GST Registration Online India – Process, Documents & Fees
Indirect tax in India was started from a long time, it is a long journey in which many types of Taxes were added. At every stage of providing service and supply of Goods, there was a different tax. So many different types of taxes made complications in implementing them and also increased the tax rate because the tax was levied on tax.
GST was mainly implemented to reduce the cascading effect of tax and make simple Taxation system. Post GST different type of taxes were eliminated and only GST is in existence now. GST is levy by both Central and State Government as per rate decided by them, that is called CGST and SGST respectively. CGST and SGST is levied if the transaction is within state i.e. intra-state. If Goods and services are supplied from one state to another then IGST will be levied, this transaction is called inter-state.
Every member who takes GST registration is required to file monthly(or Quarterly) and annual return of business. This return will include all Purchases, Sales, Output GST (On sales) Input tax credit (GST paid on purchases). These returns are to be filled in 3 different parts each month such as 1. Details of outward supplies of taxable goods and/or services, 2. Details of inward supplies of taxable goods and/or services, 3. Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of the amount of tax, in form of GSTR-1, GSTR-2, and GSTR-3 respectively. And annual return in form GSTR-9.
Afleo will help you in all your requirements regarding the registration of Goods and Services Tax and other formalities. Our Business advisors will give solutions to all your queries regarding GST Online Registration and help you with all the Documents required, Process, Fees etc. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is the market leader with 500+ GST Registrations per month and total figures crossing 5,000+
GST was mainly implemented to reduce the cascading effect of tax and make simple Taxation system. Post GST different type of taxes were eliminated and only GST is in existence now. GST is levy by both Central and State Government as per rate decided by them, that is called CGST and SGST respectively. CGST and SGST is levied if the transaction is within state i.e. intra-state. If Goods and services are supplied from one state to another then IGST will be levied, this transaction is called inter-state.
Every member who takes GST registration is required to file monthly(or Quarterly) and annual return of business. This return will include all Purchases, Sales, Output GST (On sales) Input tax credit (GST paid on purchases). These returns are to be filled in 3 different parts each month such as 1. Details of outward supplies of taxable goods and/or services, 2. Details of inward supplies of taxable goods and/or services, 3. Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of the amount of tax, in form of GSTR-1, GSTR-2, and GSTR-3 respectively. And annual return in form GSTR-9.
Afleo will help you in all your requirements regarding the registration of Goods and Services Tax and other formalities. Our Business advisors will give solutions to all your queries regarding GST Online Registration and help you with all the Documents required, Process, Fees etc. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is the market leader with 500+ GST Registrations per month and total figures crossing 5,000+