Tax Home - Who should register for GST?

In today's blog, you will read about the topic 'who should register for GST?' The leading service provider of GST in Preet Vihar is here to help you to register for GST and solve your GST registration issues. Go through this blog and make yourself clear about the biggest tax problem GST.

GST is an indirect tax and it is levied on goods and services, which helps to replace the multiple cascading taxes that is levied by the central and state government. It is a comprehensive, multistage and destination based tax which is levied on every value addition. The GST mechanism is an advancement of the VAT system. It helps to improve the collection of taxes and boosts development of the Indian economy by removing the tax barriers. This blog will clear your confusion about GST.

Now, I have a few points that tell you about the GST registration and suggest 'should you register for GST or not'.

·         Small supplier

You are a sole proprietor and your total expense and tax supplies are less than Rs. 30, 000. If you are a partnership or corporation, public service body and If you are a small supplier then you don't need to register for GST.

·         Voluntary Registration

If you are the small supplier that means you are engaged in a commercial activity. You can opt for voluntary registration and you have to charge and remit GST on your taxable supplies of goods and services.

·         Effective date for registration

This date depends on when you exceed the amount of small supplier in one calendar quarter. If you exceed this threshold amount in a calendar quarter, then you are considered a small supplier. The effective date for registration gives you 29 days from the day to apply for registration.

So, by reading these points, you will surely understand about the GST registration. Don't confuse and make yourself clear about the GST registration. One of the best service providers of GST, FSSAI and SSI registration in Delhi is Tax Home. Say hello to Tax Home, which will surely help you to register with GST easily and helps to solve your business issues.