- 1 What is Goods & Service Tax?
- 2 GST Tax Rate In India
- 3 What Is GSTIN Number?
- 4 Goods & Service Tax Identification Number Format
- 5 GST Registration Online
- 6 GST Forms Detail India
What is Goods & Service Tax?
Goods & Service Tax is the indirect tax. It is imposed on Goods & Services which needs a value increasing through processing.
GST Tax Rate In India
The government is deciding the GST Tax Rate on different products. Government is creating a list of products on basis of needs i.e. very important & needy things are taken under no GST tax. Some Products are having a GST Tax Rate 5% 12% 18% & 28%.
|Unpacked Food||Unpacked Paneer|
|Health Services||Education stationary|
|Edible Oil||Domestic LPG|
|Floar Cover||Incense stick|
|28%||Small Cars||Consumer Goods|
|Sports Cars & Bikes||Luxury Cars & Bikes|
What Is GSTIN Number?
The Goods & Service tax Payer Identification Number i.e. GSTIN is the identity of the taxpayer who is paying a GST tax.
Goods & Service Tax Identification Number Format
The GSTIN number is well-formatted Number. You can see this GSTIN number i.e. 27 BBBCA1562D 8 Z 2
This GSTIN Number is,
The First two digit Stands for State Code.
After Than, The 10 digit Stands for Businessmen’s PAN Card Number.
The 13th Digit stands for State Registration Number.
The 14th digit is the set by default by the government.
the last One is being any Alphabets can be set.
GST Registration Online
The government is setting the rule for GST Taxpayer i.e. Any Businessman in India whose Company or industry is making a turnover of 20 Lakh or more than it. they are eligible to pay the GST to the Government.
Any Businessman can apply for GSTIN Number online. It is mandatory to register to pay the GST.
Eligibility Criteria To Register For GST
Any Businessman whose Company’s turnover is 20 Lakh or more than 20 Lakhs Rupees in the financial year.
Any businessman whose business is related to the Interstate exchange or e-commerce. they are also eligible to register for GSTIN number.
Required Documents for GST Registration/GSTIN
- Applicant’s PAN Card
- Business Incorporation Certificate
- Applicant’s Identity Proof
- Applicants two passport size photo
- Applicant’s Business Address Proof
- Bank Statement containing Name & address
- Digital Signature
GST Registration Fees
There are no Fees are taking for the GST registration. The GST Registration is done on a free basis.
GST Registration Procedure Online In India
First, Go to the GST Registration Portal & Click on New GST Registration to register yourself.
Now, The GST Registration Form is opening in your browser.
This Form is containing a User Credentials Form & OTP Verification form.
After Than, you need to fill up the User Credentials Form. The User credentials Form is containing the business details, applicant’s mobile number, PAN Card etc.
Click on “Proceed” to submit the form.
Now, the Browser is redirecting you on the OTP verification form.
Now, enter Your Email Id & Mobile Number & you get the OTP on your mobile number & Email Id.
Enter both OTP & Click on “Proceed” to OTP verification.
Now, you get the Temporary Reference Number which is valid for 15 days to get GSTIN Number.
Now, Go to the GST Registration Portal & Click the option New Registration. But now you need to go to the Temporary Reference Numer.
When you go to the Temporary Reference Number enter your Temporary Reference Number & Click on Proceed.
It is redirecting you to one Form which can be filled up with all business details & submit the Form.
The Officers check All form details which is given by the Businessman. This process ends in three days.
When the Officers has approved your application, The GST officer is asking for some business related documents.
The officer is asking for the document which can be submitted in a limited time period.
If you fail to submit the document then the officer is informing through the GST-Reg-05 form that You fail for GSTIN Registration.
When you get the GST-Reg-05 From you need to apply again for GSTIN number.
GST Forms Detail India
|GST-Reg-03||To get more information|
|GST-Reg-04||To get more information about Registration|
|GST-Reg-07||Registration as a TDS/TCS|
|GST-Reg-08||Rejection of TDS/TCS Registration|
|GST-Reg-09||Non-Resident Taxable Person Registration|
|GST-Reg-10||Online Information Supplier|
|GST-Reg-11||Non-Resident Application Period|
|GST-Reg-12||To register temporary Registration|
|GST-Reg-13||UIN Application Form|
|GST-Reg-14||Information of all application|
|GST-Reg-16||To cancel Application|
|GST-Reg-17||Showing reasons to cancel application|
|GST-Reg-18||Response of Form cancellation application|
|GST-Reg-19||Order to Cancel Registration|
|GST-Reg-20||Application Withdraw Orders|
|GST-Reg-21||To apply again for Application Cancelled|
|GST-Reg-22||Order to cancel Application|
|GST-Reg-23||Showing a reason for Application cancellation|
|GST-Reg-24||Response Application Cancellation Form|
|GST-Reg-25||Provision Registration Certificate|
|GST-Reg-26||Existing Taxpayer Application Form|
|GST-Reg-27||Provision Registration Cancellation reply|
|GST-Reg-28||Order to cancel provision registration|
|GST-Reg-29||Provisional Registration Form cancellation|
|GST-Reg-30||Field Visit Form|