GST Registration Online
If you run a business in India, You will have to register for GST if your turnover is over (20 Lakhs / Service Income 40 Lakhs / Trade Income)
Timeline - 5 to 7 Working days
What is GST?
Goods and Service Tax or GST is the biggest Indirect Tax passed on 29th March 2017 in the Parliament under the Goods and Service Tax Act. This one tax replaced almost all other indirect tax laws that previously existed in India. GST came into effect on 1st July 2017. Now it is one tax for the entire country.
The journey of GST started in the year 2000, when a specially formed committee drafted the law. And it took 17 years for the law to mould and evolve. The GST Bill was passed in 2017 in Lok Sabha and Rajya Sabha and by 1st July 2017, the GST law was implemented.
Under the GST regime, the tax is levied at every point of sale. In the case of intra-state sales, Central GST and State GST are charged. Inter-state sales are chargeable to Integrated GST.
- There are 3 different taxes applied under this system: CGST, SGST & IGST.
- CGST is for intra-state sale and are collected by the Central Government on an intra-state sale.
- SGST is collected by the State Government for intra-state sale and finally,
- IGST which is collected by the Central Government on inter-state sales.
GST Registration Online
Why GST is needed ?
One of the important reasons to introduce GST in India is to integrate almost all taxes into a single one. Earlier the VAT rates and regulations are different from state to state. And it has been noticed that states often fall back to slashing these rates to attract investors. These slashing results in revenue loss for both the State and Central government.
But then, GST brings in single tax laws all over the country traversing across diverse industries. GST helped the government in getting the revenue without any issues and lapse. Here Central and State would divide the taxes based on their pre-approved formula.
In addition, there won’t be any extra state-imposed tax and it became much easier to sell goods and offer services uniformly all over the nation. Importantly, GST is easy to predict the track by both the government and business owners. Introduction of GST helped in palliation of double taxation, cascading, multiplicity of taxes, taxable event, classification issues, and so on.
GST Registration Online
We Serve Everywhere
Thewealthbridge.in is web portal of the Virutchamwealth Bridge Private Limited is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Vellore,Tamilnadu, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe
Step 1. Income tax
We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.
Step 2. Business Licenses
Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses
Step 3. Financial Services
we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights
Step 4. GST Returns
We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN
What are the Documents required for Formation of GST Registration Online?
PAN Card of the Business in case of company
PAN and Residence Proof of Partners / Directors
Constitution proof of the business in case of Firm / Company
Address Proof of business (Rented or Owned)
Bank Statement / Cancelled Cheque of the business
DSC in case of Company
What Includes in this package?
Verification of Documents
Filing the online or offline Application form for GST Registration
Dealing with Respective Authorities & Following until Certificate is granted
GST Registration Online
Process
What is process for getting GST Certificate?
GST Application Preparation
Our Expert will help and guide you in collecting the details needed for the GST registration application and to collect all the needed supporting documents.
GST Application Filing
Once the details and documents are ready, we will file the GST application online and provide you ARN number instantly.
GST Registration Certificate
Once the GST registration form and the attached supporting documents are verified by the Officer, your GSTIN and GST Registration Certificate will be sanctioned.
FAQ
Whether Trader of Country Liquor is Required to Migrate to GST from VAT as Liquor is out of GST Law?
If there are Two SEZ Units within same State. Whether two Registrations are required to be obtained?
About Wealth Bridge
We Help You To Form Your Company In A Simple Way Wealth Bridge Will Making More Possibilities which aims at providing much-needed funds to businesses across the trading and service industry
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Head Office
2nd Floor, #23, 8th East Main Road
Gandhinagar, Katpadi, Vellore
(+91) 416 2241199
(+91) 86677 53901
Branches
ARAKKONAM OFFICE
# 10/1, Thiruthani High Road ,
Upstairs to Central Bank ,Jothi Nagar,
Arakkonam , TamilNadu - 631003
Phone:+91 6381184522 , +91 8012747723.
RANIPET OFFICE
No 126, MBT Road, Mahaveer Complex,
First Floor, Muthukadai,
(NearDarling bakery) Ranipet - 632401
Phone : +91 417 2295006 +91 86675 42148