Title: GST Registration Online in India - Comply Partner
1www.complypartner.com
Govisory Services Pvt. Ltd.
2Concept To AvoidMultiple Tax
- As there used to be so many taxes imposed by
Central and state government which was ultimately
creating burden onto the pockets of customers so
the Government came with the concept of GST And
the following effect started reducing and a
relief was provided to the customers.
CENTRAL TAXES STATE TAXES
Excise Duty VAT
Additional Excise Duty CST
Service Tax Purchase Tax
Counter Veiling Duty Entry Tax
And Many More And Many More
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3Applicability Of GST
- It is applicable to the persons who are doing
supply of Goods and Services whether within State
or Inter state. - However the levy of taxes is differ in both the
cases. - If it being done in own state then it attracts
CGST SGST, If it is done in inter state then
itll attract IGST i.e. Integrated Goods
Service Tax.
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4Supply Of Goods Services
Supply of Goods Services
Intra State
Inter State
IGST
CGST
SGST
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5How We Are Benefitted From GST Process
- Whenever well make a purchase it will arise now
two things - Cost to pay
- GST
- So For Example
- A has made a purchase of INR 1010 GST so itll
overall cost to him INR11 and to government the
amount he needs to pay INR1 as GST.
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6All The Companies Can Avail The Benefit?
- The Scheme is applicable on all active companies
which is a defaulting company, i.e. the
companies which have any documents which are
pending for filing on any given date. -
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7When RegistrationIs Required
Why Registration?
- For Legal Recognition
- To avail the benefit of tax Credit
- Accounting of Taxes
- Reduction in Multiple Taxes
- Mitigating Double Taxation
- Uniform Tax Rate
- Reduction in compliance cost Less record keeping
- Annual Turnover gt 20 Lakhs For Arunachal Pradesh,
Assam, Himachal Pradesh, JK, Manipur,
Meghalaya, Mizoram, Nagaland, Sikkim, Tripura
Uttarakhand - Annual Turnover gt 40 Lakhs For all other states
and Union Territory
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8Features Of GST Registration
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9What Is Composition Scheme
Who Can Opt Composition Scheme
- Whose Turnover does not exceed 50 Lakhs annually
- Only for Goods Manufacturers in selective cases
- No interstate supply
- No Input tax credit
- No E-Commerce operators or service providers
- Scheme for Small businessman
- Annual Turnover /lt 50 Lakhs
- Then GST will be 2.5 for Manufacturers and 1
in other case
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10Documents Required
- Business details
- PAN of the entity
- Registration Certificate
- Partnership Deed
- Promoters or Partners Details
- Photograph for each
- Authorised Signatory Details
- Proof of Appointment
- Photo
- Principal Additional Place of Business
- Address Proof
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11GST Registration
- All entities which carry out function of selling
and purchasing of goods and services have to get
registered for GST after crossing of threshold
limit as decided, GST registration is required
primarily if turnover is more than ? 20 Lakh. It
can also be taken voluntarily.
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12Why Choose Us?
Comply Partner aspire to be a One Stop Solution
for startups, SMEs and large Business
Organizations, willing to solve all their legal,
regulatory, and technological queries. We are
dedicated to deliver the most reliable services
to our elite clientele and assist them throughout
their Business journey.
Quality Timely Delivery
Competitive Pricing
Proactive Customer Support
Technology Enabled And User Friendly
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13Company Profile
Comply Partner started not as an organization but
as an eccentric idea of managing finance and
technology under the same roof. It was the vivid
imagination and dedication of our team which led
us to develop a crazy idea into a unique
business. This magnificent team comprises of
Chartered Accountants (CA), Company Secretary
(CS), Certified Public Accountant (CPA),
Chartered Financial Analyst (CFA), Managing
Consultants (MBAs from IIM) Engineers, Lawyers,
Bankers and IT professionals with years of
experience in their respective domains. When
these experts sit together, a wave of passion and
ambition for work arises which submerges Comply
Partner in the flood of excellence and perfection
allowing it to empower its business partners.
- At Comply Partner our sole aim is to make your
business prosper and for that we provide you with
all the assistance which encourages your business
growth. We provide services related to
Registrations, Accounting, Payroll, Legal,
Intellectual Property, Financing, Taxation,
Secretarial and other compliances. Additionally
we assist you in Technology Consultancy, Website,
Software and Application Development, and Digital
Marketing to strengthen your online presence. In
a nutshell, Comply Partner is a hub which is all
set to resolve all your business problems right
from the very beginning.
GSTIN 08AAGCG9142G1ZH
CIN U74999RJ2017PTC058520
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14 Our Clients
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15Thank YouCOMPLY PARTNERGovisory Services Pvt.
Ltd.
- 91-9828867167
- info_at_complypartner.com
WWW.COMPLYPARTNER.COM
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