Ideal for entrepreneur who have alone started a venture
GST Return Filing Charges Starts From Rs 500/-
@ Rs. 6,999/Yr
A Single GST Return Filing carrying transaction up to 20 during the relevant period.
*Half-Yearly Price @ Rs.3,999.
*Quarterly Price @ Rs. 2200
@ Rs. 11,999/Yr
A Single GST Return Filing carrying transaction up to 100 during the relevant period & GST E-Waybill Guide.
* Half-Yearly Price @ Rs. 6,499.
*Quarterly Price @ Rs.3499
@ Rs. 17,999/Yr
Unlimited transactions & E-Waybill guide . GST Billing cloud software for 1 Year subscription.10% discount on other services.
*Half-Yearly Price @ Rs. 9,499.
*Quarterly Price @ Rs.4999
The Goods and Services Tax(GST) council headed by Union Finance Minister Arun Jaitley finalized tax rates for all services,expect lottery.Also healthcare,education already exempted from tax.
The multiplicative of tax rates for services will add complexity to the compliance in the GST regime.
The GST council broadly approved GST rates for goods at nil rate,5%,12%,18% and 28% on certain goods.
NIL RATES
#GOODS-No tax will be imposed on items like jute,fresh meat,milk,butter milk,natural honey,fresh fruits and vegetables, etc.
#SERVICES- Hotels and lodges with tariff below rs1000,grandfathering services has been exempted under GST.
5% RATES
#GOODS-Packed food items,footwear below 500,cream,branded paneer, frozen vegetables,pizza bread,rusk,kerosene,coal,medicines.
#SERVICES- Transport services(Railways,air transport),small restaurants.
12% RATES
#GOODS-Apparel above rs1000,frozen meat products,butter,cheese,ghee,Ayurvedic medicine,tooth powder,coloring books,cellphone etc
#SERVICES- Non AC hotels,business class air tickets,fertilizer,work contracts
18% RATES
#GOODS-Footwear costing more than rs 500,bidi,biscuits,flavored refined sugar,pasta,cornflakes,James,instant food mixes,mineral water tissues,envelopes,tampons,note books,steel products,camera,speakers.
#SERVICES- AC hotels,telecom services,IT services
28% RATES
#GOODS-Bidis,chewing gum,molasses,chocolate not containing cocoa,waffle, pan masala,paints,deodorants,shaving creams,hair shampoo,dye,sunscreen,weighing machines,washing machines,ATM,vacuum cleaner,automobiles,motorcycles,aircraft for personal use.
#SERVICES- 5-Star hotels,race club betting,cinema.
GST registration is the process of obtaining a unique GSTIN under the Goods and Services Tax Network to legally collect and pay Goods and Services Tax.
Businesses with turnover above ₹40 lakh (₹20 lakh for services) and those involved in interstate supply must register for GST.
Yes, if the turnover exceeds the prescribed limit or if the business falls under mandatory categories.
Common documents include:
You can apply through the official GST portal by filling out the application form and uploading required documents.
The process includes:
GST registration is free on the government portal. However, professional fees may apply if you hire a consultant.
It usually takes 3 to 7 working days after successful verification.
GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit number assigned to registered taxpayers.
No, GST registration requires a business activity or intention to supply goods/services.
Yes, e-commerce sellers must obtain GST registration regardless of turnover.
Yes, you can apply for GST cancellation through the GST portal.
Businesses below the threshold can voluntarily register to avail input tax credit and build credibility.
You may face penalties, fines, and legal consequences.
Yes, if their turnover exceeds the prescribed limit or they provide interstate services.
It is a simplified scheme for small taxpayers with lower tax rates and reduced compliance.
Yes, if you operate in multiple states, you need separate GST registrations.
You can track your application status using the ARN on the GST portal.
ARN (Application Reference Number) is generated after submitting your GST application.
Yes, bank account details are mandatory for GST registration.
Yes, Aadhaar authentication is required for faster approval.
Yes, you can amend your GST details online through the GST portal.
Penalties include fines, interest, and possible cancellation of registration.
It ensures legal compliance, allows input tax credit, and enhances business credibility.