GST or Goods and Service Tax is a kind of indirect tax for India and applicable on the supply of products and providing of services. It is a comprehensive and multi-staged assessing; comprehensive because it has subsumed all the indirect taxes except a few and multistage because it is implicated at every step within the generation prepare. It is supposed to be discounted to all the parties within various stages of generation except the ultimate consumer.

Yes! With the free GST Registration services, Online Legal India™ also provides three different packages to file the GST Returns on-time for the GST registered business individuals in India.

It is a mandate issued by Govt. of India who basically try to save tax and keep oneself from the cascading effect of tax.

Yes, it is mandatory to pay GST for all the tax payers who is registered under GST regime.

The full form of CGST– Central Goods and Service Tax | SGST– State Goods and Service Tax | IGST– Integrated Goods and Service Tax

CGST and IGST are levied by Central Govt. and SGST is levied by State Govt.

CGST and SGST are paid for Intra-State Supply and IGST is paid for inter-State supply.

The limit to be considered under GST law differs on the basis of different categories.

Manufacturing Sector – 40 lakhs

Service sector – 20 lakhs

In North Eastern states – 10 lakhs

No, you don’t. Online Legal India looks after each and every procedure. You don’t need to visit any Govt. office. You just have to simply register on our official website and get your GST registration done at ease

Origin Based Tax or production tax is levied where services or products are produced.

Destination based tax or consumption tax are levied where the services or the products are being consumed. In this kind of taxation, exports are considered together with nil tax amounts whereas imports are taxed on par with the production done in the domestic sphere.

Goods and Services are categorized into five categories of tax slabs for collection of tax- 0%, 5%, 12%, 18% and 28%.

IN case of delay in GST filing, the penalty of Rs. 200/- is charged per day. There is no late fee charged in IGST.

When GST Return is not filed, then 10% of the due tax will be the penalty amount or Rs. 10000, whichever is earlier.

When someone commits fraud, then there will be a penalty which is 100% of the due tax or Rs. 10000 – whichever is earlier.

Composition Scheme is a easy process under the GST law for all the taxpayers who can avoid difficult formalities pay the GST at a fixed rate based on the turnover. The taxpayers, whose revenue is less than Rs. 1 crore, can opt for this scheme. But recently the CBIC announced the increase the threshold limit from Rs. 1 crore to Rs. 1.5 crores. In case of North eastern states and Himachal Pradesh, the limit is now Rs. 75 lakhs. The GST rate under the composition scheme is only 1 % of the annual turnover in case of the manufacturer or traders of products.

In case of sale of goods, if the business exceeds 40 lakhs, in case of service provider if it exceeds 20 lakhs, and in case of Special category states if it exceeds 10 lakhs, then one has to register for GST.

A person liable for GST registration must apply for the GST within 30 days from the date he becomes liable for GST.

PAN is mandatory for general taxpayers and also the casual taxpayers entitled under GST.

An entity operating in multiple states will have to register separately for each state from where supplies of goods or services take place.

Once the GST Certificate is issued, the registration is valid until it is surrendered, cancelled or suspended. Only GST certificate issued to non-resident taxable person and casual taxable person have a limited validity period.