GST Registration in India

"Seamless GST Registration: FastLegal - Your Partner for Effortless Compliance"

"Seamless GST Registration: FastLegal - Your Tax Compliance Partner. Expert Assistance, Timely Compliance, Customized Solutions."

Register your GST registration online with Fastlegal

With our team of experts easily register your one person company completely online in 3 simple steps-
fill-form-icon
Fill the form and provide documents
Just fill your contact details and share required documents for GST registration.
approve
Sign and share the documents
Our team of experts will share required document for signatures, just sign and share scanned copies.
filing
Filing of registration application with Fastlegal Expert
Registration application is filed with concerned certification autority and we will keep you updated on status.

Overview – About GST Registration

GST (Goods and Services Tax) registration is a crucial step for businesses operating in India. Introduced as a unified tax system, GST replaced a myriad of indirect taxes and levies. Mandatory for businesses crossing a specified turnover threshold, GST registration is also available on a voluntary basis for those below the threshold. This registration process enables businesses to collect and remit GST to the government while allowing them to claim input tax credits on purchases.

FastLegal offers streamlined GST registration services, ensuring businesses adhere to tax regulations efficiently. With FastLegal, businesses benefit from expert assistance, timely compliance, and customized solutions. Partnering with FastLegal simplifies the tax journey, unlocking opportunities for business growth.

Components of GST

The Goods and Services Tax (GST) in India comprises the following components:

  • CGST (Central Goods and Services Tax): Levied by the Central Government on the intra-state supply of goods and services, CGST revenue is directed to the Central Government.
  • SGST (State Goods and Services Tax): Imposed by the State Government on the intra-state supply of goods and services, SGST revenue is allocated to the respective State Government.
  • IGST (Integrated Goods and Services Tax): Applicable to inter-state supply of goods and services and imports, IGST is collected by the Central Government. However, a portion of it is later distributed to the respective State Government where the goods or services are consumed.
  • UTGST (Union Territory Goods and Services Tax): Levied by the Union Territory Government on the intra-union territory supply of goods and services, UTGST revenue is directed to the Union Territory Government.

The combination of CGST and SGST or IGST, depending on the nature of the supply, ensures a seamless and coherent tax system for both intra-state and inter-state transactions. This mechanism facilitates the efficient collection and distribution of tax revenues between the Central and State Governments, thereby ensuring a harmonized and integrated indirect tax structure in India.

Documents Required for GST Registration

To register for GST (Goods and Services Tax) in India, you’ll need the following documents:

  • PAN Card: Permanent Account Number of the applicant or business entity.
  • Identity Proof: Aadhaar card, Voter ID, Passport, or any other government-issued photo ID of the applicant or authorized signatory.
  • Address Proof: Aadhaar card, Voter ID, Passport, or utility bills (electricity, water, or gas bill) of the place of business.
  • Bank Account Details: Bank statement, canceled cheque, or passbook showing the account number, IFSC code, and name of the account holder.
  • Proof of Business Ownership: Documents establishing the ownership of the business, such as a rental agreement, lease agreement, or property ownership documents.
  • Business Registration Proof: Depending on the type of business, provide the Certificate of Incorporation (for companies), Partnership Deed (for partnerships), or Registration Certificate (for proprietorships).
  • Photographs: Passport-sized photographs of the applicant or authorized signatory.
  • Digital Signature Certificate (DSC): For companies and LLPs, a DSC is required for signing the online application.
  • Letter of Authorization: If the application is filed by an authorized signatory on behalf of the applicant, a Letter of Authorization is required.
  • Business Bank Account Statement: The latest bank statement showing business transactions.

It’s essential to note that document requirements may vary based on the type of business and the nature of the applicant (individual, company, partnership, etc.). Additionally, some states may have additional requirements. For the most accurate and up-to-date information, consult with a professional or refer to the official GST portal. FastLegal can provide personalized guidance and assistance to ensure a smooth GST registration process.

GST Registration Process with FastLegal

At FastLegal, we offer a streamlined and efficient GST registration process to make compliance hassle-free for you. Here’s how it works:

  • Consultation: Get in touch with our expert team to discuss your GST registration requirements. We provide personalized guidance and assess your eligibility for GST registration.
  • Document Collection: We provide you with a checklist of required documents for GST registration. Gather documents like identity proof, address proof, business registration proof, and bank account details.
  • Document Verification: Our experts verify the accuracy and completeness of the provided documents, ensuring all necessary information is available for a smooth registration process.
  • Application Preparation: Based on the information and documents provided, we prepare the GST registration application on your behalf. We accurately fill out the required forms and ensure compliance with GST regulations.
  • Application Submission: We submit the completed application to the GST department online, ensuring adherence to specified timelines to avoid registration delays.
  • Follow-up and Updates: We actively monitor the progress of your GST registration application, following up with the GST department and providing regular updates on the status of your registration.
  • GSTIN Generation: Upon approval, we obtain your Goods and Services Tax Identification Number (GSTIN) on your behalf. The GSTIN is a unique 15-digit identification number assigned to registered taxpayers.

FastLegal simplifies the GST registration process by handling documentation, submission, and follow-up, ensuring a hassle-free experience. Our experts stay updated on GST regulations, ensuring compliance with evolving rules.

Partner with FastLegal to streamline your GST registration, ensuring legal compliance and enabling you to focus on business growth.

Who Needs GST Registration in India

In India, GST (Goods and Services Tax) registration is mandatory for the following individuals and businesses:

  • Businesses Exceeding Threshold: Any business with an aggregate turnover of taxable supplies exceeding the prescribed threshold limit must register for GST. The thresholds are:
    • Regular states: Rs. 40 lakhs (Rs. 10 lakhs for North-Eastern states and certain special category states).
    • Casual taxable persons and individuals making taxable supplies of specific goods/services: Rs. 20 lakhs.
  • Inter-State Suppliers: Businesses making inter-state taxable supplies, regardless of turnover, must obtain GST registration.
  • Input Service Distributors (ISD): ISDs are required to register under GST to distribute credit of input tax among their branches or units.
  • E-commerce Operators: E-commerce operators facilitating the supply of goods/services through their platform must obtain GST registration, irrespective of turnover.
  • Non-Resident Taxable Persons: Non-resident individuals or businesses making taxable supplies in India need to register under GST.
  • TDS Deductors: Entities deducting tax at source under GST must obtain TDS registration.
  • OIDAR Service Providers: OIDAR service providers located outside India and supplying services to non-taxable online recipients in India must register under GST.

Please note that GST registration requirements and threshold limits may change over time. For the latest information, consult a professional or refer to the official GST portal. FastLegal offers personalized guidance and assistance to determine your GST registration needs and support you through the registration process.

Why FastLegal

FastLegal simplifies GST registration for entrepreneurs by offering online registration services from the comfort of their homes. Here’s why you should choose FastLegal:

  • Efficiency: With FastLegal, you can complete your registration in just 5-10 working days, saving you time and hassle.
  • Comprehensive Package: We provide a comprehensive package that covers not only the registration process but also guidance throughout the entire journey. This includes verification, document filing, and obtaining the GST Certificate.
  • Expertise: Our team brings expertise in GST registration and compliance, ensuring that your registration process is smooth and error-free.
  • Effortless Process: We handle all aspects of the registration process, making it effortless for you to comply with GST regulations.
  • Commitment to Compliance: FastLegal is committed to ensuring compliance with all regulations, giving you peace of mind regarding your GST registration.

Choose FastLegal for your GST registration needs and experience a seamless and efficient process tailored to your requirements.

FAQs:

GST (Goods and Services Tax) is an indirect tax system in India that subsumes various taxes like VAT, excise, and service tax. It is levied on the supply of goods and services at each stage of the supply chain.

Any business with an aggregate turnover of taxable supplies exceeding the prescribed threshold (currently Rs. 40 lakhs for regular states) must register for GST. Certain businesses, regardless of turnover, also require mandatory registration.

Yes, voluntary GST registration is allowed even if your turnover is below the threshold. It may be beneficial for availing input tax credits or conducting inter-state transactions.

There are four types of GST components in India: CGST (Central GST), SGST (State GST), IGST (Integrated GST), and UTGST (Union Territory GST). These components are levied on intra-state and inter-state supplies.

GST rates vary depending on the type of goods or services. The rates are mainly categorized into five slabs: 0%, 5%, 12%, 18%, and 28%. Some items may attract compensation cess as well.

 

The documents required for GST registration include PAN card, identity proof, address proof, bank account details, business registration proof, and photographs. Additional documents may be needed based on the nature of the business.

The time for GST registration varies depending on document verification and processing by the GST department. With FastLegal, we aim to expedite the process and complete the registration within a reasonable timeframe.

Yes, FastLegal provides GST registration services for e-commerce operators who facilitate the supply of goods/services through their platform.

Yes, GST registration is valid across all states and Union Territories in India. Once registered, you will receive a GSTIN (Goods and Services Tax Identification Number) that remains valid as long as your business is operational and compliant with GST regulations.

GST Registration

ā‚¹ 1299 + GST includes govt.fee
    Benefits
  • Take input credit
  • Inter-state sales without any restrictions
  • Be compliant and have good rating
    Package Inclusions
  • Advice on registration related legal provisions
  • Filing of registration application
  • Tracking application status
  • GST registration certificate
Call Us
Whatsapp