Frequently Asked Questions
What is GST Registration ?
Starting From 1st July 2017, Many state and Central Govt indirect taxes have been subsumed in one across the country tax, i.e. Goods and Services Tax. Earlier each state has their own indirect tax such as VAT and central Govt has Services tax. There was a different set of registration was required to comply with State VAT and service tax. Now a new unified registration number called Goods and Service Tax Identification Number (i.e. GSTIN) required being taken to comply with GST. This is a major step towards One Nation One Tax Policy of Govt.
Who required GST registration?
Starting from 1st July 2017 GST Registration is mandatory requirement to do trading, manufacturing or to provide any services in India. Small traders and services providers with a turnover of less 20 lakhs (In Assam Limit is 10 Lakhs) is exempted from taking GST Registration. As per latest amendment even person dealing multistate are also allowed to carry business if their turnover is less then threshold limit of Rs 20 Lakhs.
What is covered in this Package?
In this package, We do primary consulting to explore Composition and other options to take the best possible category of GST Registration. After that, we will send you required documents list, Once received we will file same online on GST website and do necessary follow up with Department till the final GST Registration certificate is issued
How I will send documents for GST Registration?
Once we will send you Documents List as per your legal status.You need to self-attest documents and send it following ways
- Whats up documents to out client support No 9699042660
- Email scanned copy to support@aktassociates.com
- Call for documents pick up ( Currently Available in Mumbai, Thane, Navi Mumbai, Bangalore, Bhimavaram, Pune, Ahmadabad, Goa, Hyderabad. Please call to know if your location is covered for Free pick up of Documents)
- Send all documents with courier
What if my work is not done within Reasonable time?
Although We will do our best to deliver you within the timeline provided, However some circumstances are beyond our control. In case the work is not completed within a reasonable time, We will refund your full fees, without any deduction. Kindly refer our Refund Policy for more details.
What is GSTIN ?
The Registration Number Issued in GST is known as GSTN (Goods and Services Tax Number).
Who can take new GST Registration?
Every Dealer or Service Provider, Who turnover is more then 20 Lakhs need to mandatory register for GST, Apart from this every, E-Retailer, Importer or Exporter Or Interstate Dealer need to mandatory Register for it without any exemption for Rs 20 Lakh basic limit.
I am starting a new business, Is it mandatory to take GST Number?
No, It is not Mandatory as per GST Act, However, you should look for practical aspects as well, If either your Customer or Supplier Demand GST then You have to Register for GST. Further, If you are in a business of an E- Retailing, Import Export or Interstate Trade then it will be mandatory to obtain a GST number.
My Turnover is less then 20 Lakhs , Do I need to Register for GST?
Refer the Previous question.
I am a New Business owner Do I need to go for GST Migration or New Registration?
You need to go for new GST Registration, Any how migration for old Service Tax and VAT are now discontinued so, Now everyone has to go for new registration.
Is Digital Signature is mandatory for GST Registration?
No, it is not required for proprietorship, Firm but for LLP and Company Digital signature is mandatory for GST Registration. However you need not take a new Digital signature, The signature taken for Annual compliance can be used here as well.
I have Business in Multiple State do I need to registered in Each state separately?
Yes, you need to take registration in every state separately, Need to maintain accounts and records separately as well as the need to file GST return separately.
I have ST and VAT Registration, How I will get registered in GST?
From 1st July onward, all VAT and ST number has been cancelled hence, Now you need to go only for new registration for GST only.
Why AKT Associates?
Expertise - That Counts
We are handling more than 1500+ successful clients and providing them with services which covers Legal, Technical, Taxation and other business compliance part. That all says a lot on our ways of working and our expertise in the area.
Experience - That Matters
At AKT associates we have been our client’s obvious choice since more than 20 years. For serving you with the best results we use our experience of decades which has exposed us with deep understand.
Efficiency - That reflects in everything
With a strong team which comprises of experts with qualification like CA, CS, MBA & LLB and they will all available with the wholesome result, with dedicated customer service team and support staff. We are always there to execute your work efficiently.
Cost - That saves a Lot
We touch the top position not just because we are the best in what we do but also because we know the value of your time and money. We know the value of your time so all the work by AKT Associates is performed on time and at around 70% less cost in comparison to all the other leading firms of the market that too without compromising on the quality aspect.
Conveniences - That says a Lot
The services of the firm are performed and delivered by using the cutting edge technology which makes the AKT Associates always available & deliver services right in your email. So it doesn’t matter where you are because we are always at your finger tips.
