GST Registration for Your Business

GST Registration Threshold for Businesses

– Any business engaged in the supply of goods whose turnover in a fiscal year exceeds 40 lakhs for states in the normal category that have opted for the new threshold must register for GST. – Any business engaged in the rendering of services or mixed supplies of goods & services whose turnover in a fiscal year exceeds 20 lakhs in normal category states  must register for GST.

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Two Important Advantages of GST Registration for Businesses

– GST has eliminated the cascading effect of ‘tax on tax’ on the sale of goods and services and has thereby reduced the intrinsic cost of items. – GST has transformed the indirect taxation regime into a technologically driven wonder whereas everything from registration, return filings, refund applications, and notice responses can be completed online.

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How Vakilsearch Can Assist in Obtaining GST Registration for Businesses?

– As a first and foremost step, you must get in touch with Vakilsearch. – Our team of professional GST specialist’s will then ensure that all your paperwork. – Our skilled legal team will then guide you through the GST registration process. – The Vakilsearch team will also help manage any difficulties in terms of compliance. – In fact, our professionals can even help you out post-registration by handling all of your return filings to keep you GST compliant.

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