GST Registration

Package Inclusive:

  • Collection of Required Documents

  • Application drafting on the GST Portal

  • Providing Acknowledgement of Application Reference Number (ARN)

  • Providing GST Number to the Client

GST was introduced in India to regulate the prices throughout the country. GST stands for Goods and Services which follows the principle of one nation one tax which means standardized tax rates all over India. All entities which are involved in buying and selling or providing services or both required GST.

The system of GST is built in such a way that one can get setoff of the taxes paid on inward supply against the outward supply which shall keep the chain of tax credit intact. The government aims to remove all tax barriers between central and states.

A GST registration with the help of G K Legal Solutions can be done within 5-6 working days only, subject to client document submission and government processing time.

Benefits of GST Registration

  • GST is not levied at various points from manufacturing to retail outlets but is levied only at the final destination of consumption based on VAT principle.
  • Due to the introduction of GST all the indirect taxes are subsumed and are streamlined and standardized.
  • Prior to GST, retailers have to pay many different forms of taxes such as CAT, CST, Octroi, Service Tax etc. After Introduction of GST, one has to pay only one tax which in turn has reduced the tax burden.
  • GST has also help to build a transparent and corruption free tax administration.
  • During the VAT regime the person is required to get registered if his annual turnover crosses 5 lakhs. In GST this limit has increased to 20 lakhs and 10 lakhs in case of northeastern states.
  • GST has led to the unification of markets as it will streamline the state and the central tax and eliminate all the confusion of taxation in different markets.

Documents required for GST Registration

  • Aadhar card of the applicant
  • Pan Card of the applicant or business
  • Identity proofs and addresses proof of all the documents of the business
  • Business Registration Documents or Partnership Deed
  • Address proof for location of business
  • Bank Account proof
  • Class 2 or Class 3 DSC for signatories.