GST Registration in Madhya Pradesh 

GST registration is a 15 digit goods and service identification number that collects and identifies the business activities and business related data. If you are a businessman, then Madhya Pradesh is an excellent place for you. GST registration is a legal requirement for businesses and individuals whose annual turnover exceeds the prescribed financial limit, which varies from state to state. Any business must register for GST. Need to be included. GST helps reduce the number of taxes imposed on your business. Vidha corporate has all the experience to help you with GST registration. Besides, you can easily know everything you need for this by checking our website. GST registration not only confers legal compliance, but also opens the door to tax credit and trust for big businesses as they do various things like access and credibility in the eyes of consumers and road providers. GST helps you claim tax returns while minimizing expenses. Goods and Services Tax is an important indirect tax that has been used in India for a long time and is levied on certain goods. It came into effect from 1 July 2017 and simplified the business tax process

Benefits of GST registration

Goods and Services Tax has many advantages that can make the Indian economy stronger and stronger. There are of course many advantages when you want to register your business which are discussed below

  • GST has reduced the cash cading effect of indirect taxes.
  • It has helped to stop various tax evasion.
  • GST significantly helps in reducing listing cost in India.
  • Various administrations are possible through GST tax.
  • GST helps boost Make in India initiatives.
  • Simplification is the taxation service.
  • GST registration seeks to reduce corruption and sales without receipts.
  • Goods And prices tend to be lower for the range

Type of GST registration 

  • State good and Services tax ( SGST)
  • Integrated goods and Services tax (IGST)
  • Central goods and Services tax (CGST)
  • Union territory goods and Services tax(UGST)

Document for GST Registration 

  • Applicant photo
  • Email ID
  • Mobile no
  • Address proof for place of business
  • Information in context of opening of a bank account
  • Company’s certificate of incorporation Details of goods and Services to be supplied

Document for sole proprietorship/ individual

  • Pan card of the owner
  • Bank account details
  • Aadhaar card
  • Any two business address proof (electricity bill, property of documents, rent agreement, consent letter etc.)
  • E-mail I’d & ph. no
  • Business name and business activities
  • Passport size photocopy
  • Bank statement
  • Registration under GST, if the business turnover exceeds Rs. 20 lakhs.

Document for partnership Firm

  • Pan card of the owner
  • Aadhaar card of the owner
  • Passport size photo
  • Address proof
  • Bank details

Document for Company/ LLP

  • Pan card of the company/designating partner
  • Aadhaar card of each director / designating partner
  • COI certificate/ LLPIN certificate
  • Primary signatory Authorization letter
  • Any two business address proof
  • Bank statement/ cancelled cheque
  • DIN no / DPIN no each director/ designating partner
  • Email I’d
  •  Mobile no
  • Business name and business activities
  • Passport sized photo

Document for HUF

  • Pan card of HUF
  • Identify proof of karta
  • Address of karta
  • Photograph of card
  • Bank account details
  • Address proof of the working premise

Process of GST registration

Currently, the GST registration process in India is mainly done online. GST Railway Station Processes are discussed below sequentially

  • First of all, go to the GST portal website and click on the registration button under the taxpayer section.
  • Then through the required details where your name, PAN card number, email id, address should be filled completely.
  • After submitting the necessary information you will receive an OTP on the phone number or email id for proper authentication of your mobile number.
  • Once the first time authentication is complete you will also receive a temporary reference number on your mobile or email address.
  • Then use the reference number to login to the GST portal and complete the rest of the registration process by completing the GST registration application.
  • Required information to be uploaded like Aadhaar Card PAN Card Bank Account etc. and business place proof.
  • After submitting the required documents and application form you will receive an application reference number on your email number.
  • When the GST officer verifies your application, he may ask for additional documents that the officer may require that you submit.
  • Finally after completion of your verification GST doubt letter will be issued and you can start using GST IN for your business transactions.

Who need GST Registration

  • A person who supplies taxable goods and services with an aggregate value of Rs.20 lakhs in a financial year can be registered for GST.
  • If you want to provide services and goods outside the country
  • If you want to sell your products and services online like flipkart, Amazon, jio store
  • If you want to do business in multiple states.
  • If a business has prior registration under the Tax Act.

Fees of GST registration 

GST registration in Madhya Pradesh fees start in 10,000

  1. Fees for sole proprietorship / individual ₹2,000 to ₹10,000
  2. Fees For partnership firm ₹1999
  3. Fees For ₹7499
  4. Fees for ₹5000 to ₹1000

Why we choose Vidha corporate for GST registration in Madhya Pradesh

Vidha corporate provides various types of services like GST, company registration, MSME registration, LLP registration , startup registration , copyright and trademark registration ,Income tax etc. This company is more trusted than other companies .Are you looking for a GST registration company in Madhya Pradesh? You can contact Vidha corporate for GST registration in Madhya Pradesh. Vidha corporate provides GST registration solution and services in Madhya Pradesh.

The Minimum Limit for GST Registration?

GST (Goods and Services Tax) registration services is a process that enables businesses to register for GST, which is a value-added tax levied on the supply of goods and services. In India, GST registration is mandatory for businesses with an annual turnover of Rs. 40 lakhs or more (for some states, the threshold is Rs. 20 lakhs or more), and for businesses that engage in inter-state supply of goods and services.

GST Registration in Madhya Pradesh

Documents Required For GST Registration

To register for GST, businesses need to visit the GST registration Services Portal or  Call Vidah Corporate Helpline 24*7 and submit an online application along with the required documents.

Individual
  • Owner Aadhar card
  • Owner PAN card
  • Photograph of the owner (in JPEG format, size up to – 100 KB)
  • Bank account details
  • Address Proof
HUF's
  • HUF's PAN card
  • PAN card and Aadhar card of Karta
  • Photograph of the owner (in JPEG format, size up to – 100 KB)
  • Bank Account Details
  • Address Proof
Partnership firm/ LLP
  • PAN card of all partners
  • Copy of partnership deed
  • Photograph of all partners and authorised signatories (in JPEG format, maximum size – 100 KB)
  • Address proof of partners
  • Aadhar card of authorised signatory
  • Bank account details
  • Address proof of principal place of business
Company (Private/ Public/Indian/ foreign)
  • Company pan Card
  • Certificate of incorporation
  • PAN card and Aadhar card of authorized signatory
  • PAN card and address proof of all directors of the Company
  • Photograph of all directors and authorised signatory (in JPEG format, maximum size – 100 KB)
  • Bank account details
  • Address proof of principal place of business

How to Check GST Registration Status

To check the GST ARN (Application Reference Number) registration status in India, follow these steps

FAQs

  1. Is it mandatory to have PAN card to get GST registration?

Ans- Having PAN card is mandatory for GST registration as it is required as the first step for any type of legal entity registration of company or trust.

     2. What is the validity of GST registration in Madhya Pradesh?

Ans- There is no expiry date for a GST registration in Madhya Pradesh so GST once received is valid till cancellation is surrendered or suspended.

     3.Is it possible for a person to operate two different companies using the same PAN card to get two GST registrations?

Ans – No, a person can get a registration using one PAN card in each state but he can get different stations for different business establishments.

    4.Can a person get registration for two companies with one number?

 Ans- No, a person can get a registration with a number because the first step of the GST railway station is to get an OTP with the phone number. By which it is proved that it is the owner’s number.

     5.How many digits of GSC number?

Ans- GST number is 15 digits. for example – 088XXXX1111X1ZX

     6.Is GST registration mandatory for small businesses?

 Ans- There is no such requirement regarding them in JSC registration