How do I get GST Registration for free in India?
Registration is required for all providers, buyers, and sellers of services. A company must register for the Goods and Services Tax (GST) if its annual revenue exceeds Rs. 20 lakhs. It takes two to six days of work to process.
Any business qualifying for GST must register on the GST portal established by the Indian government. The registered entities will receive a unique identification number known as a GSTIN.
Registration is required for all Service providers, purchasers, and sellers. A company must register for the Goods and Services Tax (GST) if its annual revenue exceeds Rs.20 lakhs. It takes between 2 and 6 days to process.
Who Needs to Get GST Registration?
Businesses and people who fall under the categories below must register for GST.
- Online shopping search engines
- Suppliers working with online marketplace aggregators
- Persons subject to taxation through the reversal of the normal procedure
- Distribution and supply chain intermediaries for intermediate goods and services
- Taxpaying non-resident aliens
- Companies whose sales volume is over the defined cutoff
- Those who enrolled prior to the rollout of the GST law
What are the Different Types of GST Registration?
GST Registration can take several forms under the GST Act. Before deciding on the best sort of GST Registration, you should be aware of the many options. The various types of GST Registration are as follows:
1. The Average Taxpayer
The majority of companies operating in India can be classified here. In order to become a normal taxpayer, you do not need to provide any kind of deposit. Taxpayers who are considered to be in this category are not subject to a time limit either.
2. Casual Taxable Person
This category is open to anyone who is interested in opening a temporary shop or stall over the holiday season. During the time that the stall or seasonal store is open for business, you are required to make an advance deposit in an amount that is equal to the anticipated GST liability. The GST Registration that falls under this category is valid for a period of three months, after which it can be extended or renewed.
3. Taxpayer Based on Composition
If you are interested in obtaining the GST Composition Scheme, you must submit an application for this. If you fall into this category, you will be required to make a flat deposit. Under these circumstances, you will not be eligible for the tax credit for inputs.
4. Taxpayer Who Does Not Reside in the India
Choose this sort of GST Registration if you don't actually dwell in India but do business with people who are based there and supply them with goods. A deposit that is equal to the estimated amount of GST liability must be paid during the time that the GST registration is active. This requirement is similar to the one that applies to Casual Taxable Persons. The length of this form of GST registration is typically three months; however, it is possible to extend or renew it before it reaches its expiration date.
How to Register for the Goods and Services Tax (GST) Online on the GST Portal for for Free
On the online GST site, registering for GST is a simple process that may be completed quickly. Business owners can register their companies for GST by filling out a form on the GST portal and submitting the required documentation. The Goods and Services Tax (GST) registration process needs to be finished by businesses. It is a criminal violation to conduct out business without registering for GST, and substantial fines are enforced for non-registration. In addition, carrying out operations without registering for GST is strictly prohibited.or You can immediately contact StartupCA to obtain a free GST number.