GST Registration In Gujarat
Are you looking for Goods and Services Tax (GST) registration? Aeldra Consultancy is the best GST registration consultant in Gujarat, India. When your business's taxable turnover exceeds the basic exemption limit, it becomes mandatory to obtain GST registration. There are two acts governing the Goods and Service Tax regime: the State Act (SGST/UGST) and the Central Act (CGST). Hence, both the State and Central departments regularly update their guidelines and rules.
Earlier, the GST exemption limit was Rs 20 lakhs for all businesses and services. However, with the latest amendment, businesses with an annual turnover of up to Rs 40 lakhs are now exempted from GST. Additionally, those with a turnover of up to Rs 1.5 crore can choose the Composition Scheme and pay only 1% tax. It's important to note that for services, the exemption limit remains at 20 lakhs. Moreover, service providers with turnovers up to 50 lakhs can opt for the composition scheme for services and pay only 6% tax. For more information on GST Registration in Gujarat, please contact us.
Need and Advantages of GST Registration:
- Legitimacy and trustworthiness for business
- Capability to gather and assert input tax credits (ITC)
- Qualification for specific government schemes and benefits
- Streamlined tax compliance
- Enhanced competitiveness in the market.
- Access to a broader customer base
What are the Document required for GST Registration?
- PAN Card [Individual/Partner/Director]
- Aadhar Card [Individual/Partner/Director]
- Passport Size Photograph [Individual/Partner/Director]
- Business Address Proof [Rental Agreement, Electricity Bill]
- Mobile Number and Email Address
- Authorized Signatory (for Partnership firm, Company, LLP)
- Proposed Business Name
- Proposed Business Activity
You can Feel free to reach out to us for additional details regarding your GST Registrations or for assistance with any intricate questions. Easily connect with our team of experts by giving us a call at +91 9409810715 or mail us your query at contact@aeldraconsultancy.in. If you are specifically looking for GST Registration in Gujarat, we are here to help!
