At valcus we understand the value of time of our clients. we ensure we will provide all the Tax and Accounting services under one roof. We believe in transparency in business, so we want our clients to be educated with the services we provide.
Why is it required for a business to register for GST?
It is very important for any goods or service provider to have GST registration, if you fail to register for GST, you can incur heavy fines and penalties that can go up to 100% of your owed tax amount. Registering for GST means you can also collect GST from your customers. Thus, in order to avoid any conflict with the law, it is essential that you register for GST.
You should learn here all you need to know about GST registration to make this process easier for yourself and your company.
Requirement for GST registration for a business?
It is mandatory for you to register for GST and have a GSTIN if:
What all documents Do you need for GST registration?
Facts about GST registration
Use the above information to remain informed and register for GST with ease.
DIFFERENCE BETWEEN CGST VS SGST VS IGST
Central GST (CGST)
When the supply of goods and services takes place WITHIN the State (Intra-state), that is when the Supplier and the Consumer both are in the same state, two taxes will be levied. One part is levied by the State Government and the other is by Central Government. Hence the tax levied by the central government is known as Central GST.
State GST (SGST)
State GST is the component of GST that will be collected by the state government on all items, both goods, and services on intra-state trade.
Integrated GST (IGST)
When the supply of goods and services takes place BETWEEN two States (Inter-state), that is when the place of Supplier and the Consumer are in different states, Integrated GST is levied by the central government. In the case of Inter-State supply of Goods and Services, only IGST will be applicable.
GST Registration Certificate with experience professional support
Within in 12 to 15 working days
One month GST 3B Nil Return Filing with experience professional support
Including of all government fee and taxes.
GST Registration Certificate Within in 8 to 11 working days
3 months GST 3B Nil Return Filing with experience professional support
One DSC ( Digital Signature Certificate)
3 Months GST Support with experience professional
Including of all government fee and taxes.
GST Registration Certificate Within in 3 to 5 working days
6 months GST 3B Nil Return Filing with experience professional support
One DSC ( Digital Signature Certificate)
6 Months GST Support with experience professional
Including of all government fee and taxes.