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Gst Registration Online | Gst Registration India
GST Registration Online
Apply for GST Registration in India with Kanakkupillai! As per GST legal process, any business operation or any entity with an annual turnover exceeding Rs 40 lakhs must undergo the GST process/procedure in India as a separate taxable provision.
As per GST jurisdiction, any business operations whose annual turnover exceeds Rs 40 lakhs must register as a separate taxable provision. This procedure is called GST registration. It takes around 2-6 working days to obtain GST registration online in India.
Overview of Online GST Registration in India
The Goods and Services Tax, also known as the GST, is a tax that is levied on all products and services that are purchased in India. Taxation, value-added tax, and services tax are some of the indirect taxes that have been replaced in India by the goods and services tax (GST), which is also an indirect tax. According to the Goods and Service Tax Act, which was approved by the Indian Government on March 29, 2017, the Goods And Service Tax (GST) has been in effect since July 1, 2017. As per GST jurisdiction, if you are doing any business ...
... without GST Registration, it is considered an offense.
GST Registration Online in India or Goods and Service Tax - One Nation One Tax
Being the biggest tax reform in India, GST is levied on goods and services which includes both the Central taxes (CST, Service Tax, Excise Duty) and State taxes (VAT, Entertainment Tax, Luxury Tax, Octroi). This will help the consumer to bear only GST which is charged by the last dealer in the chain of trade and supply.
As per GST Regime, any business operation whose annual turnover is exceeding more than Rs.40 lakh is needed to register as a normal taxable individual. However, there is an exclusion for hill states and North East, the annual turnover is exceeding more than Rs.20 Lakh for them.
Obtaining GST Registration in India is mandatory for all types of businesses whose turnover comes under the above-mentioned criteria. If a business entity carries out any business activities without GST registration, it will be conceived as a punishable offense and the business and its owner will be liable to pay heavy penalties and legal issues.
Types of GST Registration in India
There are different GST registration types, including regular, casual, non-resident, and eCommerce operators. Regardless of the turnover threshold, casual taxpayers, non-resident taxpayers, and eCommerce owners must register for GST.
Casual Taxable Person
A casual taxable person is someone who occasionally provides products or services in a State or a Union territory where the entity does not have a permanent place of business, according to the GST Act. As a result, individuals operating transient businesses at fairs or exhibitions or seasonal enterprises would be considered casual taxable people under the GST.
Non-Resident Taxable Persons
Under the GST, a non-resident taxable person (NRI) is any individual, company, or organization that provides goods or services but does not have a permanent home or place of business in India. As a result, any foreign individual, company, or organization providing products or services to India would be considered a non-resident taxable person and would need to abide by all GST laws in India.
E-Commerce Operators
Anyone who owns, runs, or oversees a digital or electronic facility or platform for electronic trade is considered an e-commerce operator. Therefore, regardless of company revenue, anyone who sells online can be considered an eCommerce Operator and is therefore required to register for GST.
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