RandL Legal Services Pvt. Ltd.

Licenses & Certifications /GST Registration

GST Registration is a mandatory requirement for businesses in India with an annual turnover of INR 20 lakhs or more. It is a process of registering with the Goods and Services Tax department to charge and collect GST on the goods or services provided by the business. GST Registration ensures compliance with tax laws and allows businesses to avail input tax credits.

Licenses & Certifications

GST Registration

Eligibility Criteria

To register for GST, businesses must meet the turnover threshold criteria and fulfill the requirements specified by the GST department. This includes maintaining proper records, adhering to tax rates, and complying with invoicing rules.

Documentation

The GST registration process involves preparing and submitting various documents such as business PAN, identity and address proofs, bank account details, and business registration certificates. These documents are necessary to verify the authenticity of the business.

Online Registration Process

GST registration can be done online through the GST portal. Businesses need to fill out the registration form, provide accurate information, and upload the required documents. The registration process involves verification and approval by the GST department.

GSTIN Allocation

Once the registration is approved, a unique Goods and Services Tax Identification Number (GSTIN) is allocated to the business. This GSTIN is used for all GST-related transactions, including filing returns and claiming input tax credits..

Compliance and Returns

After GST registration, businesses are required to comply with various GST regulations, including maintaining proper records, filing regular GST returns, and paying taxes within the prescribed due dates. Non-compliance can result in penalties and legal consequences.

Faq

Any business in India with an annual turnover of INR 20 lakhs or more (INR 10 lakhs or more for special category states) is required to register for GST. Additionally, certain businesses such as exporters, e-commerce operators, and input service distributors have mandatory registration irrespective of turnover.
Yes, businesses with turnover below the threshold can voluntarily register for GST. Voluntary registration can provide benefits such as availing input tax credits, participating in inter-state trade, and gaining credibility among suppliers and customers.
The documents required for GST registration include PAN card, Aadhaar card, proof of business registration, bank account details, identity, and address proofs of the proprietor/partners/directors, and authorized signatory.
The timeline for GST registration varies, but it typically takes around 7-10 working days for the registration process to be completed, including document verification and GSTIN allocation. However, the exact time may depend on the workload and efficiency of the GST department.
Failing to register for GST when required can result in penalties and legal consequences. Non-compliance may lead to penalties based on the amount of tax evaded or a fixed amount per day of delay. It is advisable to register for GST to avoid such consequences.
Yes, amendments to GST registration details can be made through the GST portal. Changes such as address, contact information, business turnover, and addition or deletion of partners or directors

Our simplified process

01Business Entity Selection

We guide start-ups in selecting the appropriate business entity type based on their goals and requirements, such as Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm.

02Name Reservation and Approval

We assist start-ups in choosing a unique and meaningful name for their business and ensure its reservation and approval as per the guidelines of the Registrar of Companies (ROC).

03Documentation and Incorporation

We handle all the necessary documentation and paperwork required for the incorporation of the start-up, including drafting the Memorandum and Articles of Association, obtaining Director Identification Number (DIN), and filing the incorporation application.

04Statutory Registrations

We help start-ups with essential registrations such as obtaining Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN), Goods and Services Tax (GST) registration, and Employee Provident Fund Organization (EPFO) registration, ensuring compliance with statutory requirements.

Clients Speak

They are very professional and guided us properly right from the beginning. Highly recommended for your Visa requirements.

Saurabh Sirvastav

Highly recommended for everyone to visit once.Superb quality at an inexpensive price. Their workforce is competent and dedicated. The greatest aspect is that they keep up the excellent standard of their work throughout the duration of the service.

Fhatima Shaik