Whether you are a small business or a freelance taxpayer, you need to be registered under GST if you provide goods and services on sale and make an annual turnover of over 20 lakh rupees.
Having a GST number means you can avail of many privileges under the GST act like transfer of the credit of the tax amount to the purchaser or recipient. So, even if you do not make an annual turnover of over 20 lakhs, it is wise to register.
Now, let’s talk about the easier way to register for GST in Delhi. It is of course through the online government portal gst.gov.in. However, since anyone with their business operations in various states has to be registered in every state and that the registration is quite a lengthy procedure, hiring a professional service for a small fee to get it done for you is the easiest way.
How to get a new GST registration in Delhi?
Goods and Services Taxes (GST) has subsumed all indirect taxes levied by the middle and states since it had been officially announced on Dominion Day , 2017.
Those with an annual turnover of 20 lakhs rupees are susceptible to register under the new GST regime. As a goal to make one compliance mechanism, GST registration are often done online, not just registration you'll file your returns online also .
If you're starting a replacement business then you would like to register for GST. Before stepping into the way to get a replacement GST registration in New Delhi , let’s get into the ‘why’
Advantages of registering under the GST regime
1. One India, one market policy under the GST tax regime which works for all states makes selling your product easier because it cuts down on the bias and buyers can buy through any registered vendor.
2. GST may be a goods and services tax, you'll be ready to get tax input on all expenses and purchases.
3. the govt will rate your business for sellers and buyers to ascertain as per your GST paying habits, so with an honest record, you'll get an honest rating for your business.
How to get a replacement GST registration in Delhi?
You can make a replacement GST registration for free of charge everywhere India on gst.gov.in. However, since it are often a lengthy process and if you lack the technical skills to urge through it or don't have enough time on your hands, you'll hire professional firms which will roll in the hay for you at alittle fee. a fast Google search will show you the firms in your area that provide the said services. The firms also can file your return for you and assist you with taxes in other ways.
What are the documents required to urge a GST registration?
1. PAN card
2. Passport Size photo/s.
3. Address proof of your business
4. ID proof
5. First-page copy of a passbook or canceled cheque
6. Electricity Bill of the place of your business or rent agreement if you rent the place of your business.