GST Registration in Bangalore – A Comprehensive Guide PowerPoint PPT Presentation

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Title: GST Registration in Bangalore – A Comprehensive Guide


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GST REGISTRATION IN BANGALORE
A COMPREHENSIVE GUIDE
Get Started
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Introduction to GST
  • What is GST?

Goods and Services Tax (GST) is an indirect tax
levied on the supply of goods and services in
India.
  • Objective

To create a unified tax system across India.
  • GST Registration

Learn More
Mandatory for businesses exceeding the turnover
threshold.
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Who Needs GST Registration?
  • Businesses with turnover exceeding ?40 lakh (?20
    lakh for special category states).
  • E-commerce operators and aggregators.
  • Inter-state suppliers of goods and services.
  • Casual taxable persons and non-resident taxable
    persons.
  • Input service distributors and TDS deductors.

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Benefits of GST Registration
  • Legal recognition as a supplier of
    goods/services.
  • Eligibility to collect GST from customers.
  • Input Tax Credit (ITC) availability.
  • Compliance with the law, avoiding penalties.
  • Enhanced business credibility.

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Documents Required for GST Registration
  • PAN card of the business/individual.
  • Aadhaar card of the applicant.
  • Proof of business registration (Incorporation
    Certificate, Partnership Deed, etc.).
  • Address proof of the business place.
  • Bank account details (cancelled cheque or
    statement).
  • Digital signature (for companies and LLPs).

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Steps for GST Registration in Bangalore
  • Visit the GST portal (www.gst.gov.in).
  • Fill Part-A of the GST REG-01 form.
  • Verify details via OTP on email and mobile.
  • Fill Part-B of the form and upload required
    documents.
  • Submit the application and note the ARN
    (Application Reference Number).
  • Track the application status using ARN.
  • Receive GSTIN upon approval.

First Month
Second Month
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Penalties for Non-Compliance
  • Late fees ?100 per day (?50 CGST ?50 SGST).
  • Maximum late fee ?5,000.
  • Penalty for non-registration 10 of tax due or
    ?10,000 (whichever is higher).

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Why Choose Professional Help?
  • Expert guidance for error-free registration.
  • Timely submission of documents and forms.
  • Assistance with compliance post-registration.
  • Saves time and effort.

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THANK YOU!
For more information, visit Website
https//www.chhotacfo.com/blog/gst-registration-in
-bangalore/ Email info_at_chhotacfo.com Phone
91-97397 36999
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