Streamlined GST Registration Service
Speed Filings offers hassle-free GST registration, ensuring swift compliance for your business needs. Get started effortlessly today
Efficient GST Registration with Speed Filings
Are you ready for a seamless GST Registration process? At Speed Filings, we simplify the complexities of Goods and Services Tax (GST), ensuring compliance with ease. GST, an indirect tax, has replaced various other indirect taxes in India, such as excise duty, VAT, and services tax. Enforced from July 1, 2017, based on the Goods and Service Tax Act, GST has become an integral part of India’s taxation framework.
Why Opt for Speed Filings for GST Registration?
Swift Processing: Our specialized approach ensures a quick and seamless GST Registration tailored to your business needs.
Expert Guidance: Rely on our professionals to guide you through the intricacies of tax regulations, ensuring accurate and compliant registration.
Customized Support: Every business is unique, and we offer personalized support to ensure your GST registration aligns perfectly with your business structure.
Document Preparation: Let us assist you in preparing and organizing the necessary documents, ensuring a smooth application process.
Application Submission: Speed Filings takes care of submitting your GST Registration application accurately to the relevant authorities.
Timely Processing: Expect prompt processing, reducing waiting times and allowing you to obtain your GST Registration swiftly.
Compliance Assurance: Stay updated with ever-changing tax laws. We ensure that your GST Registration complies with all necessary tax regulations and guidelines.
Customer Support: Have questions or concerns? Our customer support team is readily available to address your queries and provide timely assistance.
Who is a Taxable Person Under GST?
A ‘taxable person’ under the GST Act is someone conducting business in India and is registered or needs to be registered under the GST Act. This includes individuals, HUFs, companies, firms, LLPs, AOP/BOI, government entities, co-operative societies, and more.
GST Registration Turnover Limit:
GST registration can be voluntary, regardless of turnover. However, it becomes mandatory if a person or entity sells goods or services beyond a certain turnover.
Service Providers: Registration is required for service providers with an aggregate turnover exceeding Rs. 20 lakhs in a year. In special category states, the limit is Rs. 10 lakhs.
Goods Suppliers: Exclusive goods suppliers with an aggregate turnover exceeding Rs. 40 lakhs in a year require GST registration. Special conditions apply for eligibility.
Special Category States: States listed as special categories have different turnover limits for registration.
Types of GST Registration:
Various types of GST registration exist, including regular, casual taxable persons, non-resident taxable persons, and eCommerce operators.
Casual Taxable Persons: Individuals occasionally supplying goods or services in a state without a fixed place of business.
Non-resident Taxable Persons: Foreign individuals or businesses supplying goods or services to India without a fixed place of business.
E-Commerce Operators: Persons operating digital platforms for electronic commerce, irrespective of turnover.
What is GSTIN?
GSTIN, or Goods and Services Tax Identification Number, is a 15-character identification provided to entities with GST registration. It is based on PAN and the state of the applicant.
Download GST Registration Certificate:
Registered entities must prominently display their GST certificate. Downloading the certificate is a simple process through the GST Portal, accessible through your GST account under User Services.
Register for GST through Speed Filings:
Obtaining your GST registration is a breeze with Speed Filings in less than 7 working days. Simply provide your name, phone number, and email to initiate the process.
Our GST expert will reach out to understand your business, assess the state of operation, and address any queries you may have. After collecting and verifying the necessary documents, we start the GST registration process, uploading all applications into the GST Portal.
You’ll have your GST registration within 3 to 7 working days, all completed online. Access to the LEDGERS Platform for GST invoicing and return filing is also provided.
Voluntary GST Registration:
Any entity wanting to supply goods or services can voluntarily obtain GST registration, irrespective of turnover. Voluntary registration can help avail Input Tax Credit and provide GST bills to customers.
Penalty for NOT Obtaining GST Registration:
Entities exceeding the aggregate turnover limit must obtain GST registration within 30 days. Delay or non-compliance can lead to a penalty of Rs. 10,000 and loss of input tax credit during the delay period.
Documents Required for GST Registration:
Document requirements vary based on the entity type:
Sole proprietor/Individual
LLP and Partnership Firms
HUF
Company (Public and Private) (Indian and foreign)
Benefits of GST Registration:
Bank Loans: GST registration and return filing serve as proof of business activity, aiding in obtaining credit from banks and NBFCs.
Supplier Onboarding: To become a supplier for reputed companies, GST registration is often a must during the onboarding process.
eCommerce: GST registration is necessary to sell online through platforms like Amazon, Flipkart, and others.
Input Tax Credit: Entities with GST registration can collect GST from customers, offsetting the liability against taxes paid while purchasing goods