Registering a company for GST is a little complex task to perform by a person who is not aware of technicalities related to it. Yet it’s a very crucial step for businesses looking to comply with tax regulations. With a registered company for GST you will get several benefits under the GST regime. To grab the benefits you need to get your company registered. Step by step guide to register company for gst is mentioned further in this article. Also you will get to know the requirements and other important information.
Requirements To Register Company For GST
The government imposes GST (Goods and Services Tax). It is important to determine whether your organization needs to register for GST. In other words, in India not every business is required to get registered under GST. In case your annual turnover exceeds the GST threshold limit then you need to register company for GST. Review the GST rules to determine whether you need a GST registration for your business or not.
- All those companies whose threshold limit is above ₹40 lakhs for goods and ₹20 lakhs for services need a GSTIN
- Companies who involved in interstate sales or providing specific services like e-commerce need a GSTIN
- Businesses like casual taxable persons, non-residents, or those subject to reverse charge mechanisms need a GSTIN
In case you are not sure about whether you need GSTIN or not then you should connect Meta Future Consultants. Our experts will help you in understanding the GST rules in India better and guide you.
Mandatory Documents For GST Registration
Prior to register company for GST you need to collect documents. List of required documents you might need to collect are as follow:
- PAN Card of the Business
- Proof of Business Address
- Bank Account Details
- Business Owner or Authorized Signatory- Identity and Address Proof
- Photographs of the Authorized Signatory
- Constitution of the Business such as Certificate of Incorporation, Partnership deed (for partnerships), GST registration certificate (for present GST-registered branches or locations).
- Digital Signature
- Authorization of the Signatory
Steps To Follow For GST Registration
Once you collect all the documents then you can easily proceed with the registration. To register company for GST you have to go further as mentioned here:
- Prior to all rush to the GST portal of the Indian government.
- Then search for the services option from there and then choose registration.
- Select for new registration afterwards fill the form.
- After mentioning all the significant information, upload the documents.
- View the application again very carefully prior to clicking the “submit” option.
In case you are not able to fill the form by yourself then connect an expert to do it for you. Meta Future Consultants is one of the best options for you from whom you can take assistance. Our team of experts is just a call away from you people. Our team will not only guide you but also apply for a GST registration for you. So, don’t waste your time to think, call now!
