The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition made along the supply chain. It is now a single largest indirect tax levied within India on the supply of goods and services. GST advocates the charge of different tax heads such as Central GST, State GST/Union Territory (UT) GST or Integrated GST depending upon whether the supply is within or across the state/UT. Some of the advantages include a reduction of cascading effect, centralized filing portal, common e-waybill across the nation, reduced compliance when compared to the pre-GST tax regime, and smooth flow of input tax credit for the businesses.
GST registration is mandatory for-
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
All individuals or companies registered under the Pre-GST tax laws like Service Tax or Excise or VAT, etc.
| For Proprietorship Firm | For Pvt Ltd Company | One Person Company | For Partnership | For Limited Liabilities Partnership |
|---|---|---|---|---|
| Firm Name | Incorporation certificate | Incorporation certificate | Incorporation certificate | Incorporation certificate |
| PAN Card | MOA & AOA | MOA & AOA | Partnership Agreement | LLP Agreement |
| Adhar Card /Voter ID/Passport | Directors KYC ( PAN and Adhar Card) | Directors KYC ( PAN and Adhar Card) | Partners KYC( Pan Card & Adhar Card/ Voter ID/Passport | Partners KYC( Pan Card & Adhar Card/ Voter ID/Passport |
| Address Proof(Rent Agreement With Electricity Bill) | Address Proof of Company (Rent Agreement With Electricity Bill) | Address Proof of Company(Rent Agreement With Electricity Bill) | Address Proof of Partnership(Rent Agreement With Electricity Bill) | Address Proof of LLP(Rent Agreement With Electricity Bill) |
| Cancel cheque copy of entity | Cancel cheque copy of Company | Cancel cheque copy of Company | Cancel Cheque copy of Partnership | Cancel Cheque copy of LLP |
| PHOTO OF PROPRIETOR | Photo of All director | Photo of All director | Photo of All Partner | Photo of All D. Partner |
| Email ID | Email ID | Email ID | Email ID | Email ID |
| Mobile number | Mobile Number | Mobile Number | Mobile Number | Mobile Number |
| Business Activities | Board Resolution | Board Resolution | Board Resolution | Board Resolution |
| Return Form | Particular | Frequency | Due Date |
| GSTR-1 | Details of outward supplies of goods and services | Monthly | 10th of the Following Month |
| GSTR-2 | Details of inward supplies of goods and services affected | Monthly | 15th of the Following Month (Deferred till next notification) |
| GSTR-3 | Monthly return, in the case of finalization of details of outward supplies and inward supplies along with the payment of tax. | Monthly | 20th of the following month (Deferred till next notification) |
| GSTR-3B | It is a simple return in which the summary of outward supplies along with Input Tax Credit is declared and payment of tax is made by the taxpayer. ** Government of India vide Notification No. 07/2020 – Central Tax dated 03rd February, 2020, has staggered filing of Form GSTR-3B, for period of January 2020, in the manner as given below: · Turnover More than 5 Cr- 20th of the following month · Turnover up to 5 Cr :- § List A State – 22nd of the following month. § List B State – 24th of the following month. | Monthly | 20th of the following month. |
| GSTR-4 | For all the taxable person registered under the composition levy | Quarterly/ Annually | 18th of the following Quarter up to F.y. 18-19 30th of April following the relevant financial year |
| GSTR-5 | Returns for a non-resident foreign taxable person | Monthly | 20th of the following month |
| GSTR-6 | Returns for an input service distributor | Monthly | 13th of the following month |
| GSTR-7 | Returns for authorities deducting TDS | Monthly | 10th of the following month |
| GSTR-8 | Details of supplies effected through the e-commerce operator and the amount of tax collected | Monthly | 10th of the following month |
| GSTR-9 | Annual return for a normal taxpayer | Annually | 31st December of the following financial year |
| GSTR-9A | Annual return of a taxpayer registered under the composition levy anytime during the year | Annually | 31st December of the following financial year |
| GSTR-10 | Final return | Only once, when GST registration is cancelled or surrendered | Within 3 months of the date of cancellation or the date of cancellation of order, whichever is later |
| GSTR-11 | Details of inward supplies to be furnished by a person having UIN and claiming a refund | Monthly | 28th of the following month for which the statement is filed |
