Any business offering sale of goods with annual turn over of 40 lacs or service with annual
turn over of 20 lacs would require the registration for GST and have a valid GST Number.
We help you get a Secure GST Identification Number.
We make it easy for you to get your GST from the comfort of your own home.
We will file your returns and complete all other compliances as and when required.
The Goods and Services Tax seeks to diminish the number of indirect taxes and unify the Indian market. In every tax system, registration is the most important prerequisite for taxpayer recognition and for ensuring fiscal compliance in the economy. GST Registration of a business entity to comply with the GST law means obtaining a unique identity number for two purposes. They are to collect tax on the government’s behalf and to keep hold of the Input tax credit for taxes on all inward supplies. The unique number is obtained from the concerned tax authorities. Not having a registration means a person cannot collect taxes from his customers. It also means they can’t claim any input tax credit on the tax amount which they paid to the government. Let us learn more about the importance and process involved in GST registration in Karnataka.
In any tax system, the registration process is the most essential. Below is the checklist eligibility for people who can apply for GST registration.
All companies that buy or sell goods or services should register for GST. However, GST registration is compulsory for the people mentioned below.
These businesses shall also execute online GST registration in Karnataka. The GST registration fees in Karnataka is different from that of the other states.
The businesses shall access their Karnataka GST rules and the Karnataka GST code through the portal for online GST registration in Karnataka. The Karnataka GST state code is unique and does not resemble that of the other states.
Depending on the different types of business, different sets of documents are required during the GST registration process.
When required one can update these details later through the GST Karnataka online GST portal.
Once the documents are submitted, the registration process is commenced. The applicant is then provided with a GSTIN number which is a combination of their PAN, Karnataka GST code, etc.
The Karnataka GST state code is KA and its TIN is 29.
Vakilsearch is India’s largest professional platform of lawyers, chartered accountants, and company secretaries-with years of experience behind. We execute legal work for over 1000 companies and LLPs every month, by leveraging our tech capabilities, and the expertise of our team of legal professionals.
We make your interaction with the government as smooth as possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
With a team of over 300 experienced business advisors and legal professionals, you are just a phone call away from the best in legal services.
We provide access to reliable professionals and coordinate with them to fulfil all your legal requirements. You can also track the progress on our online platform, at all times.
By handling all the paperwork, we ensure a seamless interactive process with the government. We provide clarity on the incorporation process to set realistic expectations.