Consultants for GST Registration in India
Consultants for GST Registration in India
A consultant is an individual or a firm engaged in the business of providing economic services and generating income. Therefore, they must be registered for GST under the Goods and Service Tax Act of India.
Consultants are required to register for GST if their aggregate turnover in a financial year exceeds Rs 20 lakhs (Rs 10 lakhs for special category states) or if they are dealing in taxable goods and services. However, they are not required to register if they are only dealing in exempted goods and services.
The eligibility criteria for GST Registration in India is to have a place of business or residence in the state or region where the company has its registered office. In case of a person, it is essential to mention his legal name as per the PAN database, a Permanent Account Number and Mobile No & Email Address in the GST Registration form.
In the case of a business, it is mandatory to submit a valid business registration certificate as well. The business certificate carries the details of the company, its location, type of entity, validity period and the GSTIN or Goods and Service Tax Identification Number.
A company can register itself for GST on its own or hire a consultant to do it. The process is a hassle-free and convenient way to get registered under the GST Act.
Several benefits can be achieved by having a valid GST Registration. Here are some of them:
Can trade inter-state if you have GSTIN: Without a GSTIN, you cannot sell your product or service to customers from different states in the country. If you want to apply for government tenders or open a current bank account, you need a valid GSTIN.
The best part of the entire process is that it is quick and simple. In order to register your business, you will need to visit the GST website and fill out a simple form. Once the application is completed, an ARN or Application Reference Number will be sent to your email and mobile address.
Tel:+917299972500
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