Munshi Giri

Online GST Registration

The Goods and Service Tax is the biggest indirect tax reform which blends in all the other taxes into one single tax structure. Under GST Regime, the goods and services are now taxed under a single law being Goods and Service Tax Laws. The taxes are levied at a single rate. The collection is then bifurcated between both Central and State Government in name of CGST and SGST or IGST.

Threshold Limit for Registration

The registration under GST is mandatory for the business entities based on the criteria of turnover or activities. The business dealing in goods and those providing service have to mandatorily apply for GST Registration if their aggregate turnover for a financial year exceeds Rs.40 Lakhs and Rs.20 Lakhs respectively. However, for business making supplies and providing services in the North Eastern States, the same is Rs. 20 lakhs and Rs. 10 lakhs respectively. Owing to its benefits, many dealers also obtain voluntary registration under GST.

The GST registration in India is completely an online process. GST Registration affirms seamless flow of Input Tax Credit in addition to providing recognition as a registered supplier.

Choose us

Why Should You Choose Munshi G & Co. for Registering Your Company?

  • Expert Team of Qualified CA, CS, and Lawyers
  • Dedicated Relationship Manager and On-call Support
  • The entire Registration Process is Managed Online
  • Quick Turnaround and Economical Pricing
  • Thousands of Happy Customers Across All States of India
  • Empowered with Secured Technology
  • Avail exclusive partner offers on web hosting, payment gateways, etc.
the process

Process for GST Registration Online

Day 1

  • Consultancy for requirement of GST Registration
  • Collection of basic Information & documents
  • Preparation of required documents
  • Share documents for Applicant’s Signature, if required

Day 2 - 3

  • Preparation of online application
  • Filing of registration application

Day 4 Onwards

  • Government processing time
  • GST Registration Certificate (*subject to govt. processing time) 
DOCUMENTS CHECKLIST

Documents Required for GST Registration

01

Digital Signature

DSC of Partners or Directors, in case of LLP and Company only

02

Photographs

Copy of passport size photograph of the Proprietor/ Partners /Directors

03

PAN & Aadhaar Card

A copy of Aadhar Card of Proprietor/ Partners/ Directors

04

Entity's PAN Card

A copy of PAN Card of business entity

05

Business Address Proof

Latest Electricity bill/ Any Tax paid bill/ Municipal Khata Copy

06

Rent Agreement

If place is rented, rent agreement is mandatory, else consent letter is sufficient

07

Bank Details

Latest Bank Statement/ Copy of cancelled cheque/ copy of first page of passbook

08

Certificate of Registration

Entity should provide registration certificate with MoA- AoA / LLP Agreement or Partnership Deed as applicable

Benefits

Benefits of GST Registration

Input Tax Credit and Lower Cost

Once the supplier of goods or services has obtained the registration under GST, he can take credit of the GST paid to the previous supplier concerning business activities. The decreased cost of inputs lowers the pricing of supplies. The registered GST supplier is also eligible to pass the ITC to the consumers.

Simplified and Permanent Registration

The online registration process is simplified with the assistance from LW experts. With the completion of registration process, the certificate is granted to the applicant stating the GST registration number, which is called GSTIN. The registration granted is permanent registration without any renewal requirement.

Legally Recognised as Supplier

With compulsory or voluntary registration under GST, the supplier is eligible to collect the taxes legally. Further, the supplier can also pass on the credit. The voluntary registrant also gets equal status and responsibilities of taxpayer registered under the mandatory criteria. With the said registration, the registrant can also issue pakka invoice to the consumers.

Easy Compliance Requirements

Upon registration, every registrant is liable to fulfil compliance in the form of return filing in a periodical manner. These compliance requirements are simplified under the GST regime. It is also proposed to simplify the compliance through single return filing from multiple filings. A regular taxpayer would be awarded a higher GST Compliance rating as compared to others.