Overview : know all about Gst registration,gst compliances and gst return filing,Process to obtain,benefits & Required documents for Gst registration in delhi ncr many of our clients are belong from vasant kunj,vasant vihar,mahipalpur,gurgaon,chhatarpur,gst consultant near me
Goods and services are divided into five different tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system. There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold. In addition a cess of 22% or other rates on top of 28% GST applies on few items like aerated drinks, luxury cars and tobacco products. Pre-GST, the statutory tax rate for most goods was about 26.5%, Post-GST, most goods are expected to be in the 18% tax range.
As a goods or service provider if you fail to register for gst. you can incur heavy fines and penalties that can go up to 100% of your owed tax amount registering for gst means you can also collect gst from your customers .thus in order to avoid any conflict with the law it is essential that you register for gst.
Documents Required for Gst Registration
1. Name and Nature of Firm
2. Proprietor’s PAN card
3. Aadhar Card
4. Bank Statement / Cancelled Cheque
6. Electricity Bill
7. Rent Agreement / NOC
8. Mobile No & E-mail ID
To apply Gst registration, gst compliances and gst return filing in dwarka call us on 9990061912