The Goods and Services Tax (GST) registration process is online and must be completed on the government website at gst.gov.in. Every dealer whose annual turnover exceeds Rs 20 lakh (Rs 40 lakh or Rs 10 lakh, depending on state and type of goods) is required to register for GST. It should be noted that people registering for GST must complete the GST REG-01 form. The GST REG-01 form can be completed online and is absolutely free of charge. This form is broken into two parts: Part A and Part B. It is critical that both Parts A and B are filled out correctly, or else the GST registration will not be completed.
Source: a2ztaxcorp.com
Latest Posts in "India"
- India to Impose New Health and Security Tax on Tobacco Machinery, Amend GST Compensation Levy
- Punjab Trade, Tax Bodies Threaten Statewide Stir Over Delayed VAT, GST Refunds
- Briefing Document & Podcast: E-Invoicing and E-Reporting in India
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
