Direct Tax Services
Select Your Location
GST registration in Bangalore is compulsory for businesses having an aggregate turnover of more than Rs. 40 lakhs and Rs. 20 lakhs for hilly and north-eastern states. In this article, you will find all about the procedure to register GST in Bangalore.
Table of Contents
GST registration in Bangalore is necessary for businesses dealing within or outside the state or even outside the country. GST is the only indirect tax applicable in the country from July 1, 2017.
A business carrying out a supply of taxable goods or services in Bangalore, making a turnover that exceeds Rs. 40 lakhs and Rs. 20 lakhs for special cases are required to have GST registration.
The process of GST registration is simple and easy and is available both online & offline.
Here is a list of documents required for different types of companies or firms.
Type of company or firm
Sole proprietorship firm
· ID proof of the proprietor
· Address proof of the proprietor
· Address proof of the office
· Bank account details
Partnership or LLP
· PAN details of the business or applicant
· Aadhar card of all the directors
· MoA , AoA & Incorporation Certificate
· Partnership Deed or LLP certificate
Private limited company
The following are the benefits or advantages of GST registration in Bangalore:
There are two types of GST registration:
One can register GST through an online government portal or by visiting at nearest GST Seva Kendra.
The steps for GST registration in Bangalore are:
A company that has not registered under GST is not paying taxes is liable to pay 10% of the due amount minimum of Rs. 10,000 as penalty.
A penalty of 100% of the tax amount is levied upon deliberately evading payment of taxes.
GSTIN is a unique number that is obtained by businesses carrying out the supply of taxable goods & services. It is important to have a GSTIN to become GST compliant and file GST returns.
The process of GST registration is available both online and offline, and it is a very simple process.
Read our article:How to Apply For GST Registration in Mumbai
Completed BA LLB from JEMTEC, School of Law, Greater Noida (Affiliated to GGSIP University, New Delhi). I have an experience of about 2 years in various fields of corporate laws, but I have a keen interest in researching on legal issues and to gain knowledge. I always strive to bring the best to work on what I do.
Many investors use fixed deposits as their primary investment vehicle. Investors with a high-ri...
The main idea of CDS, which was initially to give banks a way to transfer credit exposure, has...
Black money has been the subject of heated political debate in India for a long time. Successiv...
The Apex Court pronounced a judgement in the case titled Tata Motors Vs The Brihan Mumbai Elect...
Since economies are moving towards digitalisation and making it feasible to conduct transaction...
The Alternative Investment Funds (AIFs) Pro-rata and Pari-Passu Rights Proposal Consultation Pa...
The Financial Action Task Force, i.e. FATF (the Force), is the global money laundering and terr...
Advance tax refers to the payment of the tax liability before the end of the relevant financia...
On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case ti...
Money laundering can be defined as the process of illegal concealment of the origin of money ob...
Are you human?: 4 + 9 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
In this article, we will look into the various aspects of GST registration in Kolkata. GST registration in Kolkata...
06 May, 2021
The long wait for the new Goods and Services Tax (GST) anticipated by the government of India with the 122nd consti...
25 Oct, 2017
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!
Chat on Whatsapp
Hey I'm Suman. Let's Talk!