What is GST?
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Launched on July 1 2017, the Goods & Services Tax (GST) applies to all Indian service providers (including freelancers), traders and manufacturers. A variety of Central taxes like Service Tax, Excise Duty, CST and state taxes like Entertainment Tax, Luxury Tax, Octroi, VAT are absorbed in one tax – GST, implemented on 01.07.2017. GST is to be charged at every step of the supply chain, with full set-off benefits available. The procedure for GST is entirely online and requires no manual intervention
Every product goes through multiple stages along the supply chain, which includes the purchasing of raw materials, manufacturing, sale to the wholesaler, selling to the retailer and then the final sale to the consumer. Interestingly, GST will be levied on all of these 3 stages. Let’s say if a product is produced in West Bengal but is being consumed in Uttar Pradesh, the entire revenue will go to Uttar Pradesh.
Also, taxpayers with a turnover of less than Rs.1.5 crore can choose composition scheme to get rid of tedious GST formalities and pay GST at a fixed rate of turnover.
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Types of GST
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India has a Dual GST Model. Under this tax maybe levied simultaneously by both Central and State governments on certain taxable supplies. Such as on inter-state supplies, tax is levied by Central Government.
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Features | Central GST – CGST | State GST – SGST | Integrated GST – IGST |
Applicability | Supplies inside a state | Supplies inside a state | Interstate supplies and import |
Input Tax Credit | Against CGST and IGST | Against SGST and IGST | Against CGST, SGST, and IGST |
Tax Revenue Sharing | Central Government | State Government | Shared between State and Central governments |
Tax Levied By | Central Government on Intra-State supplies of Goods and/or Services | State Government, on Intra-State supplies | Central Government, on Inter-State supplies |
Free Supplies | Applicable | Applicable | Applicable |
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Document Requirements for GST Registration
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GST Registration is a PAN based registration which is done online and for one PAN multiple GST registration can be obtained based on the location or business vertical. The registration must be applied within 30 days of, the coverage and to apply the same soft copy of documents are required. Following is the list of documents required for GST registration in India.

Who Need to Get GST Registration?
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Businesses are required to register for GST if they fall into one of the following criteria.
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Aggregate Turnover
Inter-state business
E-commerce platform
Casual taxable persons
Voluntary registration
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What Types of GST Registration?
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The types of GST registration varies depending on the kind of business undertaken and the supply location of goods or services.
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How Much I Need to Pay for GST Registration?
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The Cost of GST Registration / License a would vary from INR 1199/- to INR 8555/- (GST Excluded) depending upon the plan you choose.
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Accounts
Free Trial
Projects
SSL
BASIC
Rs 1199/-
ONE TIME FEE
GST Registrations
X
X
X
STANDARD
Rs 3499/-
ONE TIME FEE
GST Registrations
Bank A/c Opening Documents
3 Month GST Return Filling
Accounting Software
PREMIUM
Rs 8555/-
ONE TIME FEE
GST Registrations
Bank A/c Opening Documents
1 Year GST Return Filling
Accounting Software