services, from legal support to accounting and business advisory, tailored to meet the needs of entrepreneurs and companies.