Streamline your business operations with hassle-free GST registration and filings. At Prakasha & Co, we understand the importance of having a valid GST registration to unlock growth opportunities. Our experienced team is well-versed in the online process, ensuring a seamless and efficient GST registration in Bangalore without any manual work.
When it comes to your GST-related queries, we’ve got you covered. Prakasha & Co is your go-to partner for comprehensive guidance and assistance. Whether you need clarification on GST regulations or help with managing your GST registration in Bangalore and filings, our experts are here to provide the answers you seek.
The largest tax reform to take place in India recently was the Goods and Service Tax (GST), an indirect form of tax that replaced a number of Central and State levies like VAT, Service tax, Excise duty, Entry tax, Octroi, etc. The Goods and Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is imposed on every value addition. The Act went into effect on July 1st, 2017.
Since commodities typically pass through several stages before being sold to a consumer, from a manufacturer to a wholesaler to a retailer, GST is multi-stage. Each level involves a value addition, so GST is charged there as well.
GST is a destination-based tax, which implies that the state where the goods or services are consumed is responsible for collecting the tax. For
For A Sole Proprietorship Business
For A Partnership Firm
For A HUF
For A Public Or Private Limited Company
To successfully finish the GST registration, process every taxpayer must follow the requisite process. The procedure for GST Registration is mentioned below.
• Select ‘Taxpayer’ under the drop-down menu.
• Select the respective state and district.
• Enter the details of the business (Name and PAN card).
• Provide the email ID and mobile number (that must be active as OTPs will be sent on the details) in the respective boxes.
• Enter the Captcha shown on the screen and click on ‘Proceed’.
Note-TRN is used to open PART-B in GST registration and to log in to the GST registration application.
• Electronic Verification Code (EVC).
• By e-Sign method.
• In case the applicant is a company, the application must be submitted by using the Digital Signature Certificate (DSC).
Expert guidance at Prakasha & Co. , you’ll feel a breeze in Registering your GST. Get Started Today
If everything is in order, it may take anywhere between 4 to 5 business days for registering GST. This timeline is further subject to Government processing, approval time, public holidays, etc.
Getting registered with GST is a must for businesses that have a turnover of over INR 20 lakhs or for those who engage in inter-state transactions.
This is because GST is charged on the goods and services sold in India. If you do not register, you can’t collect GST from your customers. This can be frustrating for start-up owners. However, the process is simple if you use Prakasha & Co Legal experts to help you complete it. Get in touch with Today for your GST related services.
A company consultant can be important for a business during the GST registration process in Bangalore, or any other location in India, because they can provide expert guidance and assistance with the process.
GST registration can be complex and time-consuming, and a company consultant can help a business navigate the process and ensure that it is completed correctly. They can provide information and advice on the various requirements and procedures involved in GST registration, and help the business complete and file the necessary forms and documents.
In addition to assisting with the GST registration process, a company consultant can also provide ongoing support and guidance on GST compliance matters. This can be especially useful for businesses that are new to GST or have limited experience with the tax.
Overall, a company consultant can be a valuable resource for businesses in Bangalore or any other location in India during the GST registration process. They can provide expert guidance and assistance, helping businesses understand and comply with GST laws and regulations and operate more efficiently and effectively.