GST Registration in Hyderabad
Procedure for GST Registration
1. Fill Out the Application Form: Complete the simple application form available on our
website.
2.Submit Required Documents: Provide documents based on your business category.
3. Form Submission: We will file the forms and declarations on your behalf.
4. Receive Your GST Number:
Once approved, we will email your GST number to you.
About GST Registration
The introduction of the Goods and Services Tax (GST) revolutionized taxation in India,
simplifying compliance for businesses. Here’s what you need to know:
- GST is mandatory for businesses to avoid heavy penalties.
- Registration allows businesses to collect GST from customers.
- You can simplify the process with Ramesh Associates, offering expert guidance
nationwide.
Types of GST and Features
Type |
Taxed By |
Applicability |
Input Tax Credit |
Revenue Sharing |
CGST |
Central Government |
Intra-State Supplies |
Against CGST and IGST |
Central Government |
SGST |
State Government |
Intra-State Supplies |
Against SGST and IGST. |
State Government. |
IGST |
Central Government |
Inter-State Supplies |
Against CGST, SGST, IGST |
Shared between State & Central |
Documents Required for GST Registration
Sole Proprietorship/Individual:
- Aadhaar card, PAN card, and photo
- Bank statement or canceled cheque
- Address proof (electricity bill, property tax receipt, etc.)
Partnership/LLP:
- Aadhaar card, PAN card, and photos of all partners
- Bank details
- Proof of office ownership or rent agreement and NOC
Private/Public Companies:
- PAN card and registration certificate
- MOA/AOA and directors’ Aadhaar, PAN, and photos
- Bank details and office address proof
HUF, Societies, and Trusts:
- PAN card of entity and Karta/Promoter
- Address proof and bank details
What is GSTIN?
GSTIN is a unique 15-digit code assigned upon registration:
- First 2 digits: State code
- Next 10 digits: PAN number
- 14th digit: Default "Z"
- 15th digit: Checksum for verification
GST Registration Process on the Government Portal
- Visit the GST portal and access the registration tab.
- Fill in PAN, email, and mobile details in Form GST REG-01 (Part A).
- Verify OTP and receive a reference number.
- Complete Form GST REG-01 (Part B), sign it digitally, and upload documents.
- Track the status of your application and provide additional details if required.
Benefits of GST Registration
- Simplified Taxation: Unified GST replaces multiple indirect taxes.
- Reduced Costs: Avoids cascading taxes, lowering product prices.
- Boost in Employment & GDP: Higher demand and production create job opportunities
and increase GDP.
- Transparency & Efficiency: Digitization reduces corruption and tax evasion.
Penalties for Non-Compliance
Non-compliance may result in fines such as:
- Declaration form
- Authority letter
- 100% tax due or ₹10,000 (whichever is higher) for evasion.
- 10% of tax due for genuine errors, with a minimum of ₹10,000.
- Severe penalties for misusing the Composition Scheme.
Why Choose Ramesh Associates?
- Decades of Expertise: 10+ years of experience.
- Affordable & Quick: Economical services with 100% Service.