GST (Goods and Services Tax) registration is crucial for businesses operating in India, as it provides a unique identification number that allows them to collect GST from customers and claim input tax credit on purchases. This registration is mandatory for businesses with an annual turnover exceeding the threshold limit set by the government. Registering for GST enhances business credibility, compliance, and eligibility for various government schemes and benefits.
Legal Recognition: Provides legal identity to the business, allowing it to operate within the regulatory framework.
Input Tax Credit: Businesses can claim input tax credit on purchases, reducing the overall tax burden.
Increased Credibility: Enhances the business's credibility with customers, suppliers, and financial institutions.
Interstate Operations: Enables businesses to conduct interstate trade without restrictions.
Compliance: Ensures compliance with tax laws, avoiding penalties and legal issues.
Government Schemes: Makes businesses eligible for various government schemes and subsidies.
Legal Penalties: Operating without GST registration can lead to hefty fines and legal penalties.
Limited Business Growth: Unregistered businesses may face challenges in expanding their operations, especially interstate.
Ineligibility for Input Tax Credit: Businesses cannot claim input tax credit, increasing their overall tax liability.
Reduced Credibility: Lack of GST registration can reduce trust among customers and partners.
Missed Opportunities: Ineligibility for government schemes and subsidies aimed at registered businesses.
PAN Card of the business or proprietor
Aadhar Card of the proprietor or partners
Proof of business registration (incorporation certificate or partnership deed)
Address proof of business premises (electricity bill, rent agreement, or property tax receipt)
Bank account statement or canceled cheque
Digital Signature Certificate (DSC) for authorized signatory
Photograph of the proprietor or partners
Authorization letter for authorized signatory
Contact numbers and email IDs linked with aadhar card
The filing process for GST registration typically takes approximately 10 days. However, the processing and approval time from the relevant government departments may vary based on their workload and specific requirements.
Price: ₹1,000 ₹2,500
Market Price - ₹2,500
Our price - ₹1,000 (60% discount for a limited time)
The average cost for GST registration services in Hyderabad, Telangana, is around ₹2,500. At our company, we offer these services at a 60% reduced rate, making it just ₹1,000. By choosing our service, you not only save money but also benefit from our expertise, personalized assistance, and faster processing times, ensuring a seamless and hassle-free registration experience.
GST registration is a one-time process, and there is no renewal required. Once your business is registered under GST, it remains valid as long as you comply with the ongoing compliance requirements set by the government.