In 2017, the central and
state governments of India implemented the Goods and Services Tax (GST), an
indirect tax regime that replaced several cascading taxes. It is mandatory for
all enterprises to obtain GST registration if their yearly turnover exceeds Rs
20 lakhs (or Rs 10 lakhs for Northeastern and hill regions). This entails
obtaining a distinct 15-digit GSTIN and electronically submitting your regular
GST returns. Businesses who register for GST benefit from increased
consistency, easier tax compliance, and the ability to collect input tax credits
for taxes paid on business expenses. Additionally, it broadens the revenue base
and improves tax transparency in India.
Under
normal circumstances, the online registration process for Goods and Services
Tax in India is fairly simplified and rapid. It usually only takes 1-3 working
days for the tax officer to approve a registration application that has been
submitted on the GSTN site with all required information and supporting
documentation. If more clarification is needed for the provided documents or
business facts, the process could take five to seven working days. On the other
hand, businesses can quickly begin their road towards GST compliance and reap
the benefits by obtaining a new GST registration in just three days if all the
necessary procedures are followed.
Seedling offers end-to-end assistance for businesses to ensure a smooth and stress-free GST registration process. Our services start with preparing and collating all the requisite documents like identity proof, address proof, bank account details, ownership agreements, and authorization letters that need to be attached to the online application form. We help accurately fill and file Form GST REG-01 on the portal while ensuring data integrity. Our experts continuously follow-up with the tax authorities to get queries resolved and timely approval of registration. We also assist with any technical portal-related issues faced during online submission.
Once the registration certificate bearing the GSTIN is issued, seedling helps you fully understand all your post-registration compliance requirements pertaining to invoices, returns, payments etc. We will update you on the verification progress at each stage and provide assistance with any additional details sought by tax officers for quick processing. With seedling hand-holding you every step of the way, registering for GST becomes a seamless process allowing you to focus on your core business activities.
We will require identity proof, address proof, bank account details,
ownership agreements, authorization letters and other business proofs as
applicable. Our experts will guide you on the exact documents needed.
Certainly. We assist businesses in obtaining GST registration regardless
of the stage they are at in their entrepreneurial journey.
Absolutely. We help any type of business entity like proprietorships,
partnerships, LLPs, private limited companies etc. with their GST registration
formalities.
With all documents in order, we strive to ensure GST registration within
5-7 working days under normal processing. The total time can sometimes extend
to 2-3 weeks depending on queries raised.
We are a one-stop shop providing end-to-end GST compliance services. So
apart from registration formalities, we also assist with invoice generation,
return filing, tax payments, and navigating any other compliance requirements
on the GST portal.
