Online GST Registration in India | Fast & Hassle-Free Approval

GST Registration: A Comprehensive Guide

GST registration is a critical requirement for businesses operating in India. If your business turnover exceeds the prescribed limit or falls within specified categories, it is mandatory to register for GST. At YKG Global, we simplify the process of obtaining a GSTIN number for businesses, ensuring a hassle-free experience when you apply for GST online.

Who Needs to Register for GST?

1. Businesses with an annual aggregate turnover exceeding Rs. 40 lakh (Rs. 20 lakh for special category states).
2. Service providers with an annual turnover above Rs. 20 lakh (Rs. 10 lakh for special category states).
3. Interstate suppliers, e-commerce operators, agents, and non-resident taxpayers must also apply for GST.

Threshold Limits for GST Registration

1. For Service Providers: Businesses with an aggregate turnover exceeding Rs. 20 lakh annually (Rs. 10 lakh for special category states) must undergo GST number registration.
2. For Goods Suppliers: A turnover above Rs. 40 lakh makes it essential to apply for GST online.

Documents Required for GST Registration

The required documents vary depending on the business structure. Below is a quick overview:

For Sole Proprietor/Individual:

• PAN card
• Aadhaar card
• Photograph
• Bank details
• Address proof

For Partnership/LLP:

• PAN card of partners
• Partnership deed
• Address proof
• Photographs
• Bank details

For HUF:

• PAN of HUF and Karta
• Photograph
• Bank details
• Address proof

For Companies (Public, Private, Indian, Foreign):

• PAN of the company
• Certificate of incorporation
• Memorandum/Articles of Association
• PAN and Aadhaar of directors
• Bank details

Ensure these documents are ready when you begin your GST number registration process.

Penalties for Non-Compliance

1. Failure to Pay GST: A penalty of 10% of the tax payable is levied.
2. Wilful Evasion: A penalty equal to 100% of the unpaid tax amount is imposed.

Avoid penalties by ensuring timely GST registration and compliance.

Benefits of GST Registration

1. Legality and Compliance: Avoid penalties by registering and staying compliant.
2. Input Tax Credit: Avail tax credits on paid GST.
3. Seamless Inter-State Trade: Conduct inter-state trade without restrictions.
4. Competitive Edge: Build trust with clients through proper compliance.
5. Improved Cash Flow: Efficient tax flow ensures healthy business finances.

Expert Assistance to Apply for GST

At YKG Global, we make GST number registration simple, fast, and stress-free. Whether you're registering for the first time or need guidance to apply for GST, our team is here to assist you. With transparent GST registration charges, we ensure your journey to tax compliance is smooth.

Contact us today to register for GST and unlock the advantages of being a tax-compliant business.