GST Registration in Nungambakkam - Filingpoint


Welcome to Filingpoint Online GST Registration Expert +91 72999 72500

GST (Goods and Service Tax) is a single indirect tax which replaced multiple taxes in India. The new regime has simplified the way business operates in India and it has brought accountability and regulation to the organized sector. It is expected to reshape the country's economy and is set to change the way we live. Having GST registration will give you the benefits of claiming input tax credit, easier compliance and seamless interstate trade.

You need to register for GST if your annual turnover is more than 20 lakh rupees. Earlier, the threshold limit was 10 lakh rupees. Getting registered under GST will provide you with a unique GSTIN which is an alphanumeric code consisting of 15 digits. This code shows your state code, PAN number of the entity registering under GST, the date of registration & a unique registration number. If you are a proprietorship, partnership, LLP or company then the PAN of that entity should be used for GST registration. Foreigners, non-residents, trusts and other legal entities must use their Aadhaar number for GST registration.

If you have already obtained VAT/CST registration then it's easy to transition into GST as the procedures are similar. Once you get a GSTIN, it will be valid for all the states in which you operate. You have to file monthly & annual returns correctly on time to avoid interest & late fees. Our Virtual Account Manager will assist you with filing the returns & will guide you with any Tax rules & laws related queries you may have.

Contact Filingpoint GST Registration Expert +91 72999 72500

 

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