GST Registration

GST Registration

GST registration will help you for getting your business recognized as a legal registrant but also opens a number of opportunities for your business.

 

Become more competitive – You will be more competitive in comparison to your unregistered competitors since you will carry valid tax registration.

 

You Can Expand your business Online – Without GST You cannot sell products or services on e-commerce platform without GST registration. If you’re planning to give a blow on e-commerce platform like Flipkart, Amazon, Paytm, or through your own website, you must need a GSTIN.

 

You Can take input tax credit – Only Registered GST holders can avail input of GST tax paid on their purchases and save the cost.

 

Can sell all over India without any restrictions – Without having GSTIN you cannot trade inter-state. This is possible only if you registered your business under GST.

 

For Applying Government Tenders – Various government tenders requires GSTIN to apply tender. If you don’t have you may miss the business opportunity.

 

Open Current Bank Account – Especially, in case of sole proprietor business Banks & Financial Institution does not open a current bank account in the name of business trade name unless you carry any government proof in the name of your business. GST registration certificate can help you to open a current bank account.

 

Dealing with MNCs – Generally, MNC’s does not comfortable to deal with small business entities until they carry valid tax registration proof.

Documents Required for GST Registration

  • PAN of the GST registration Applicant
  • Proof of Business Registration or Incorporation Certification
  • Identity & Address proof of Promoters with photographs
  • Address Proof for the place of Business
  • Bank Account Statement Showing Name, Address & A few transactions
  • Class 2 Digital Signature for the Authorised Signatory