Under the realm of goods and service tax, the business that happens to exceed the turnover threshold limit of Rs. 40 lakh to Rs. 10 lakh must be registered under the goods and service tax. For a certain kind of business, this registration is very much mandatory. If an organization carries on the business without getting itself under the goods and service tax, it can lose its business license. At the same time, the organization can experience heavy penalties due to the offense that it had indulged in under the goods and service tax.
The GST registration is usually completed between two to seven working days. You can apply for GST registration online through three easy steps to obtain the registration. You have to visit the official GST portal to apply for the registration process. However, you have to fill up the application form carefully not to create any errors. You can also take the help of GST experts who will guide you about the compliances and applicability under the goods and service tax.
After going through the steps carefully, you can get yourself registered under the goods and service tax. The process involves 11 steps where you need to submit your business details after going through the stand documents. There are no fees prescribed under the goods and service tax law for getting the goods and service tax registration. But this is only applicable when you are doing the registration on your own. Specifically, to take the help of an expert then, you will have to make the payment accordingly. The only advantage of choosing an expert would help you to assist in working from end to end.
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