Understanding GST:

GST is an indirect, multi-stage tax, which is an amalgamation of all the previous indirect taxes, which was introduced with an aim to eliminate them.

GST is a levied tax on most of the goods and services for the domestic consumption of all goods and services. It is an indirect tax that has been applied to the total cost of certain goods and services. All the businesses that supply foods and services over a value of more than Rs. 40 Lakh is eligible for the GST registration while in some areas like in North-Eastern states, the value is just Rs. 20 Lakh.

For any business whose turnover exceed 40 lakhs is required to register under a taxable person , and that is what is known as GST registration.

For some business GST registration is mandatory. It usually takes 5-6 business days to get GST registration done.

The GST registration process involves the online submission of forms with the help of experts.

  • Create a user id on GST Portal. (https://www.gst.gov.in/)
  • Fill the Part A of GST Registration Form-1
  • A reference number will be provided via registered mobile number and email id
  • Fill up the 2nd Form of GST registration process and upload the required documents

A Certificate of Registration will be issued after the completion of the GST registration process.

We at ASA will also help in GST registration and obtaining the certificate of registration along with its return filing.

Delhi is the right location to begin or conduct business. The main benefit being that it is the Capital of the Country and it receives lot of attention from all around. It has people who are running small business to multinational companies therefore it is important to  adhere to GST Registration in Delhi.

GST registration in Delhi introduced limited compliance to the business, GST registration in Delhi enables the small businesses to offer their products at competitive prices.

ASA is the best GST service provider in Delhi. From getting the GST registration done to its annual return filing ASA is here to help you at every step and in best possible way.

Components/types of GST

  • CGST (tax collected by the central government on an intra-state sale)
  • SGST (tax collected by the central government on an intra-state sale)
  • IGST (tax collected by the central government on an inter-state sale)

Advantages of GST Registration:

Technologically driven:

All the activities, including registration, return filling, application for refund, etc. is to be done on a GST online portal, which makes the process more efficient and far less cumbersome.

One tax for all:

GST eliminates the need to have previous other indirect taxes like excise duty, VAT, service tax, etc.

Less cumbersome:

The registration and application process is fairly simple because of the ease of use, and the fact that there are lesser number of compliances.

Logistic efficiency:

GST also brings with itself a lot of perks, which include an increased efficiency in logistics, etc.

Why GST is important Registration:

  • The registration process is fairly simple and uncomplicated; there is a separate GST portal dedicated to it.
  • It plays a huge role in increasing the ease of doing business, and is key in regulating the unorganised sectors.
  • The GST law also has a very defined treatment for all e-commerce activities, therefore playing a role in digitizing India.
  • The introduction of a new tax law in the form of GST has also contributed in price reduction of goods and services, thus maintaining uniformity.

GST features

  • Dual tax structure: Different taxes by the centre and the state government has been levied on all goods and services.
  • IGST on inter-state supplies: Integrated GST on inter-state supplies in which the total revenue has been shared by both the consumption and centre and state.
  • Import and export: All imports are considered as inter-state supplies, therefore, they do levy IGST while on the other hand, exports are zero-rated.
  • Supply between two companies of the same legal entity: The supply of goods and principal is taxable between the agents and the amount of the transfer should be more than Rs. 50,000.

Documents Required for GST Registration:

For a Sole Proprietor For a Partnership Firm (including LLP) For an HUF For a Company (Public and Private; Indian and Foreign)
• PAN card of the owner PAN card of all partners (including managing partner and authorized signatory) PAN card of HUF PAN card of Company
• Aadhar card of the owner Copy of partnership deed PAN card and Aadhar card of Karta Certificate of incorporation given by Ministry of Corporate Affairs
• Photograph of the owner (in JPEG format, maximum size – 100 KB) Photograph of all partners and authorized signatories (in JPEG format, maximum size – 100 KB) Photograph of the owner (in JPEG format, maximum size – 100 KB) Memorandum of Association / Articles of Association
Bank account details Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.) Bank account details PAN card and Aadhar card of authorized signatory. The authorised signatory must be an Indian even in case of foreign companies/branch registration
Address proof Aadhar card of authorised signatory Address proof of principal place of business PAN card and address proof of all directors of the Company
Proof of appointment of authorized signatory Photograph of all directors and authorised signatory (in JPEG format, maximum size – 100 KB)
In the case of LLP, registration certificate / Board resolution of LLP Board resolution appointing authorised signatory / any other proof of appointment of authorised signatory (in JPEG format / PDF format, maximum size – 100 KB)
Bank account details Bank account details
Address proof of principal place of business Address proof of principal place of business

How ASA help you to create GST In India:

  • Our government has declared GST to unify the state economy. If you need further assistance to make a better decision for your business related to GST advisory, make us a call right now.
  • It is important to understand the financial and operational impact of GST over your business before you take any action regarding your business. We consult you on every part of it.
  • We, help you in the entire process of GST registration with assurance of hassle-free proceedings.

    Enquiry Now

    Contact us via Whatsapp

    Our Services

    • ISO Registration/Certificate

      ISO certification helps your organisation to create credibility to further build overseas business.

    • GST Advisory

      A GST advisory helps the company to stay updated with the GST compliance filing process.

    • One Person Company

      This can be termed as an amendment to the sole proprietorship registration.

    • SSI/MSME Registration

      If you want a SSI/MSME license and afraid of long proceedings, leave everything on us. We help you without any hassle and paperwork.

    • NRI Income Tax Filing

      The tax accumulated from residents is the basis of Indian Economy. Section NRI Taxation under the Indian

    • Trust Registration

      We make sure to complete all the legal formalities required to form a trust under the jurisdiction of the state.

    • Partnership Firm

      We, help you in the process of Partnership firm registration with assurance of hassle free proceedings.

    • Trademark Registration

      We are there to help you with the entire process of Trademark registration