GST (Goods and services tax) is basically an indirect tax, which has replaced many indirect taxes in India. It was actually passed in Parliament on 29th March, 2017 but the Act came into force on 1st July 2017 in India. GST is defined as consumption tax, where those engaged in business whose annual turnover exceeds Rs. 40 lakh are required to register as a general taxable person. These regulations apply to all people who buy good and services at the same rate in India.
In addition, if a trader was purchased for sale by a customer, the business can claim input tax credit to set the GST liability. Therefore, the GST liability is pushed to the end consumer through the use of input tax credit mechanism. It generally takes 2-6 working days to complete the process of registration of GST. All you need to do is file an application form with the department and sign up with your digital signature.
But it can also be done through legal channels. Here, we excel in reducing the burden of a lengthy registration process. Our expert team will guide you on how you can get GSTIN in a hassle-free way. You can apply for your GST number mainly in Delhi NCR, Mumbai, Bengaluru, Chennai, and other Indian cities.