The government of India abolished the different taxes and introduced a single taxation scheme, the Goods and Services Tax (GST), on 01st July 2017. The GST replaced earlier indirect taxes like excise duty, VAT (Value-Added Tax), and services tax. The government has made it mandatory for businesses to register for GST, and heavy penalties will be applied to those who are conducting their businesses without a GST registration.
The whole GST registration process can be done digitally. Businesses who want their GST certificate can apply for online GST registration in Patna, Bihar. Our expert team at Compliance Ease will help you get the GST certificate in less than seven days.
GST is made up of three different tax components. The first is the Central Goods and Services Tax (CGST). CGST is levied by the central government. The second is the State Goods and Services Tax (SGST). SGST is levied by the state government. Lastly, the third is the Integrated Goods and Services Tax (IGST). IGST is levied by the central government on the supply or import of goods and services between two states.
For different business types, the list of documents necessary for GST registration online varies. Let us know the new GST registration documents necessary for the different types of businesses.