n the transparent and techno-driven GST system complying with the rules is mandatory. As per the GST rule, any business whose annual turnover is more than the prescribed limit is required to obtain a GST Identification Number, which is a 15 digit alpha-numeric, PAN-Based and State Specific unique number.
Here in this context, it is good to know that the prescribed annual turnover has been categorized into two groups of different Indian states.
What is in this Package?
Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
Businesses with turnover above the threshold limit of Rs. 40 Lakhs* (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.) Businesses with turnover above the threshold limit of Rs. 40 Lakhs* (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand) Casual taxable person / Non-Resident taxable person Agents of a supplier & Input service distributor Those paying tax under the reverse charge mechanism Person who supplies via e-commerce aggregator Every e-commerce aggregator Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
Proof of business registration or Incorporation certificate
Identity and Address proof of Promoters/Director with Photographs
Purchase of plan
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Vadvis Expert Alloted
What is GSTIN?
All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN.
When should a business apply for multiple GST registrations?
If a business operates from more than one state, then a separate GST registration is required for each state. For instance, if a sweet vendor sells in Karnataka and Tamil Nadu, he has to apply for separate GST registration in Karnataka and TN respectively.
A business with multiple business verticals in a state may obtain a separate registration for each business vertical