December 5, 2022

GuestBlogging.Pro

Boost Your Website Traffic

New GST Registration Fees in India

New GST Registration Fees in India

The Goods and Services Tax, or GST. In India, it is an indirect tax that has mostly replaced any other indirect taxes including the excise duty, VAT, and services tax.  The GST was started from 1 July 2017 , which was approved in the parliament on 29 March 2017.

Under the GST system, the tax is collected at each point of sale. State and federal sales taxes are levied on purchases made within a single state. Every sale in the state comes under the GST integrated by the government.

 

The GST System in India?

GST must be paid by the maker on both the value added during production and the raw materials used to make the product.

Service Provider: In this scenario, both the product’s purchase price and the value that has been added must be GST-paid by the service provider. The overall amount of GST that must be paid, however, may be reduced by the manufacturer’s tax payment.

Consumers : GST needs to be paid on the purchased item by the customer.

 

 

What are the Types of GST in India

The following list includes each of the four categories of GST Registration

  • The intrastate supply of goods and services is subject to the Central Goods and Services Tax (CGST).
  • State Goods and Services Tax (SGST): Similar to CGST, SGST is levied on purchases made inside a state.
  • Interstate sales of goods and services are subject to the Integrated Goods and Services Tax (IGST).
  • Union Territory Goods and Services Tax (UTGST): In any of the nation’s union territories, including the Andaman and Nicobar Islands, Daman and Diu, Dadra and Nagar Haveli, Lakshadweep, and Chandigarh, The Union Territory Goods and Service is imposed on the supply of the services and the products.

 

Below I will tell you the GST registration fees in Indian Major States-

– The new gst registration fees in delhi from the government side is NIL, if you are hiring a professional like CA or CS then the fee starts from Rs. 399 within 7 days.

– The gst registration fees in maharashtra is Rs. 100 per application by government and the market price is Rs. 1200.

– The gst registration fees in rajasthan starts fromRs. 299.

– The gst registration fees in kolkata starts from Rs. 299.

– The gst registration fees in haryana starts from Rs. 399.

– The gst registration fees in kerala starts from Rs. 299.

– The market rate of gst registration fees in andhra pradesh starts from Rs. 299 only.

 

What are the Documents Needed for New GST Registration?

For Sole Proprietorship Business –

– PAN card of Owner

– Aadhar card of Owner

– Owner’s Photograph

– Address Proof

– Bank Account details of Owner

 

For Partnership firm and Limited Liability Partnership

– The partnership deed

– Both partners PAN Card

– Photographs of Partners

– Partners address proof

– Aadhar card of both the partners

– Signatory proof of appointment

– LLP Registration Proof

– The bank details

– Business principal address proof

 

GST Registration for Hindu Undivided Family ( HUF ) –

– Pan Card of HUF

– Karta or the owner’s PAN Card

– Owner’s photo

– Bank details of karta

– The business principal address proof

 

GST Registration for companies –

– Company PAN Card

– Ministry of Corporation Affairs certificate of incorporation

– Memorandum of Association (MoA) or Articles of Association (AoA)

– Signatory’s appointment proof

– Aadhar Card of Signatory’s

– PAN card of all the directors of the company

– All directors Address proof

– Bank Details

– The business principal address proof

 

 For Society or Clubs , these documents are needed for GST Registration

– Photocopy of Society Registration certificate

– Photocopy of Club or Society PAN card

– Photograps of promoters or partners

– Bank account statement / cancelled cheque or the passbook first page copy

– Registered office address proof which includes utility bills, legal ownership documents or municipal khata copy. In the case of Rented office, the rent agreement and NOC from the premises owner

– Authorisation letter which should be signed by the authorised signatory.

 

FAQ’s

 

  • Is GST registration necessary ?

Yes, as your revenue reaches the required threshold levels, you must register for GST. If a person’s total annual revenue reaches Rs. 20 lakh (for regular category states) and Rs. 10 lakh, they must register (for special category states).

 

  • Can I register for more than one GST in the same state?

Absolutely Yes, A person or a company can file more than 1 GST in the same state. For simplicity of doing business, the process of reserving numerous GST registrations specifically for various business sectors within a state has been eliminated.

 

  • Can I register for more than one GST in the same state?

Absolutely Yes, A person or a company can file more than 1 GST in the same state. For simplicity of doing business, the process of reserving numerous GST registrations specifically for various business sectors within a state has been eliminated.

 

  • How much time do I have before I register for GST?

Within 30 days of that date, everybody who is obligated to apply for GST registration must do so.

 

  • Should I need a PAN card in order to register for GST?

Yes, a PAN card must be obtained before you may register for GST.If you don’t already have a PAN card, you must get one before applying for a GST registration, with the exception of TDS registration under GST, which is allowed with a PAN.

So now you have got the information regarding the price of GST Registration in various states in India, the documents needed for GST Registration and everything about the GST. Make sure to check the prices with the professional before giving them the information to register for the GST for your business. It is also important to know all the documents which is needed for the GST registration like Rental agreement if you have a rented premises, Partnership deed in case of LLP or a partnership firm and much more.