Best GST Registration Services in Chennai
The Goods and Services Tax (GST) is an indirect tax system applied to goods and services in India. Implemented on July 1st, 2017, the GST law is a comprehensive, multi-stage, destination-based tax that is imposed on every value addition. In simple terms, it is an indirect tax levied on the supply of goods and services and replaces the previous tax system.
Under the new GST system, all parties involved in buying, selling, or providing goods or services must register for GST. Failure to do so could result in the inability to collect GST from a client, claim a GST input tax credit, or even penalties. Additionally, registration under GST is mandatory once an entity crosses the minimum turnover threshold or starts a business expected to surpass the recommended turnover.
Our GST Registration Procedure
While the GST registration process is straightforward, it is advisable to seek the assistance of a professional. Goodwill India Enterprises has extensive experience in GST registration services in Chennai, having successfully registered thousands of businesses throughout Tamil Nadu.
What are the GST tax slabs?
There are three main tax slabs:
- Basic necessities products or services are exempt from tax.
- Frozen vegetables and fruits, branded wheat and rice, etc., are taxed at a rate of 5%.
- Products such as biscuits, man-made fiber, hair oil, soap, toothpaste, etc., are taxed at a rate of 18%
- Luxury items such as TV, AC, cars, tobacco products, cement, etc., are taxed at a rate of 28%.
Resolve the Queries
Delivery of Certificate
Following several rounds of follow-ups with the authorities, the approval will be granted, and a digital copy of the certificate will be sent via email.
Follow up
After addressing all the queries raised by the authorities, it is necessary to regularly follow up with them to obtain approval.
GST Consultants in Chennai
Are you Looking for the best GST consultants in Chennai, Tamilnadu? Goodwill India Enterprises is the perfect solution to get your filings make easy !!
Necessary Documents For Online GST Registration in Chennai
The following is the list of documents required for GST registration for various businesses:
- Proprietorship
- PAN Card of proprietor
- Address proof of proprietor
- LLP
- PAN Card of LLP
- LLP Agreement
- Partners’ names and address proof
- Private Limited Company
- Certificate of Incorporation
- PAN Card of Company
- Articles of Association, AOA
- Memorandum of Association, MOA
- Resolution signed by board members
- Identity and address proof of directors
- Digital Signature
Proof of address of a Director/CEO (It Can Be Any One)
- Passport
- Voter Identity Card
- Aadhar Card
- Ration Card
- Telephone or Electricity Bill
- Driving License
- Bank Account Statement
Resolve the Queries
After submitting the application, the government department may raise some queries that need to be addressed.
Apply for Registration
All supporting documents must be submitted along with the GST application to the relevant authorities.
Cost
of Work
The services or persons making a turnover of more than Rs. 20 lakhs per annum are applicable and need to pay GST based on their tax rate.
The business related to goods, manufacturers, and wholesalers is applicable for goods taxes in GST. A company acquiring a turnover of Rs. 40 lakhs per annum is eligible for GST registration and pays tax under GST.
GST or Goods and Services taxes have four components central Goods and services taxes (CGST), State goods and Services taxes (SGST), Union Territory Goods and Services Taxes (UGST), and Integrated Goods and Services Taxes (IGST). These are the components of GST.
Get your business GST registration without any hassle
Call expert
+91 9884958859 +91 9884490550
Write email
goodsandservicestaxs@gmail.com
Visit office
New No.1/1, Old No.3/28, Ganesh Nagar 2nd Street, Alapakkam, Porur Chennai, Tamil Nadu 600116
