For Individual/Single Owner/Proprietor: INR 1199/-
For Company /LLP/ Partnership Firm: 1999/-
10k
5k
1000+
500+
GST is a form of indirect-value addition-destination based tax which is levied on manufacturing, sale & consumption of goods & services. Under GST regime only the value addition will be taxed and the burden of tax will be borne by the final consumer. This is a country vide GST Registration online law which became a reality on July 01, 2017.
The new GST registration procedure is completely electronic. This brings in the minimal face to face interaction between tax authority and the GST registration official. Complete your GST registration online procedure by following the mentioned steps:
Form GSTR-01: Fill your PAN, email ID & Mobile number
Verify your mobile no. & email ID with an OTP
Store your Application Reference No (ARN) for reference.
Form GSTR -03: Automatically generated form.
After all the information you have put in and further verified a GST Registration certificate will be issued within 3 working days. Track your new GST registration online application by clicking on the link https://services.gst.gov.in/services/arnstatus
Note: This condition is subject to maximum late fees of INR 5000
If GST is not paid within the due date then interest is to be charged @18% p.a.
GST registration is a destination based tax which means that tax is based on the destination or the consumption of goods or services. On the contrary, origin based tax is charged where the goods are produced and not consumed.
GST will replace the following taxes: excise duty, CVD, SAD, service tax, central surcharges & cess, state VAT, entertainment/entry tax, purchase & sales tax etc.
Centre will levy CGST & IGST while state will have the responsibility of levying SGST within the state.
CGST: CGST subsumes various central tax and levies some of them are Central Sales Tax, Central Excise Duty, Service Tax and Excise Duty under Medical & Toiletries Preparation Act, Additional Excise Duties Countervailing Duty (CVD), Additional Custom Duty and other centralized tax.
SGST: SGST stands for State Goods & Services Tax subsumes various tax and levies under the state authority are subsumed. It includes the amalgamation of State Sales Tax, Luxury Tax, Entertainment Tax, Levies on Lottery, Entry Tax, Octroi and other taxations related to the movement of commodities and services under state authority. Thus the Revenue collected under SGST will belong to the State Government.
IGST: IGST stands for Integrated Goods and Services Tax which is charged on the supply of commodities and services from one state to another state. For example if supply of goods and services takes place between Karnataka and Uttar Pradesh, IGST will be applicable.
UTGST: The union territories in India are accounted under a specialized taxation called Union Territory Goods and Services Tax (UTGST). Delhi (NCT), Chandigarh, Dadra & Nagar Haveli, Andaman & Nicobar Islands, Daman & Diu, Lakshadweep, Puducherry, Jammu & Kashmir and Ladakh are the prominent UT’s in India. UTGST will account for all the taxations under the union territories in India.
No, the government does not charge any GST registration fees from any applicant but on the other hand since it is a tedious job and requires a skilled and experienced person to go through all the new GST registration procedure, compliance laws, and documentation part. Therefore it is always advisable to have some experienced chartered accountant on your side who will guide you in all the GST registration process and for this they charge a GST Registration Fees. This new GST registration fees is more or less like a professional fee which they charge for their service.
Centre will levy CGST & IGST while state will have the responsibility of levying SGST within the state.