Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax levied on every value addition. Registering under GST is mandatory for businesses and individuals who meet specific turnover thresholds or operate in particular sectors. At Ractax, we specialize in making the GST registration process simple, accurate, and efficient, ensuring your business remains compliant with all legal requirements.
Why Choose Ractax for GST Registration?
1. End-to-End Assistance: Our team handles the entire GST registration process, from document preparation to application submission and follow-up. We ensure a hassle-free experience with minimum effort on your part.
2. Expert Consultation: Ractax’s professionals are well-versed in GST rules and regulations. We provide clear guidance on the requirements, ensuring that your business is registered correctly and promptly.
3. Quick Turnaround Time: With a streamlined approach, we aim to get your GST registration completed as quickly as possible, so you can start conducting business without unnecessary delays.
4. Accurate Documentation: Ensuring the accuracy of your application and documents is our priority. Our team thoroughly reviews all details to minimize errors and prevent rejections.
5. Ongoing Support: After your GST registration is complete, Ractax provides ongoing support for any updates, changes, or clarifications related to your GST account.
Who Needs to Register for GST?
– Businesses with an annual turnover exceeding ₹20 lakhs (₹10 lakhs for specific states).
– E-commerce operators and online sellers.
– Individuals and businesses engaged in inter-state taxable supplies.
– Service providers and suppliers who need to comply with the Reverse Charge Mechanism (RCM).
Documents Required for GST Registration
- – PAN Card of the business or applicant.
– Proof of business registration or incorporation certificate.
– Identity and address proof of promoters or directors.
– Business address proof.
– Bank account statement or a canceled cheque.
How Does GST Registration Benefit Your Business?
Legal Compliance: GST registration is essential for legally conducting business, collecting, and remitting GST.
Input Tax Credit: Registered businesses can claim Input Tax Credit (ITC) on their purchases, reducing their overall tax liability.
Increased Market Reach: GST registration enables inter-state sales without additional taxes, expanding your business reach across India.
Enhanced Credibility: GST registration establishes your business as a credible entity, increasing trust among customers and partners.
GST Registration Process with Ractax
1. Consultation: Discuss your requirements with our experts.
2. Documentation: Submit the necessary documents, which our team will review.
3. Application Submission: Ractax files your application on the GST portal.
4. Tracking and Follow-Up: We monitor your application status and manage any queries from the GST department.
5. GSTIN Issuance: Upon approval, you’ll receive your unique GST Identification Number (GSTIN) to start conducting business.
Partner with Ractax for a seamless GST registration experience. Reach out today to simplify your business’s GST compliance journey.