Proprietorship Registration One Point Compliance LLP - PowerPoint PPT Presentation

About This Presentation
Title:

Proprietorship Registration One Point Compliance LLP

Description:

One Point Compliance LLP is a finance company which provide all legal service at the best price. – PowerPoint PPT presentation

Number of Views:34
Slides: 8
Provided by: onepointcompliance
Category: Other

less

Transcript and Presenter's Notes

Title: Proprietorship Registration One Point Compliance LLP


1
What is the process of GST Registration in Delhi
NCR?
2
Eligibility Criteria for GST Registration in
Delhi NCR
  • Business Turnover
  • If any business has an aggregate turnover of more
    than Rs.20 lakhs, then GST registration can be
    applied. In some of the special cases, the
    turnover threshold for GST registration is Rs. 10
    lakhs. If this criterion is not fulfilled, a
    business cannot apply for the registration.
  • Inter-State Supply
  • If you are having a business which deals with in
    different states, then you should get GST
    registration even if the turnover criteria are
    met or not. GST council has recently amended a
    regulation that business owners can provide
    services up to Rs.20 lakhs intra-state or
    inter-state before getting GST registration.

3
  • E-Commerce Platforms
  • GST registration is mandated for all E-Commerce
    Platforms irrespective of its turnover. For
    example, sellers who sell products on online
    shopping websites must register themselves for
    GST in order to avoid any penalties.
  • Voluntary Registration
  • Earlier entrepreneurs who voluntarily used to
    apply for the GST registration was not allowed to
    surrender the registration till a year, but as
    per latest update, he can surrender it anytime he
    wants.

4
(No Transcript)
5
  • Types of GST registrations
  • Normal Taxpayer
  • Normal Taxpayer GST registration is best for
    those business owners who run their business
    within India. The applicant will not be asked to
    deposit any amount at the time of registration.
    Also, there would not be any expiry date for the
    registration.
  • Composition Taxpayer
  • People who wish to enroll themselves in the GST
    Composition Scheme, they can get registered as
    composition taxpayer. If you are running your
    firm in West Delhi and seeking for GST
    Registration in West Delhi as composite Taxpayer
    can simply fill the online form and get
    registered.

6
  • Casual Taxable Person
  • A person who runs a seasonal shop or planning to
    set up a stall can go with the casual taxable
    person GST registration. This type of
    registration asks the person to deposit an
    advance that is equal to the GST liability during
    it working season. It is usually provided for
    maximum 3 months and can be renewed or extended.
  • Non-Resident Taxable Person
  • A person who is living outside India and wishes
    to run his business in India need to choose
    Non-Resident Taxable Person GST registration.
    It's quite similar to the Casual Taxable Person
    GST registration when it comes to validity and
    renewable facility.

7
Thank you
Write a Comment
User Comments (0)
About PowerShow.com