GST Registration Service in Delhi.

GST (Goods and Services Tax) registration is a mandatory process for businesses to comply with the GST law. Here’s a detailed guide:

Who Needs to Register for GST?

1. Businesses with Annual Turnover Above ₹40 Lakhs
2. Interstate Suppliers
3. E-commerce Operators
4. Non-resident Taxable Persons
5. Input Service Distributors

GST Registration Process:

1. Obtain Provisional ID and Password
2. Fill GST REG-01 Form
3. Verify Email and Mobile Number
4. Fill GST REG-04 Form
5. Upload Required Documents
6. Verify GST Registration

Required Documents:

1. PAN Card
2. Aadhaar Card
3. Business Registration Certificate
4. Bank Account Statement
5. Address Proof

GST Registration Benefits:

1. Legally Recognized as a Supplier
2. Can Collect GST from Customers
3. Can Claim Input Tax Credit
4. Can Issue Tax Invoices
5. Compliance with GST Law

GST Registration Penalties:

1. Late Fee of ₹50 Per Day
2. Interest on Late Payment
3. Penalty Up to ₹25,000

By understanding GST registration, businesses can ensure compliance and avoid penalties.