Patnaconsultant provides GST Registration in Saharsa, GST reward filing services, GST audit services, GST annual compliance services. GST is type of indirect tax, which is mandatory for whatever business entities. All selling or promote providing entities in India have to get registration in GST. We will offer you everything important suggestion in this article in brief.

GST Registration in Saharsa

GST registration means, registration of a thing entity as per provisions of Gst Act,2017. Gst Act,2017 has prescribed that whatever business entity like, private limited companies, partnership firms, individuals, proprietorship firmsetc which is disturb in selling, manufacturing, service providing, trading of goods etc processes they will have to gain registration in Gst. When a entity exceeds the limit of 40 lakhs (in some states it is 10 lakhs) turnover in a year or if they effective in inter come clean transfer, they will have to gain registration below GST.

Launched upon July 1 2017, the Goods & Services Tax (GST) applies to everything Indian assist providers (including freelancers), traders and manufacturers. A variety of Central taxes afterward Service Tax, Excise Duty, CST and disclose taxes in imitation of Entertainment Tax, Luxury Tax, Octroi, VAT are absorbed in one tax – GST, implemented upon 01.07.2017. GST is to be charged at all step of the supply chain, with full set-off assist available. The procedure for GST is enormously online and requires no reference book intervention.

Every product goes through multipart stages along the supply chain, which includes the purchasing of raw materials, manufacturing, sale to the wholesaler, selling to the retailer and next the unlimited sale to the consumer. Interestingly, GST will be levied on whatever of these 3 stages. Let’s say if a product is produced in West Bengal but is innate consumed in Uttar Pradesh, the entire revenue will increase Uttar Pradesh.

Also, taxpayers once a turnover of less than Rs.1.5 crore can choose composition scheme to get rid of tedious GST formalities and pay GST at a total rate of turnover.

In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a usual taxable person. This process of registration is called GST registration.

For determined businesses, registration under GST is mandatory. If the meting out carries on business without registering under GST, it will be an offence under GST and unventilated penalties will apply.

GST registration usually takes along with 2-6 effective days. We’ll urge on you to register for GST in 3 simple steps.

*CBIC has notified the buildup in threshold turnover from Rs 20 lakhs to Rs 40 lakhs. The notification will come into effect from 1st April 2019.

Advantage of GST Registration in Saharsa:

Trade following one nation one tax rules.
Goods & Services below one crown.
Sale and Purchase once invoice /Bill in which tax is shown.
Use input tax credit upon sales.
Avoid Tax evasion

Process of GST Registration:

Documents preparation
Filing upon GST portal
ARN issue
GSTIN number/Certificate issued by department

Can you get online GST Registration in Saharsa?

GST is fully based upon online process. Government of India has made GST registration to be done online. So it is good for you & your business. No compulsion to visit our office to gain you GST registration. You can send us your everything Documents subsequent to sign through mails or extra online sources following whats app. We will complete your work; you can pay our fees by online transaction.

Who is required to Get New GST Registration?

#1 Previous Law Converted Taxpayer – if any individual or companies are registered under the previous tax feign like encourage tax or VAT or cst etc then they have required the New GST Registration.
#2 Turnover basis – if your situation sales or turnover cross over 40 lakh rupees in a year subsequently its required the GST Registration. For some give leave to enter like North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand the limit is lonesome 10 lakh rupees in a year.
#3 Event or Exhibition – In the GST Act its called the casual taxpayer. If they don’t have any steadfast place of issue then they can apply for the casual taxpayer under the GST Registration. It’s real for a maximum of 90 days (3 months).
#4 Non-Resident Indian (NRI) – if you are a non-resident person of India or handling the event of NRI in India after that it’s required to apply for the GST Registration Online.
#5 The agent of Suppliers or Input tax Distributor – if you are an input tax encouragement distributor subsequently it’s required to apply for the GST Registration to carry attend to the benefit of an input tax credit below GST Law.
#6 Reverse Charge Mechanism – Under GST Law there is term reverse fighting mechanism hence if you fall under that category subsequently its required the GST registration.
#7 E-commerce Sellers – if you are an E-commerce Sellers of the leading aggregator portal past Flipkart or Amazon after that yes you need the GST Registration.
#8 E-Commerce Aggregator Portal – if you are thinking to Begin your own E-commerce concern then for ECommerce Business Registration you infatuation GST Registration for the same.
#9 Outside India Online Portal – if you are software as a assistance company and providing information & database entrance from outdoor India to Indian visitors subsequently it’s required to register below the GST.

Some important facts more or less GST registration:-

Registration of any situation entity under the GST Law implies obtaining a unique number from the concerned tax authorities for the intend of collecting tax on behalf of the doling out and to avail Input Tax Credit (ITC) for the taxes paid on his inward supplies.
Without registration, a person can neither accumulate tax from his customers nor allegation any explanation of tax paid by him.
Entities as soon as turnover exceeds of Rs.40 lakhs (supply of goods in normal state), Rs.20 lakhs (supply of goods/services in normal state), Rs.20 lakhs (supply of goods in specific state) or Rs. 10 Lakhs (Supply of goods/services specific state) and above would be required to register under GST.
The eligible entities must file GST application within 30 days from the date upon which the entity became blamed for registration below GST law.
Note Specific let in for GST registration is, (Puducherry, Meghalaya, Mizoram, Tripura, Manipur, Sikkim, Nagaland, Arunachal Pradesh, and Uttarakhand.)

For Company Registration, NGO registration, ISO certification, FSSAI license, GST registration, Trademark Registration, Website Development or registration of your businesses, please feel liberty to call or Whatsapp at +91-8540099000 or Fall us an email at info@meerad.in