Overview
Any business offering the sale of goods with an annual turnover of 40 lakhs or services with an annual turnover of 20 lakhs would require registration for GST. GST has 3 tax components- Central Goods and Services Tax (CGST), and State Goods and Services Tax (SGST) where the center and state will levy GST on all entities.
Benefits
1. Interstate sales without restrictions.
2. Expansion of business online.
3. Get Input Tax Credit.
4. Helps in opening a current account.
Deliverables
1. GSTIN Number Provisional.
2. GST Certificate
3. UserName & Password for GST Login.