GOODS AND SERVICE TAX (GST)
Goods and Service Tax (GST) is considered to be an indirect tax system that in fact has gradually replaced many indirect taxes in India (such as excise duty tax, Value Added Tax (VAT), and the service tax). The GST registration is governed by the Goods and Service Tax Act. GST is levied on the supply of goods and services, for every value addition, which is indeed a single domestic indirect tax law for the entire country.
GST Registration Status:
Multi-stage (In the multi-stage, an item goes through multiple changes of hands along its supply chain, which begins from the manufacturer to the final sale to the consumer)
Destination-based tax (Goods manufactured in one state and sold in another state and reaching the final consumer).
GST Registration Services in Hyderabad & Bengaluru. Get GST Registration Certificate In a Few Easy Steps To Operate a Business In India.
GST Registration Documents
• PAN Card of the Business or Applicant
• Identity and Address Proof along with Photographs
• Business Registration Document
• Address Proof for Place of Business
• Bank Account Proof
• Digital Signature
Taxpayers should note that there are no GST Registration fees. Therefore, you need not pay anything for registration under GST. But, defaulting tax payments or making short payments will incur a GST penalty.