Description
What is Goods & Services Tax?
GST Registration Limited Liability Partnership – Online GST Registration in India refers to Goods and Services Tax which subsumes all taxes such as Sales tax, Service tax, Excise duty etc. into GST. GST registration is required primarily if your annual sales are more than Rs. 20 Lakh*. Even if your sales are less than Rs. 20 Lakh, we suggest that you voluntarily opt for GST registration because:
- You will not get any tax refunds on purchases (e.g. if you buy goods worth Rs 1 lakh in a year, and tax rate is 28% ? you will lose tax refund of Rs. 28,000).
- You cannot sell outside your state.
Goods & Services Tax registration typically takes between 1-3 working days. You need to file your application with the department and sign it with your digital signature. GST Registration can be done through Infinity Compliance in Delhi NCR, Mumbai, Bengaluru, Chennai and other Indian states.
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About This Plan
This plan will help your business to get register under Goods & Services Tax and cater to all compliance and registration requirements along with expert advisory.
Services Covered :-
- New GST Registration
- Online GST Certificate
- 1 Month GSTR1 Filing
- 1 Month GSTR3B Filing
How It's Done
- Add service to cart
- Proceed to checkout
- Fill the information & purchase the plan
- A GST expert will mail & call you to provide documents
- After receiving documents, we will start registration process
- You will receive a mail to check the details in registration form
- After confirmation, we will submit the application
- And you will get GST Registration Certificate in 3-5 days
GST Registration of Limited Liability Partnership
Advantages of GST Registration
Supplier Onboarding – To become a supplier of reputed companies, GST registration is often times a must during the supplier onboarding process. Hence, GST registration can help you get more business.
Bank Loans – GST registration and GST return filing serve as proof of business activity and create track record for a business. Banks and NBFCs lend to businesses based on GST return data. Hence, GST registration can help you formalize your business and get credit.
Input Tax Credit – Entities having GST registration are eligible to collect GST from customer for the supply and offset the liability against GST taxes paid while purchasing various goods and services. Hence, GST registration can help you save on taxes and improve margins.
eCommerce – GST registration is a must to sell online and through various platforms like Amazon, Flipkart, Snapdeal, Zomato, Swiggy, etc., Hence, having a GST registration will allow you to sell online.
Documents required for GST Registration
Proprietorship :
- PAN Card
- Aadhar Card
- Colour Photo
- Business Address Proof (Electricity bill / Rent Agreement, etc.)
- PAN Card of LLP & Partners
- Aadhar Card of Partners
- Colour Photo of Partners
- LLP Agreement
- Certificate of Incorporation
- Business Address Proof (Electricity bill / Rent Agreement, etc.)
GST Registration of Limited Liability Partnership
Partnership Firm :
- PAN Card of Partnership Firm & Partners
- Aadhar Card of Partners
- Colour Photo of Partners
- Partnership Deed
- Business Address Proof (Electricity bill / Rent Agreement, etc.)
- PAN Card of Company & Directors
- Aadhar Card of Directors
- Colour Photo of Directors
- Certificate of Incorporation
- Business Address Proof (Electricity bill / Rent Agreement, etc.)
GST Registration of Limited Liability Partnership
WHY CHOOSE US?
Some of the best reasons to choose us are:
- Easy to get GST registration and GST Identification Number online.
- No hassle compliances as we completely take control of them.
- All your returns will be filed duly
Our legal representatives are available to explain the whole process and clear any queries you may have.
Although the GST portal has a user-friendly interface, the GST Forms have a lot of complex fields. Hence, it is highly recommended that you seek the help of a professional for submitting the application, the required procedures, filing your returns and completing other formalities in the portal.
Register now for Online GST Registration for Limited Liability Partnership in India, we provide best quality service in affordable price.
Dos & Don’ts Under GST
Dos :
- File Your GST Returns In Time
- Upload Accurate Data In GSTR-1
- Maintain Proper Documentation
- Reconcile Your Returns With Your Books Of Accounts
- Reconcile E-way Bills Issued With The Invoice Details Declared in GSTR-1
- A Comparison And Reconciliation Between Returns
- Correct And Amend Your Returns Before Filing The Annual Return
- Understand The Provisions of Reverse-Charge Mechanism
- Inform GST Authorities Of Changes In Your Business
- Get Your GST Audit Done For Turnover Above 2 Crores
Don’ts :
- Pay Tax Under The Wrong GST Head
- Categorise Zero-rated Supplies As Nil Rated Supplies And Vice Versa
- Forget To File Your Nil Return
- Apply The Wrong Tax Rates
- Pay Tax If It’s To Be Paid Under Reverse Charge
- Forget To Pay Tax On Goods Sent On Job-work (After The Expiry Of The Specified Period)
- Claim Ineligible Input Tax Credit
- Forget to Claim Transitional Credit
KNOW MORE ABOUT GST REGISTRATION FOR Limited Liability Partnership
While many Limited Liability Partnerships (businesses) have switched to GST or registered for it, many more still haven’t registered. To be eligible for input tax credits (ITCs) for taxes paid on inward supplies and to register a Limited Liability Partnership (business organisation) under the GST Law, a specific GST number (GSTIN) must be obtained from the appropriate tax authority.
A limited liability partnership, or LLP, is a type of hybrid corporate business structure that combines the benefits of a limited liability company with the adaptability of a partnership. The LLP can keep operating even if the partners decide to part ways. Even owning property and signing contracts in its own right are legal options for an LLP.
This is due to the fact that the LLP is a separate legal entity that is responsible for all of its assets, making it possible for partners’ liability to be constrained to their agreed-upon financial contribution to the LLP. Additionally, no partner is responsible for the independent or unlawful behaviour of other partners, shielding partners from joint liability resulting from another partner’s bad business judgement or misconduct.
Minimum Documents Required for the GST Registration an LLP
| Purpose | Acceptable Documents |
| Proof of Constitution of Business | Copy of Certificate of Incorporation of LLP |
| Photo of Stakeholder (Promoter / Partner) | Photo of the Partner |
| Photo of the Authorised Signatory | Photo |
| Proof of Appointment of Authorised Signatory (any one) |
|
| Proof of Principal Place of business (if self-owned) (any one) |
|
| Proof of Principal Place of business (If rented) |
Any one of the following –
|
Companies, Firms, or Individuals must register under the Goods and Services Tax (GST) through the GST Registration application process in order to benefit from input tax credit advantages.
Online registration for GST can be finished, and a Temporary Reference Number (TRN) is generated for the application, on the Goods and Services Tax website, www.gst.gov.in.
- Register with the GST Online Portal.
- Fill out the application form
- The portal verifies your information by OTP or email.
- Upload the relevant documents online
- A reference number for your application will be provided.
- Wait for the approval or in case of rejection reply and reapply again. One must supply any further evidence or explanations that may be needed.
- Once everything has been clarified, you will receive a GSTN number and GST Registration Certificate.
You can see this. There is a high risk of making mistakes during the GST Registration for Private Limited Companies process. Simply uploading the incorrect file or making a typo can result in your application being rejected. Additionally, you will waste valuable time and energy as a result of this. Therefore, leave the application process for your GST Registration to our GST Experts. We have skilled GST specialists who have finished hundreds of applications for GST Registration from customers just like you.
Goods and Service Tax is referred to as GST. It is India’s current system of indirect taxation. Every eligible business is required by the GST Regulations to obtain a GSTIN in order to collect taxes and submit them to the government via a GST Registration application.
Below is a list of the benefits of GST registration for Private Limited Company:
Taxation Services Made Simple
The Indian market was integrated and numerous indirect taxes were consolidated under one roof with the introduction of the GST.
Costs of goods and services have decreased.
The introduction of GST has reduced the cost of goods and services by eliminating the cascading effects of several VATs and taxes.
Avoids Long Taxation Services using this assistance
By registering for GST, small businesses can avoid time-consuming tax services. Businesses that provide services or sell goods and have annual revenues under 20 lakhs (in certain states) and 40 lakhs are not required to file GST returns or be registered under GST because they are exempt from paying the tax. However, these businesses can voluntarily register for GST in order to claim the benefits of GST.
Minimizes corruption and sales without receipts.
The GST was introduced to stop fraud and sales without receipts. Since the entire system is online, corruption is decreased. It also helps to lessen the burden placed on small businesses by numerous indirect taxes.
Taxation Procedures Are Consistent
Because of GST, registration can now be handled centrally. By registering, taxing processes become more uniform. Companies can easily submit their tax returns using an online method.
The reduction of tax evasion
The introduction of the GST has significantly decreased tax evasion.
Frequently Asked Questions
GST Registration for LLP refers to Goods and Services Tax which subsumes all taxes such as Sales tax, Service tax, Excise duty etc. into GST.
GST Registration is mandatory for all LLP’s with annual turnover exceeding ₹20 lakh*.
- PAN Card of LLP & Partners
- Aadhar Card of Partners
- Color Photo of Partners
- Certificate of Incorporation
- Business Address Proof (Electricity bill / Rent Agreement, etc.)
There is no government fee for GST Registration of LLP in India.
- Add service to cart
- Proceed to checkout
- Fill the information & purchase the plan
- A GST expert will mail & call you to provide documents
- After receiving documents, we will start registration process
- You will receive a mail to check the details in registration form
- After confirmation, we will submit the application
- And you will get GST Registration Certificate in 3-5 days
Every LLP registered under GST needs to file relevant GST Returns & get your GST Audit Done For Turnover Above 2 Crores.
Dos :
- File Your GST Returns In Time
- Upload Accurate Data In GSTR-1
- Maintain Proper Documentation
- Reconcile Your Returns With Your Books Of Accounts
- Reconcile E-way Bills Issued With The Invoice Details Declared in GSTR-1
- A Comparison And Reconciliation Between Returns
- Correct And Amend Your Returns Before Filing The Annual Return
- Understand The Provisions of Reverse-Charge Mechanism
- Inform GST Authorities Of Changes In Your Business
- Get Your GST Audit Done For Turnover Above 2 Crores
Don’ts :
- Pay Tax Under The Wrong GST Head
- Categorise Zero-rated Supplies As Nil Rated Supplies And Vice Versa
- Forget To File Your Nil Return
- Apply The Wrong Tax Rates
- Pay Tax If It’s To Be Paid Under Reverse Charge
- Forget To Pay Tax On Goods Sent On Job-work (After The Expiry Of The Specified Period)
- Claim Ineligible Input Tax Credit
- Forget to Claim Transitional CreditLimited Liability Partnership
On the Goods and Services Tax website, www.gst.gov.in, registration for GST can be completed online, and a Temporary Reference Number (TRN) is generated for the application.
- Register with the GST Online Portal.
- Fill out the application form
- The portal verifies your information by OTP or email.
- Upload the relevant documents online
- A reference number for your application will be provided.
- Wait for the approval or in case of rejection reply and reapply again.
- One must supply any further evidence or explanations that may be needed.
- Once everything has been clarified, you will receive a GSTN number and GST Registration Certificate.
A Professional like CA helps on following things while apply for the GST Registration & Charge Professional Fee –
- Choose the Right AO Code and Range of your State and Central Wise
- Prepare Proper Documentation like No Objection Certificate for Business Address Proof
- Reply to Govt Officer on the Notice which are seeking information about Business
- Helps on Choose the Right Reason or Option for the New Registration like Voluntary GST Registration or Ecommerce purpose etc.
- Choose Proper HSN Code or SAC Code of the business which is very important part while apply for the gst registration.
- Helps on GST Registration under Composition Scheme Options.
- Helps on Downloading your GST Registration Certificate and verify with the digital signature
- Helps on Opening a Current Bank Account on the basis of GST Registration Certificate.
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