GST Registration in Bangalore and Return filling
Get GST-compliant & file monthly/annual returns effortlessly.
Role of ClientsMaster Services in GST Registration
Online GST Registration Process with Quick Approval / Complete filing in 48 hours with expert support
Sl. No. | Service Category | Role of ClientsMaster |
1 | Eligibility Assessment | Evaluates whether a business is required to register for GST based on turnover, type of operations (interstate supply, e-commerce, etc.), or voluntary registration benefits. |
2 | Documentation Assistance | Guides businesses in collecting and preparing essential documents like PAN, Aadhaar, business address proof, bank details, and proof of business constitution (e.g., partnership deed, incorporation certificate). |
3 | Filing GST Application | Handles the accurate completion and submission of the GST registration form (Form GST REG-01) on the GST portal, reducing the risk of errors and rejections. |
4 | Verification and Follow-up | Coordinates with GST authorities to resolve verification queries, assists with additional documentation if required, and ensures smooth approval of the application. |
5 | Issuance of GSTIN | Ensures businesses receive their GST Identification Number (GSTIN) post-approval, allowing them to legally collect GST from customers. |
6 | Support with Composition Scheme | Advises businesses on eligibility for the Composition Scheme, which simplifies GST compliance by allowing small businesses to pay tax at a fixed rate without claiming input tax credit. |
7 | Ongoing Compliance and Filing | Provides post-registration support for GST compliance, including regular return filing (GSTR-1, GSTR-3B, GSTR-9), record maintenance, and tax reconciliation. |
8 | Advisory on GST Benefits | Assists businesses in maximizing GST benefits, such as claiming Input Tax Credit (ITC), availing exemptions, and processing refunds under GST laws. |
GST Registration: Requirements, Process & Expert Assistance
Overview of GST Registration
Aspect | Details |
Implemented On | 1 July 2017 |
Applicability | Service providers, traders, manufacturers, freelancers |
Replaced Taxes | Service Tax, VAT, CST, Excise Duty, Entertainment Tax, etc. |
Registration | Mandatory for businesses exceeding turnover limits |
Composition Scheme | Available for businesses with turnover up to ₹1.5 crore (simplified tax structure) |
Tax Structure | Consumption-based (collected in the state where goods/services are consumed) |
Key Components of GST
Tax Component | Description |
CGST (Central GST) | Levied by the Central Government on intra-state transactions |
SGST (State GST) | Levied by State Governments on intra-state transactions |
IGST (Integrated GST) | Levied by the Central Government on inter-state transactions |
Who is Required to Register for GST?
Category | Registration Criteria |
Business Entities | Annual turnover exceeds ₹40 lakhs (₹20 lakhs for special category states) |
Service Providers | Annual turnover exceeds ₹20 lakhs (₹10 lakhs for special category states) |
Previously Registered Entities | Businesses under Excise, VAT, or Service Tax must migrate to GST |
Inter-State Suppliers | Businesses supplying goods/services across state borders |
Casual Taxable Persons | Those engaged in occasional taxable supply |
Reverse Charge Entities | Businesses liable to pay tax under the reverse charge mechanism |
E-Commerce Operators | Platforms facilitating sales (e.g., Amazon, Flipkart) |
Input Service Distributors | Entities distributing input tax credit (ITC) |
Non-Resident Taxable Entities | Foreign businesses supplying taxable goods/services in India |
Why GST Registration is Essential
Legal Requirement: Businesses must comply with the GST Act to avoid penalties.
Input Tax Credit: Registered businesses can claim credit on taxes paid on purchases.
Legal Transactions: It enables businesses to engage in interstate trade and commerce.
Competitive Edge: Being GST-registered boosts business credibility and allows seamless operations with other GST-compliant businesses.
By handling the entire GST registration process, tax consultancy services ensure businesses remain compliant with the law and take full advantage of GST provisions.
Types of GST Registrations
Under the Goods and Services Tax (GST) regime, different types of GST registrations apply depending on the nature and type of business activities. Here are the primary types:
Normal Taxpayer Registration
Who Should Register: Businesses whose annual turnover exceeds ₹20 lakh (₹10 lakh for special category states) for service providers, and ₹40 lakh for goods suppliers.
Features:
Regular GST registration.
Requires the filing of monthly and annual GST returns.
Eligible to claim input tax credit (ITC).
Composition Scheme Registration
Who Should Register: Small businesses with turnover up to ₹1.5 crore can opt for the Composition Scheme.
Features:
Reduced tax rates (1% for manufacturers/traders, 5% for restaurants, and 6% for other service providers).
Quarterly returns and simple compliance.
Not eligible to claim ITC.
Cannot engage in interstate sales.
GST Registration Turnover Limits
Category | Turnover Limit (Regular States) | Turnover Limit (Special Category States) |
Service Providers | ₹20 Lakhs | ₹10 Lakhs |
Goods Suppliers | ₹40 Lakhs | ₹20 Lakhs |
Composition Scheme Eligibility | Up to ₹1.5 Crores | ₹75 Lakhs |
Benefits of GST Registration
Benefit | Description |
Legal Compliance | Avoids penalties & ensures smooth business operations |
Input Tax Credit | Allows tax paid on purchases to be claimed against sales tax |
Elimination of Cascading Tax | Removes tax-on-tax effect, reducing costs |
Ease of Inter-State Trade | Simplifies tax structure for businesses operating across states |
Competitive Advantage | Increases credibility with larger businesses and government tenders |
Enhanced Cash Flow | Better tax management improves financial health |
E-Commerce Expansion | Required for selling on platforms like Amazon & Flipkart |
Simplified Tax Compliance | Online tax filing & payment options reduce complexity |
GST Registration Requirements as per CGST Act, 2017
Section & Provision | Details & Applicability |
Section 22: Threshold-Based Registration | Businesses must register for GST if turnover exceeds prescribed limits:
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Section 23: Exemptions from Registration | Certain individuals and businesses are exempt from GST registration:
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Section 24: Compulsory Registration (Irrespective of Turnover) |
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For GST registration in India, you typically need the following documents:
Startup Entity / Constitutions | Sole Proprietorship / Individual | Partnership Firm & LLP | HUF (Hindu Undivided Family) | Company (Private / Public – Indian & Foreign) |
Common Documents Required for All Entities | PAN Card, Aadhaar Card, Photo | PAN Card, Aadhaar Card, Photo of Partners | PAN Card, Aadhaar Card, Photo of HUF | PAN Card, Aadhaar Card, Photo of Directors |
Entity-Specific Documents | - | PAN of Firm | PAN of HUF | PAN of the Company |
- | Partnership Deed (for Firms) / Registration Certificate (for LLPs) | HUF Deed |
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Business-Specific Documents | Ownership documents, Rent/Lease Agreement + NOC, Utility Bill (Electricity/Water/Telephone – not older than 2 months) | same as left | same as left | same as left |
Additional Details | Mobile Number, Email ID | same as left | same as left | same as left |
Tax Consulting Services Provided By ClientsMaster
Composition Scheme
You're discussing the threshold limits for aggregate turnover that determine the eligibility for opting into the Composition Scheme under the Goods and Services Tax (GST) Act, specifically distinguishing between general and special category states. Here's a breakdown: