Get assistance for GST Registration & Return Filing

Ourtaxpartner.com helps to apply for gst registration and gst return filing of individuals, partnership firms, private limited company and LLP . We are professional gst consulting firm practicing in Kochi, Ernakulam and Kerala. Our pricing plans for gst registrations starts from Rs. 2,000/-. We help gst holders to efile monthly GSTR - 1, GSTR - 2, GSTR - 3B, GSTR - 4, GSTR - 5, GSTR - 6, GSTR - 7, GSTR - 8 and GSTR - 9 and other gst compliance's. We help business and individuals all over in the major and minor cities in India like Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Ahmadabad, Pune , Surat, Kochi etc. for GST advisory services. Helps the entrepreneurs to apply / file online applications for GST Registration Certificate. We assure the best gst consulting services and practices for our clients.

GST Registration  

from Rs. 2,000/-
arrow&v

We offer best price for GST Registration and Return Filing Services

GST Registration & GST Return Filing

Goods & Service Tax (GST) is an Indirect Tax reform newly introduced in the Indian Indirect Tax System. It is introduced for developing Indian market across the world market. It is also a part of One Nation One Tax Reform. It is a destination based tax. It introduced by consolidating various existing tax like Central Excise, Service Tax, State Vat, Entry Tax, Octroi etc. GST Registrations is applicable to all forms of business like proprietorship, partnership firms, private company and LLP. Now these competitive market gst registration is an unavoidable factor for running, even a small business in India. GST Registration helps the small, micro and medium business to explore the opportunities to do business with corporate companies in India. So, growth and development of every business have directly proportional to Goods and service tax of the Country. 

Every business who registered under the GST Act must report their sales, purchase, input tax credit and output tax payable to GST authorities on monthly or quarterly basis as applicable through the common portal for GST, this process is called GST Return Efiling.  And the GST return filing is mandatory for every GSTN holder, even small or big enterprises. GST Registration and Return filing in Kochi and Ernakulam is now simple with Ourtaxpartner.com. 

As per gst rules a person who have turnover more than the specified limit will get register under the GST portal https://www.gst.gov.in/.  Now the limit of turnover is 40 lakhs. The process of submitting an online application named Form GSR REG 01 is called GST REgistration.  GST registration usually takes 3 to 7 working days and get the GST Certificate online.

Every GSTN (Goods and Service Tax Number) holder must file monthly sales data, purchase data, input tax credit data and other information as required by the Goods and service Tax Rules. For submitting this data gst department issued various GSTR forms like GSTR - 01, GSTR -02, GSTR -03, GSTR - 3B, GSTR - 04, GSTR - 05, GSTR - 06, GSTR -07, GSTR - 08 and GSTR -09. The process  submission of this forms to GST online portal is called GST Return Filing.

The various objectives of GST are :

  1. Avoiding cascading affect of various indirect taxes like central Excise, Service Tax, Central Vat & State Vat

  2. Reduce multiplicity of indirect taxes.

  3. Eliminate distinction between Goods & Sevices

  4. Remove barriers in interstate movement of goods.       

Who should apply for New GST Registration?

Any supplier of goods and service provider of services who makes a taxable supply with an aggregate turnover of over Rs.40 lakhs in a financial year is required to obtain GST registration. In special category states, the aggregate turnover criteria is set at Rs.10 lakhs. in simple words every business whose taxable supply of goods or services under GST (Goods and Service Tax) and whose turnover exceeds the threshold limit of Rs. 40 lakh / 10 Lakh as applicable will be required to register as a normal taxable person. Every person who intent to Import Export business in India must register under GST (DGFT-GST FAQ).​

  • Persons registered under the Pre - GST Law (eg. VAT, Excise, Customs and Services Tax)

  • Persons having Turnover above the specified limit by GST Rules

  • Agents of a supplier / Input Service Distributor

  • Those liable to pay tax under RCM (Reverse Charge Mechanism) 

  • Persons who supply product through e-Commerce Operator

  • E-Commerce Operator

  • Casual Taxable Person / Non Resident Taxable Person 

Documents required for apply Fresh GST Registration

  • PAN of the Applicant

  • Aadhaar card

  • Proof of business registration or Incorporation certificate

  • Identity and Address proof of Promoters/Director with Photographs

  • Address proof of the place of business

  • Bank Account statement/Cancelled cheque

  • Digital Signature

  • Letter of Authorization/Board Resolution for Authorized Signatory

Introduction to GSTR Forms & Return Filing

Every GSTN holder must file GST Return as per the Goods and Service Tax Rules. You can get the help of GST Practitioner to file the GST Returns properly and accurately. Ourtaxpartner.com assist accountants, individuals, business and all other institutions to file gst return and other gst compliance's. Outsource your monthly gst returns filing's at Ourtaxpartner.com. We help to simplify your GST compliance's and GST Return Filing. GST Return filing in Kochi and Ernakulam is now easy at Ourtaxpartner.com. 

Know the important GSTR Forms : 

1. GSTR 3B   : Since GSTN System is not fully operational, the tax would be payable based on the simple return called GSTR 3B. We need to enter only the summary of Sales, Purchase and Input Tax Credit for the month. The return will be submit before 20th of the succeeding month.  Now GSTR 3B is only used for payment of GST Liability. 

2. GSTR 1    : GSTR 1 is the form used to file sales data for the month. The invoice wise details of sales data must be given in the Form. The return will be filed on both monthly and quarterly basis. The due date for filing GSTR 1 is 11th of the succeeding month for monthly filing and 30th of succeeding month from end of the quarter. 

 

GST Registration & Return Filing Pricing Plans

GST Registration

Plan 1

Rs. 2,000/-

GST Registration for Individuals, Partnership Firms, Private Limited Company and LLP. Inclusive of all fees and taxes. Package includes GST Registration only

Plan 2

Rs. 2,700/-

GST Registration for Individuals, Partnership Firms, Private Limited Company and LLP. Inclusive of all fees and taxes. Package includes GST Registration and one Digital Signature.
 

Plan 3

Rs. 4,300/-

GST Registration for Individuals, Partnership Firms, Private Limited Company and LLP. Inclusive of all fees and taxes. Package includes GST Registration and one Digital Signature and Income tax filing under Presumptive Taxation.

GST Return Filing

Plan 1

Rs. 1,500/-

For Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales invoices less than 25 per month. Monthly Charges

Plan 2

Rs. 2,000/-

For Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales invoices in between 25 - 50 per month. Monthly Charges

Plan 3

Rs. 4,500/-

For Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales bills less than 50 per month, total voucher entries less than 150 per month. Package includes GST Filing and accounting. Monthly Charges

Plan 4

Rs. 2,000/-

For Non Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales invoices less than 125 per month (B to B). Monthly Charges

Plan 5

Rs. 3,000/-

For Non Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales invoices in between 125 - 250 per month (B to B). Monthly Charges

Plan 6

Rs. 6,500/-

For Non Service Sector

Applicable to individuals, partnership firms, company & llp having number of sales bills less than 125 per month, total voucher entries less than 300 per month. Package includes GST Filing and accounting. Monthly Charges

 

What is Goods and Services Tax (GST)?


Goods and Service Tax (GST) is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer. GST Registration in Kochi, GST Registration service provider in Kochi and Ernakulam. We serve traders and service providers in Kochi and ernakulam to register under GST Portal online. Our GMB page url is https://g.page/Ourtaxpartner-com_Cochin?share.




Which of the existing taxes are proposed to be subsumed under GST?


The GST would replace the following taxes: (i) taxes currently levied and collected by the Centre: Central Excise duty Duties of Excise (Medicinal and Toilet Preparations) Additional Duties of Excise (Goods of Special Importance) Additional Duties of Excise (Textiles and Textile Products) Additional Duties of Customs (commonly known as CVD) Special Additional Duty of Customs (SAD) g. Service Tax Central Surcharges and Cesses so far as they relate to supply of goods and services (ii) State taxes that would be subsumed under the GST are: State VAT Central Sales Tax Luxury Tax Entry Tax (all forms) EntertainmentandAmusementTax(exceptwhen levied by the local bodies) Taxes on advertisements Purchase Tax Taxes on lotteries, betting and gambling StateSurchargesandCessessofarastheyrelateto supply of goods and services The GST Council shall make recommendations to the Union and States on the taxes, cesses and surcharges levied by the Centre, the States and the local bodies which may be subsumed in the GST GST Return Filing in Kochi, GST Return Filing Service Provider in Kochi and Ernakulam. We help traders and Service providers in Kochi and Ernakulam to file GST monthly returns online. Our GMB page url is https://g.page/Ourtaxpartner-com_Cochin?share. GST Annual Return filing, GST Audit support GSTR 9, GSTR 9A, GSTR 9B and GSTR 9C




Which are the commodities proposed to be kept outside the purview of GST?


Article 366(12A) of the Constitution as amended by 101st Constitutional Amendment Act, 2016 defines the Goods and Services tax (GST) as a tax on supply of goods or services or both, except supply of alcoholic liquor for human consumption. So alcohol for human consumption is kept out of GST by way of definition of GST in constitution. Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out and GST Council shall decide the date from which they shall be included in GST. Furthermore, electricity has been kept out of GST.




What type of GST is proposed to be implemented?


It would be a dual GST with the Centre and States simultaneously levying it on a common tax base. The GST to be levied by the Centre on intra-State supply of goods and / or services would be called the Central GST (CGST) and that to be levied by the States/ Union territory would be called the State GST (SGST)/ UTGST. Similarly, Integrated GST (IGST) will be levied and administered by Centre on every inter-state supply of goods and services.




Why is Dual GST required?


India is a federal country where both the Centre and the States have been assigned the powersto levy and collect taxes t h r o u g h a p p r o p r i a t e legislation. Both t h e l e v e l s of Government have distinct responsibilities to perform according to the division of powers prescribed in the Constitution for which they need to raise resources. A dual GST will, therefore, be in keeping with the Constitutional requirement of fiscal federalism.




How a particular transaction of goods and services would be taxed simultaneously under Central GST (CGST) and State GST (SGST)?


The Central GST and the State GST would be levied simultaneously on every transaction of supply of goods and services except the exempted goods and services, goods which are outside the purview of GST and the transactions which are below the prescribed threshold limits. Further, both would be levied on the same price or value unlike State VAT which is levied on the value of the goods inclusive of CENVAT. While the location of the supplier and the recipient within the country is immaterial for the purpose of CGST, SGST would be chargeable only when the supplier and the recipient are both located within the State. Illustration I: Suppose hypothetically that the rate of CGST is 10% and that of SGST is 10%. When a wholesale dealer of steel in Uttar Pradesh supplies steel bars and rods to a construction company which is also located within the same State for, say Rs. 100, the dealer would charge CGST of Rs. 10 and SGST of Rs. 10 in addition to the basic price of the goods. He would be required to deposit the CGST component i n t o a C e n t r a l G o v e r n m e n t a c c o u n t w h i l e the SGST portion into the account of the concerned State Government. Of course, he need not actually pay Rs. 20 (Rs. 10 + Rs. 10) in cash as he would be entitled to setoff this liability against the CGST or SGST paid on his purchases (say, inputs). But for paying CGST he would be allowed to use only the credit of CGST paid on his purchases while for SGST he can utilize the credit of SGST alone. In other words, CGST credit cannot, in general, be used for payment of SGST. Nor can SGST credit be used for payment of CGST. Illustration II: Suppose, again hypothetically, that the rate of CGST is 10% and that of SGST is 10%. When an advertising company located in Mumbai supplies advertising services to a company manufacturing soap also located within the State of Maharashtra for, let us say Rs. 100, the ad company would charge CGST of Rs. 10 as well as SGST of Rs. 10 to the basic value of the service. He would be required to deposit the CGST component into a Central Government account while the SGST portion into the account of the concerned State Government. Of course, he need not again actually pay Rs. 20 (Rs. 10+Rs. 10) in cash as it would be entitled to set-off this liability against the CGST or SGST paid on his purchase (say, of inputs such as stationery, office equipment, services of an artist etc.). But for paying CGST he would be allowed to use only the credit of CGST paid on its purchase while for SGST he can utilise the credit of SGST alone. In other words, CGST credit cannot, in general, be used for payment of SGST. Nor can SGST credit be used for payment of CGST




What are the benefits available to small tax payers under the GST regime?


Tax payers with an aggregate turnover in a financial year u p t o [Rs.20 lakhs & Rs.10 Lakhs for NE and special category states] w o u l d b e e x e m p t f r o m tax. Further, a person whose aggregate turnover in the preceding financial year is less than Rs.50 Lakhs can opt for a simplified composition scheme where tax will payable at a concessional rate on the turnover in a state. [Aggregate turnover shall include the aggregate value of all taxable supplies, exempt supplies and exports of goods and/or services and exclude taxes viz. GST.] Aggregate turnover shall be computed on all India basis. For NE States and special category states, the exemption threshold shall be [Rs. 10 lakhs]. All taxpayers eligible for threshold exemption will have the option of paying tax with input tax credit (ITC) benefits. Tax payers making inter-State supplies or paying tax on reverse charge basis shall not be eligible for threshold exemption.




How will the goods and services be classified under GST regime?


HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods under the GST regime. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2-digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4-digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices. Services will be classified as per the Services Accounting Code (SAC)




How will imports be taxed under GST?


Imports of Goods and Services will be treated as inter-state supplies and IGST will be levied on import of goods and services into the country. The incidence of tax will follow the destination principle and the tax revenue in case of SGST will accrue to the State where the imported goods and services are consumed. Full and complete set-off will be available on the GST paid on import on goods and services.





 
 

What are the various categories of GST Registration ?

Persons listed under the following categories are required to take registration under GST regime. Every person come under the below category mandatory  registered under GST Portal. You can avail 24 * 7 hours services from Ourtaxpartner.com for GST Registration, Monthly Return Filing and all other statutory compliance's associated with GST Act and Rules. GST Registration in Kochi and Ernakulam is now with Ourtaxpartner.com ; best gst consultants in Kochi, Kerala.

  • A person whose aggregate turnover exceeds Rs.40 lakh (Rs.10 lakh in case of special category states) in a financial year.

  • Every person who is registered under an earlier law shall take registration under GST.

  • Where a business which is registered has been transferred to someone, the transferee shall take registration with effect from the date of transfer.

  • Anyone who makes inter-state supply of goods and/or services.

  • Casual taxable person

  • Non-Resident taxable person

  • Agents of a supplier

  • Those paying tax under reverse charge mechanism

  • Input service distributor

  • E-commerce operator or aggregator

  • Person who supplies via e-commerce aggregator

  • Person  supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

How to apply GST Registration at https://reg.gst.gov.in?

An Online application has to be submitted through the common portal of GST (GSTN) within 30 days from the date when liability to register arose. The online application for GST Registration shall be submitted through the website, www.gst.gov.in. The Casual and Non-Resident taxable persons need to apply for GST Registration at least five days prior to the commencement of the business. Ourtaxpartner.com assist you to take GST Registration online at Rs. 1,200/-. We are specialized GST Consultants practicing in Kochi, Ernakulam and Kerala. Here we support traders and service providers for GST Registration, GST Return Filing, E-Way bill generation, GST Annual Return Filing and GST Audit services.    

 

If a trader has Multiple Business Verticals in a state, separate GST registration for each shall be taken. Those who are not liable to take GST registration are also eligible to register under the gst portal. Traders who apply for GST registration must have PAN card. Those who have tax deduction in the source must have TAN (Tax Deduction and Collection Account Number) along with PAN.

 2023 by www.ourtaxpartner.com. Proudly created with PEAK bcs

  • Ourtaxpartner.com - Pinterest Page
  • Ourtaxpartner.com - LinkedIn page
  • Ourtaxpartner.com - Instagram
  • Ourtaxpartner.com Facebook Page
  • Ourtaxpartner.com Twitter page
  • Ourtaxpartner.com Google plus Page

Registered Office

Ourtaxpartner.com
Ground Floor, Thapovan Building,
Palarivattom - Edappally Road, Edappally,
Near St. George's Forane Church,
NH 66 & NH 544, Kochi - 24, Ernakulam, Kerala, India  
Landmark : Near Lulu Mall Kochi, St. Georege's Forane Syro Malabar Church and Maha Ganapathi Temple, Edapally
Tel : +91 949 635 3692
Info : info@ourtaxpartner.com