GST Advisory Services - Overview
Pattayar provide a host of GST advisory services such as covering the impact of GST on the business of clients, examining different market scenarios of business models, legislative business level implementation assistance, transition management and undertaking key compliance.
GST Registration is a process by which any business operations whose annual turnover exceeds Rs. 40 Lakh limit must register as a separate taxable person. The limit was 20 Lakhs for North Eastern states & Hill states. GST registration was established with a view to abolish several other indirect taxes and to create a single taxation system
GST Registration usually takes between 2 to 6 days working days. GST registration is mandatory for several businesses. If a business operates without GST registration, it will be considered as an offence under GST act. Heavy penalties will be laid in such situation
Benefits of GST registration
GST removes the cascading effect of tax
Higher threshold for registration
Composition scheme for small businesses
Number of compliance is less
Defined treatment for E-commerce operators
Improved efficiency
Unorganized sectors is regulated under GST
Documents Required For Registration
- PAN Card of the applicant
- Aadhar card of the applicant
- Incorporation Certificate
- Identity proof of Directors with Photographs
- Address Proof of Directors with photographs
- Bank Account Statement
- Digital Signature
- Letter of Authorization
Process To Register
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Experts from team Pattayar will take care of your GST Advisory Services . Pattayar team will help you on the applicability and compliances under GST for your business and Get your business best GST advisory services . We provide a host of GST advisory services such as covering the impact of GST on the business of clients, examining different market scenarios of business models, legislative business level implementation assistance, transition management and undertaking key compliance
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