GST Consulting

GST registration is a mandatory process for businesses with a specified turnover, making them compliant with Goods and Services Tax regulations. It involves obtaining a unique GSTIN (GST Identification Number) for easy tracking and tax filing. Registration helps businesses claim input tax credit, expand market reach, and ensure seamless transactions. It is essential for legal operation and avoiding penalties.

GST Registration

What is GST? GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes, including VAT, excise duty, service taxes, etc

What is GST Registration? Under Goods and Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. It is called GST registration. For certain businesses, registration under GST is mandatory.

GST Invoicing

GST invoicing ensures compliance with Goods and Services Tax requirements. Businesses must issue GST-compliant invoices that include essential details such as GSTIN, tax rates, and invoice number. Proper invoicing helps track input tax credits, ensures accurate tax filing, and minimizes the risk of penalties. It is crucial for transparent transactions and efficient GST reporting and audit processes.

GST Monthly Return

GST monthly returns are mandatory filings for businesses to report their sales, purchases, and tax liabilities under the Goods and Services Tax system. Typically filed through GSTR-1, GSTR-3B, and other relevant forms, these returns ensure compliance with GST regulations. Timely submission is crucial to avoid penalties, claim input tax credit, and maintain transparent financial records.

Annual Return Filling

GST Annual Return filing is a comprehensive summary of a business’s yearly transactions under the Goods and Services Tax system. It includes details of sales, purchases, input tax credit, and taxes paid. Filed through forms like GSTR-9 or GSTR-9C, it ensures compliance, reconciles monthly returns, and helps businesses avoid penalties while maintaining accurate financial records.

GST LUT and Export

GST LUT (Letter of Undertaking) and Export Bond are crucial for businesses involved in export activities under GST. An LUT allows exporters to ship goods or services without paying IGST (Integrated Goods and Services Tax) on exports, provided they fulfill certain conditions. Alternatively, an export bond can be submitted to Customs for the same purpose. Both ensure tax-free exports while promoting smooth cross-border transactions.

GST Eway Bill

The GST e-way bill is a mandatory document for the movement of goods exceeding a specified value under the Goods and Services Tax system. It contains details of the consignor, consignee, and goods being transported. Generated electronically, it helps track the movement, ensures tax compliance, and prevents tax evasion. E-way bills are essential for seamless interstate and intrastate transportation.

Cancel GST Registration

Cancelling GST registration is necessary when a business ceases operations, changes its structure, or falls below the taxable turnover threshold. To cancel, businesses must file an application with the GST portal, ensuring all pending returns and dues are cleared. The GSTIN is revoked once the cancellation is approved. Timely cancellation avoids penalties and ensures compliance with GST laws.

Required Document List

GST Registration as Company

  • COMPANY PAN CARD
  • DIRECTOR PAN CARD
  • DIRECTOR AADHAR CARD
  • DIRECTOR PHOTOS
  • INCORPORATION CERTIFICATE
  • AUTHORITY LETTER
  • OFFICE ADDRESS PROOF
  • RENT AGREEMENT (IF NOT OWNED)
  • EMAIL ID
  • MOBILE NO
  • REGULAR OR COMPOSITION
  • PRODUCT DETAILS
  • BMC TAX RECEIPT
  • UTILITY BILL

*All documents should be self-attested.

GST Registration as Proprietor

  • PAN CARD
  • AADHAR CARD
  • PHOTO
  • MOBILE NO
  • EMAIL ID
  • PRODUCT DETAILS
  • FIRM NAME
  • BMC TAX RECEIPT
  • LIGHT BILL
  • IF PROPERTY IS NOT OWNED THEN RENT AGREEMENT
  • REGULAR OR COMPOSITION

*All documents should be self-attested.

GST Registration for Partnership

  • FIRM PAN CARD
  • PARTNER PAN CARD
  • PARTNER AADHAR CARD
  • PARTNER PHOTOS
  • PARTNERSHIP DEED
  • AUTHORITY LETTER
  • OFFICE ADDRESS PROOF
  • RENT AGREEMENT (IF NOT OWNED)
  • EMAIL ID
  • MOBILE NO
  • REGULAR OR COMPOSITION
  • PRODUCT DETAILS
  • BMC TAX RECEIPT
  • UTILITY BILL

*All documents should be self-attested.