GST Registration in Kolkata
Starting @ ₹2999/-

GST registration is a landmark tax reform, which brings a revolution in tax on goods and services. Goods & Services Act 2017 replaced the old tax named as Value Added Tax (VAT) with new features and simplification in the returning process. Goods and Services Tax in India was first suggested and came into a point of discussion in India by the late prime minister of India by Sri Atal Bihari Bajpayee. After so many discussion and analysis for a period over a decade, the government of India finally introduce and implement the GST act in 2017.

Aggregate turnover under the act includes all taxable supplies, exempt supplies, Zero-rated supplies, interstate supplies, but doesn’t include the inward taxable supplies under the Reverse Charge Mechanism.  Process of GST registration is much simpler and electronically supported. That is a major advantage for GST registration process and filing. GST or goods and services act came into use from July 2017, by replacing a number of old taxes. At the same time, the government of India introduced four types of GST bill for GST registration including central GST, Integrated GST, GST bill of Union Territories and GST bill. This tax was implemented and enacted with the aim to collect tax on behalf of the government and to avail Input Tax Credit (ITC) for the taxes on his inward supplies. The act mandates that every person who has an aggregate turnover of your than Rs 20 lakhs in the relevant financial year.

GST registration process is completely web-based. GST registration means all in one tax, i.e. so many previous taxes have included in GST like VAT, CST, Luxury tax, Excise Duty and so on. There are so many state taxes and central taxes which has gone away with the implementation of GST.

ADVANTAGES OF GST:

• GST Registration eliminates and eradicates the piling effect of the tax.
• Simple and online GST Registration process.
• GST registration for normal taxpayers and GST registration under composition scheme for small businesses help the unorganised sectors.
• The number of compliances under GST registration is lesser than the previous tax structure.
• Through the introduction of the E-way bill through the GST registration portal, improves efficiency in logistics.
• GST registration certificate and return copy can be obtained through GST portal by downloading the document as many time required.
• GST is a comprehensive indirect tax built to bring the total indirect taxes under one umbrella, hence reduces the total tax burden.

GST registration portal is a one-stop solution for any kind of return filing, document generation, challan preparation and online payment, grievances redressal mechanism and new notification and news. For that reason, it is most helpful for the GST practitioner and small taxpayers. GST identification number (GSTIN) is a 15 digit number and a certificate of registration, incorporating the GSTIN is made available to the applicant upon registration.