GST Registration

Taxation and Financial Expert

GST Registration is one of essential registration which must be done before starting any business howsoever small or big. This is first step towards the legal recognition of your business in the global corporate world so that you can realize your dream.

GST Registration is mandatory for any business

Any business involved in the supply of goods whose turnover in a financial year exceeds Rs.40 lakhs for Normal Category states (Rs.20 lakhs for Special Category states)

  • Any business involved in the supply of services whose turnover in a financial year exceeds Rs.20 lakhs for Normal Category states (Rs.10 lakhs for Special Category states)
  • Every person who is registered under an earlier law (i.e., Excise, VAT, Service Tax etc.)  needs to register under GST, too.
  • When a business which is registered has been transferred to someone/demerged, the transferee shall take registration with effect from the date of transfer.
  • A person making inter-state supplies
  • Casual taxable person
  • Non-Resident taxable person
  • Agents of a supplier
  • Those paying tax under the reverse charge mechanism
  • Input service distributor (see below)
  • e-Commerce operatoror aggregator*
  • Person who supplies via e-commerce aggregator
  • Person supplying online information and database access or retrieval (OIDAR) services from a place outside India to a person in India, other than a registered taxable person

From the above table, we can clearly understand if we want to make our business good , its mandatory to register the GST.

At Bihar Tax Consultant, as a GST Registration Service Provider, we advise as well as help you to get the GST Registration in hassle free way without any delay.

 As the GST registration is the first step or the first impression of your business, it must be obtain with proper care and on authentic papers , so that in the future any matter arising due to GST Registration will not stand anyway from any corner.

Bihar Tax Consultant, we have our expert team of Tax consultant and Financial advisors to make it the best possible GST registration at a reasonable fees and without any delay .

GST Registration is the first step but not final, after the registration under GST regime you are liable to comply with provisions of Goods and services Act , 2017. And in case you failed to comply with provision of the GST act, you will be liable for fines and other penalty as per the Act.

But not to worry , you are in right hands , Bihar Tax Consultant is one most prominent GST service provider, with our expert advice you will find no trouble in complying with current or future taxation regime.

We will make sure that  you  and your business comply the current GST regime in such a way that no penalty or fine levied, you just focus on Business, we  do the taxation.

Call today for the Best Help & Advice

Nature of Registration

The registration in GST is PAN based and State specific.

Supplier has to register in each of such State or Union territory from where he effects supply. In GST registration, the supplier is allotted a 15-digit GST identification number called “GSTIN” and a certificate of registration incorporating therein this GSTIN is made available to the applicant on the GSTN common portal. The first 2 digits of the GSTIN is the State code, next 10 digits are the PAN of the legal entity, the next two digits are for entity code, and the last digit is check sum number. Registration under GST is not tax specific which means that there is single registration for all the taxes i.e. CGST, SGST/UTGST, IGST and cesses.

A given PAN based legal entity would have one GSTIN per State, that means a business entity having its branches in multiple States will have to take separate State wise registration for the branches in different States. But within a State an entity with different branches would have single registration wherein it can declare one place as principal place of business and other branches as additional place of business


Loves The Gst Registration

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Five Benefits of GST Registration

He is legally recognized as supplier of goods or services.

He is legally authorized to collect tax from his customers and pass on the credit of the taxes paid on the goods or services supplied to the purchasers/ recipients.

He can claim input tax credit of taxes paid and can utilize the same for payment of taxes due on supply of goods or services.

Seamless flow of Input Tax Credit from suppliers to recipients at the national level.

Bank loan on the basis GST Transaction by leading bank