Experience hassle-free GST registration in Jaipur with Track Tax at an unbeatable price!
Goods and Services Tax (GST) is an indirect tax imposed on the supply of goods and services in India. It is a value-added tax applied to most goods and services sold for domestic and commercial use. GST is categorized into three components:
Though GST is paid by consumers, businesses are responsible for collecting and remitting it to the government.
At Track Tax, we ensure a seamless GST registration process, offering timely delivery of your GST Registration Certificate. With our expert team, we handle government compliance effortlessly, ensuring your peace of mind.
For assistance with GST registration in Jaipur or for GST compliance services, contact us at 072407-51000 or email us at admin@tracktax.com.
With GST, suppliers are entitled to claim input tax credit for the GST they have paid to their previous suppliers. This credit helps reduce the overall cost of goods and services for the end consumer, promoting cost-efficiency.
With GST, suppliers are entitled to claim input tax credit for the GST they have paid to their previous suppliers. This credit helps reduce the overall cost of goods and services for the end consumer, promoting cost-efficiency.
GST offers a composition scheme designed for small businesses, providing two significant advantages: simplified paperwork and reduced tax liability. This scheme helps ease the tax burden and ensures minimal compliance for businesses operating on a smaller scale.
GST offers a unified return system with lower compliance levels. The online platform allows businesses to easily upload data and file returns, making the process more efficient and user-friendly.
At Track Tax, we specialize in assisting with GST registration and ongoing compliance. Contact us for guidance on how to leverage these advantages and establish your organization successfully.
At Track Tax, we make this process efficient and hassle-free, providing end-to-end assistance for GST registration.
Business having Aggregate turnover of more than Rs. 40 lakhs during financial year needs to take GST registration with terms and conditions. (Rs. 20 lakhs for North Eastern states and Rs. 10 Lakhs in special category states)
Casual taxable person is the one who occasionally supplies goods and/or services in a territory where GST is applicable but he does not have any fixed place of business such person is also required to get registered its business under GST
Aggregate turnover of more than Rs. 20 lakhs during financial year needs to take GST registration. (Rs. 10 lakhs for North Eastern states)
Non-Resident taxable person is a person who is not resident of country having GST and supply Goods and Services in such territory is required to get registered its business under GST.
Businesses registered under any previous indirect tax law
Businesses who need to pay taxes under the RCM.
If the entity deals in Inter-state supply of Goods and Services, needs to apply irrespective of the Turnover limit.
Every e-commerce portal and vendors who are selling their products online.
An Input service distributor (ISD) is a business which receives invoices for services used by its branches. It distributes the tax paid, to such branches on a proportional basis by issuing an ISD invoice.
Notes: Special states Arunachal Pradesh, Assam, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh, Uttarakhand
Sole Proprietorship or Individual: Documentation Requirements
Proof of Identity
Proof of Principal Place of Business
For Own Office:
For Rented or Leased Office:
Details of Bank Account
This documentation is essential for establishing a sole proprietorship and ensuring compliance with regulatory requirements.
Partnership Firm: Documentation Requirements
Proof of Identity
Proof of Constitution of Business
Proof of Appointment of Authorized Signatory
Details of Bank Account
Proof of Principal Place of Business
Limited Liability Partnership (LLP): Documentation Requirements
Proof of Identity
Proof of Constitution of Business
Proof of Appointment of Authorized Signatory
Details of Bank Account
Proof of Principal Place of Business
Additional Requirement
This documentation is essential for the registration and operation of an LLP, ensuring compliance with legal standards.
Private Limited / Public Limited / One Person Company: Documentation Requirements Proof of Identity
Proof of Constitution of Business
Proof of Appointment of Authorized Signatory
Details of Bank Account
Proof of Principal Place of Business
For Own Office:
For Rented or Leased Office:
This documentation is crucial for the registration and functioning of a Private Limited, Public Limited, or One Person Company, ensuring compliance with regulatory requirements.
Start by filling out the questionnaire provided by our team to capture your business details accurately.
Provide all necessary documents based on your business category as mentioned previously.
We will file the GST registration application on your behalf. You will need to provide the One-Time Password (OTP) as required during this process.
Within 2-3 days of submission, upon approval from the department, we will send you your GST Registration number, along with a User ID and Password for accessing the online portal.
This streamlined process ensures a hassle-free GST registration experience, enabling you to focus on your business growth.
Unlock your business potential with our comprehensive GST registration service, which includes:
Voluntary GST Registration
If your business doesn't meet the mandatory threshold for GST registration, you can still opt for voluntary registration. This is ideal for small businesses with turnover less than ₹20 lakhs/₹40 lakhs, allowing you to enjoy all GST benefits and ensure compliance with regulations.
Input Tax Credit (ITC)
Input Tax Credit is a significant advantage for businesses. It allows you to reduce your tax liability by claiming credit for GST paid on purchases used in your business. However, credit can only be claimed for goods and services utilized for taxable supplies. Please note that you cannot claim ITC for:
Registration under Composition Scheme
For taxpayers with a turnover below ₹1.5 crore (or ₹75 lakh for North-Eastern states and Himachal Pradesh), the Composition Scheme simplifies compliance. This scheme allows small taxpayers to pay GST at a fixed rate based on turnover, freeing you from complex filing requirements. However, certain categories, such as manufacturers of ice cream or tobacco and those making interstate supplies, are not eligible.
Conditions for the Composition Scheme:
Reverse Charge Mechanism (RCM)
Under the RCM, the responsibility to pay tax shifts from the supplier to the recipient for certain services. This applies to services from non-taxable territories, Goods Transport Agencies, advocates, government authorities, and more, as specified by the Central Government.
Penalty for Non-Compliance
Failure to register under GST can lead to significant penalties. If you make short payments or evade taxes, you may face a penalty of 10% of the tax amount due, with a minimum of ₹10,000. In cases of deliberate evasion, the penalty increases to 100% of the tax amount due.
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