GST Registration

GST Registration

BESTCASERVICES provides GST Registration in which GST refers to Goods and Services Tax which subsumes all taxes such as Sales tax, Service tax, Excise duty etc. into GST. Our GST registration is primarily required, if your annual sales are more than Rs. 20 Lakh. Even if your sales are less than Rs. 20 Lakh, we suggest that you voluntarily opt for GST registration because

You will not get any tax refunds on purchases (e.g. if you buy goods worth Rs 1 lakh in a year, and tax rate is 28% – you will lose tax refund of Rs. 28,000).You cannot sell outside your state.

GST Registration typically takes between 2-6 working days. You need to file your application with the department and sign it with your digital signature. GST Registration can be done through BESTCASERVICES.

WHO ALL NEED GST REGISTRATION?

The registration in GST is PAN based and State specific. Supplier has to register in each such State or Union territory from where he effects supply if he fulfills any of the following conditions:

Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax)
Businesses with turnover above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
Casual taxable person / Non-Resident taxable person..
Agents of a supplier & Input service distributor..
Those paying tax under the reverse charge mechanism..
Person who supplies via e-commerce aggregator...
Every e-commerce aggregator
Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person