According to GST Rules, is mandatory for a business that has a turnover of above Rs. 40 lakh to register as a normal taxable entity. This is referred to as an important aspect of the GST registration process. But for most of the regions in India, the GST Registration is different. When you get the well-reputed and trusted GST Registration in Jaipur then there are many perspectives that you shall keep in mind. Like in hill stations and Northern-Eastern states the business who’s turnover is Rs.10 lakh. And within 6 working days, the GST Registration can be done.

So, the GST registration can be easily be filled out on the online GST portal. Business owners can fill out a form on the GST portal and submit the necessary related documents for registration. Every type of business needs to complete the GST registration process.

 

What do you understand by GST Registration?

Registration of any type of business entity under the GST law says that obtaining a unique identification number from the concerned tax authorities as to take tax as on behalf of the Central Government of India. As to avail the Input tax credit for the taxes on his inward supplies. The GSTIN helps to determine whether a business is liable to pay GST or not.

 

Who all are eligible to register under GST? 

GST Registration must be completed by the following individuals and businesses:

  • Individuals who have registered under the tax-related services before the GST law came into effect.
  • Non-Resident Taxable Person and Casual Taxable Person
  • Individuals who pay tax under the reverse charge of the mechanism
  • All eCommerce aggregators
  • GST Registration Service in Jaipur (India) will help to apply with utmost precision
  • Every region of India has some regulations related to GST Registration in Jaipur

 

Like in the case of Uttarakhand, Jammu & Kashmir, Himachal Pradesh, and North-eastern states should exceed Rs.10 lakh.

  • Individuals who supply goods through an eCommerce aggregator
  • Input service distributors and agents of a supplier
  • Individuals provide database access and online information from outside India to people who live in India like other than those who are registered, taxable persons.

 

Types of GST Registration 

According to the GST Consultant in Jaipur, you will get to know that under GST Act, there are many types of GST Registration. And should be aware before selecting the appropriate one. The different types of GST Registration are listed below:

 

Casual Taxable Person 

Individuals who wish to set up a seasonal shop or stall can opt for this category. You must deposit an advance amount that is equal to the expected GST liability during the time the stall or seasonal is operational.

The duration of the GST registration under this category is 3 months, and it can be easily extended and even renewed.

 

Normal Taxpayer

Most businesses in India fall under this category. You need not provide any deposit to become a normal taxpayer. Also, there are no taxpayers who fall into this category.

 

Non-Resident Taxable Person

If you live outside India, but supply goods to individuals who stay in India, opt for this type of GST Registration. As similar to the Casual Taxable Person type, you must pay a deposit equal to the expected GST liability during the time the GST Registration is active. And the duration for this is usually 3 months. Also the same can be extended or say renewed too.

 

Composition Taxpayer 

Apply for this if you wish to obtain the GST Composition Scheme. As it became mandatory to deposit a flat under this category. The Input tax credit cannot be obtained in this as accord to the GST Registration Service in Jaipur.

 

Note: 

Accordingly, it is a criminal offense to carry out operations without registering for GST, and heavy penalties are levied for non-registration.

Do not worry just hire the Best GST Registration Consultants Jaipur like Alonika for hassle-free management related to both financial and legal services.