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All About GST Registration in India?

Question by Enterslice Group On 22 September 2021, 11:29:32


Please write a genuine and meaningful answer to get a good ranking.

Answer by Enterslice Group On 13 September 2021, 10:45:49


GST registration is required for all traders/business people/entities with a turnover over a certain threshold. GST is an indirect tax that came into effect on July 1, 2017. It is imposed  on the supply of goods and services across the country. It has also brought about uniformity in the indirect tax structure by replacing all pre-GST indirect taxes like as VAT, service tax, Excise duty, and so on. Simply defined, GST is based on the principle of "One Nation, One Tax.

DOCUMENTATION REQUIRED FOR GST REGISTRATION

  • PAN of the applicant
  • Address proof place of business
  • Proof of business registration or Certificate or Incorporation
  • Identity Proof and address Proof of Promoters in case of Company registration in GST
  • Photograph of Promoter
  • Bank account Statement

 

 

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