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Goods And Services Tax (GST)Registration In Ajmer

Goods and Service Tax is an Indirect tax(ie,burden shift on the consumer at the end) in India. According to GST law it is mandatory to apply for GST registration when any business fulfill the criteria as prescribed in the law of GST.

GST Registration is kind of process through which a taxpayer get registered under GST act. When a business is registered successfully, a unique number for registration is given to the taxpayer which is known as the Goods and Services Tax Identification Number (GSTIN).

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Why We Select Ajmer For Registering Under Goods And Services Tax (GST) ?

A GST registration is not only the need but a mandatory provision at some point of time. Every year large numbers of visitors visit to Ajmer for many commercial and trade purposes. Ajmer is one of the oldest cities of the state of Rajasthan in India. Ajmer is located at the centre of state Rajasthan.

Lots of things which attracts the corporate sector offering the variety of business opportunities in Ajmer. Not even this, a businessman in Ajmer can easily avail the benefits of the geographical location because it situated in middle of Rajasthan. And now Ajmer is trying to become a fastest growing cities of the Rajasthan that all we need to in a city fir GST registration at all.

How Many Kind Of GST Registration Are available ?

Kind of GST registration available are as follows:

  • Compulsory RegistrationIn case when the dealer fall under the certain criteria as per GST Act then they must have to take Compulsory Registration under GST irrespective of the amount of turnover they have.
  • Voluntary RegistrationRegistration done on there solely decision not for completion with any GST Act requirements.
  • Registration under Composition SchemeA taxpayer whose turnover is below Rs 1.5 crore can opt out for Composition Scheme. In case of North-Eastern states and Himachal Pradesh, the limit is now Rs 75 lakhs.

What Are Documents Required For Complete The Legal Formalities In GST Registration In Ajmer ?

In order to complete the legal formalities for GST registration documents required are as follows:

  • All the people who are members they need to provide identity proof and photo id for verification.
  • PAN of company which is important and incorporation proof has to be given.
  • There must be a proof of the constitution of the company to ensure its existence, and these documents will be also verified.
  • Proof for the place of business (for this Rent agreement , ownership document are required and electricity bill is compulsory)
  • Bank account details are needed.
  • An authorization form which is signed by an authorized signatory is relevant to the GST registration process.
  • Digital Signature Certificate (DSC) is required

What Is The GST Registration Fees In Ajmer?

The government does not charge any fee for GST registration if the person register for GST online through the government portal (gst.gov.in)

How To Registered Under GST In Ajmer ?

  • 1

    Visiting the portal - For a GST registration, you need to visit yhe government portal (gst.gov.in)

  • 2

    Applicant’s details are to be filled there which includes

    • A Registered PAN number
    • Name
    • Mobile number for the further verification . You will get verification done by the phone number and also by the email.
  • 3

    Then entity details will be filled which includes the official register name, the email address has to be entered. And Place of business also have to be declared.

  • 4

    Details of all the partners are needed to be mentioned. These partners and directors are to be verified and as well as identified.

  • 5

    Bank Details of the registered account of the company required to fill completely.

  • 6

    Commodity details have to be filled. That what kind of services or products, you provide in the market, it has to be clearly specified.

Note: Then you get the login id and password on the government portal where you can check your application status.

Is there is any kind of penalty for Not Registering Under GST?

If the person does not register under GST, they have to pay a penalty of 10% on the tax due but subject to the amount of Rs 10,000.

Although, in the case person try to evade taxes deliberately, then the person is liable to pay penalty which is 100% of the amount of tax due.

What Are The Benefits Of GST Registration In Ajmer ?

The benefits from GST registration in Ajmer are as follows:

  • GST provides an efficiently economic solution which have to compete with the companies within the unorganized sectors
  • PAN of company which is important and incorporation proof has to be given.
  • GST helps in reducing the logistic costs and also consolidate the warehouse facilities.
  • GST will helps in order to simplify tax administration process, improve compliance process, try to eliminate economically distortions in production, trade and consumption.
  • The number of tax exempt goods will be decline.

So At The End On What Conclusion We End Up !!

So in order to avail the following it is advisable to get registered under GST ;

  • GST eliminates the cascading effect of tax.
  • Composition scheme for small businesses.
  • Simple and easy online procedure.
  • The number of compliances is lesser.
  • Defined treatment for E-commerce operators.
  • Improved efficiency of logistics.
  • Unorganized sector is regulated under GST It is good if we get registered.

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