GST Registration Consultant in Ernakulam

Goods and Services Tax (GST) is where every direct and indirect taxes such as VAT, Service Tax, Central exercise duty, etc are consolidated and brought under one single taxation. Organisations/Companies whose turn over exceeds more than 20 Lakhs should register for GST in India. Besides, the companies who run businesses across states should register for GST in Ernakulam, regardless of the turnover. Why do I need GST Registration in Ernakulam? Firstly, it is an offence if you haven’t registered for GST in Ernakulam. You are legally required to register and do GST filing in Ernakulam for your business. The GST governing body can impose hefty fine if you’re not registerd for GST in Ernakulam. Secondly, you will be missing out on more opportunities for your business, such as You cannot work with many companies and businesses as they require a GST number. Reduced purchase cost if your company is registered under GST in Ernakulam. Business can be expanded all over India without any hassle Now that, most of the transactions are happening online, you can register for a bank account and remove the barrier which invites more customers. Once you register for GST, there are more benefits that you can take advantage of. Besides, GST registration fee in Ernakulam is just free, you don’t have to pay any registration fee to apply for GST in Ernakulam. Documents required for GST Registration in Ernakulam There are only very few documents that are required for GST registration in Ernakulam. PAN card of the business or the Applicant Address Proof of the business Identity & Address proof of the Promoters Bank account details