GST Registration Online: SuperCA

GST was introduced by the government as a single tax for the entire country in order to simplify the Indirect Tax System. At present, GST serves as the foundation for all tax lines, including Central Excise, Service Tax, VAT etc. With the motive of “One Nation One Tax”, this tax provision made the compliance procedure more transparent, seamless, and intuitive. As we talk about being GST compliant, one of the most important aspects is the timely filing of online GST returns . These returns are filed to pay taxes as well as to provide data to the government relating to the transactions made by the business during the period under consideration. Once you file GST returns, you will need to pay the resulting tax liability i.e. money that you owe the government All the Registered individuals have to get their online GST Return filing done irrespective of the type of business or turnover or profitability during the return filing period. Under the GST Regime, even a dormant business in In...

Online GST Registration   is a process for applying for a unique GSTIN from the GST Portal. It requires no manual intervention or no physical paper submissions. A very simple online procedure has been prescribed for this. GSTIN is required by every registered taxpayer in order to collect and pay GST on the outward supplies i.e. sales and for claiming ITC on the inward supplies i.e. purchases. The registration process is usually finished within 4 to 6 working days and a 15-digit GSTIN (GST identification number) and a certificate of registration are allocated by the GST department. Benefits of having Online GST registration ➢ Less compliance The number of separate compliances is lesser now with GST. Under the previous tax regime, businesses had to file multiple returns accorded with different indirect taxes – VAT, excise, and service tax. As GST is a unified and singular tax regime, the number of filings has come down, making it less hassle for entities to file a return. ➢ Eliminate...

As per the GST Act, monthly returns and one annual return need to be filed by a regular taxpayer. There are separate returns for a taxpayer registered under the composition scheme, non-resident taxpayers, taxpayers registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS), and UID holders. It is important to note that a taxpayer isn't required to file all the types of returns. They are required to file returns depending on the activities they undertake. GST Return is a form that shall be filed by every registered taxable person. Furnishing GST Returns timely helps the GST authorities carry out taxpayer assessments. Also, business owners need to maintain records systematically to further simplify the online GST return filing process. A business or the taxpayer while online GST return filing requires details of the following for a specified period of time- -  The total sales -  The total purchases -  The output GST or the...

According to the rules, every person (including company, LLP etc) has to register under GST if the total turnover crosses Rs.20 lakh (Rs 10 lakhs for special category states present in hill states and North-Eastern states). Hence, if your turnover is more than 20 lakh or is going to be more than 20 lakh, then you should go for online GST registration . The registration process is completely online, hence no manual intervention or physical paper submissions is required. The online process is as simple as it may sound. It is normally completed within 4-6 working days and the supplier is allotted a 15-digit GSTIN (GST identification number) and a certificate of registration by the GST department. If the organizations fulfilling the eligibility criteria carry on business without registering with GST, it will be an offence under GST and heavy penalties will apply. GST Registration Fee For GST registration in India, there is no government fee. Anyone can get the GST registration  ...