GST Registration Online – Global Taxman India

GST Registration Online

Everyone registered with the GST Act has to periodically supply the information of sales, purchases, and taxes paid and gathered through submitting the Registration with GST authorities. Before submitting any Registration fee of Tax due is pre-considered necessary; otherwise, such a Registration will be invalid.

If you are looking for an answer to how to fill GST Registration online then follow the several steps to complete the process. First, use the GST portal to fill out the form, and then fill out the outward, inward monthly reports. Next, use the GSTR-2 form to fill in the details of the supply.

A GST Registration statement is a document that contains the following details that a GST-registered taxpayer must file with the Administrative Authorities:

Income

Sales

Expenses

Purchases

The tax authorities use these documents to calculate their net tax liability. Under the current GST tax regime, every registered dealer must file the requisite Registrations, such as:

Purchases

Sales

GST On sales

Input tax Credit earned by levying GST on purchases

Benefits Of GST Registration

The following are the benefits of GST Registration, that are as follows:

If you file GST on time, then it helps you to avoid penalties and late fees. Otherwise, you have to pay Rs. 100 as late fees for each day up to a maximum of Rs. 5,000.

Provide transparency to business transactions because while filing GST you provide financial details to the government.

The GST department keeps track of taxpayers through their GST Registrations, and if they found any suspicious activity or information, they may send a notice to you. To avoid notice from the department, file the correct information.

Proper and timely done GST Registration will help taxpayers to get loans from banks or other financial institutions because it builds credibility based on the GST Registration.

GST Registrations Filing is a must for…

Under GST, businesses having more than five crore rupees as annual aggregate turnover must file two monthly, and one annual GST Registrations. These businesses also include taxpayers opting for the QRMP scheme. The process glacially amounts to 25 Registrations every fiscal year.

Every Taxpayer with a turnover of less than or equal to five crore rupees can file the GST Registrations under the QRMP scheme. The CGST puts the number of GSTR filings for the QRMP scheme filers at nine every fiscal year. This scheme includes 4 GSTR-1, and GSTR-3B Registrations in the Annual Filing.

Note: Each QRMP filer must pay the GST tax even though they file quarterly GST Registrations.

Eligibility Criteria For GST Registration In India

To become eligible for GST Registration, you must have GST registration. The eligibility criteria for GST registration are as follows:

You’re an individual registered as per pre-GST law

The annual turnover of your business is above INR 40 lakh

You are an agent of a supplier and input service distributor

You are an e-commerce business aggregator

You’re a person that’s engaged with the business of providing database access and supplying online information to a place outside India.

Documents Required For Filing GST Registration In India

Every GST register company must attach the following documents along with the application for the GST Registrations filing to secure the submission of their successful Registrations with the Department of Revenue:

The Identification proofs of the directors, person, or partners

The PAN card of the business entity and the directors, person, or partners

GST Registration Number

Financial Statements required

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