It is our responsibility to help you in applying for GST registration. We are a leading portal that comes for the assistance of GST registration for businesses. Our experts and team members complete the requirements of people. We are a fully digitalized firm, and we do 90% of our work online. The online GST registration process is simple and fast with Keyvendors.
GST refers to Goods and Service Tax implemented by The Government of India with effect from 1st July 2017. The idea of GST is all about relying on one nation's one-tax theory. The tax is applied to the various goods and services in India. One must do a GST registration to perform all types of business in India. GSTIN number is a unique registration number provided by the GST council and the Government of India. Once you get the GSTIN number for your business, your business is authenticated to run a business legally.
As per terms and regulations mentioned in the GST Act, businesses with more than 40 lakhs of turnover (10 lakhs for the North East States and Hilly Regions) must apply for GST registration. The GST registration ensures those businesses to be a taxable entity. The whole procedure is known as GST registration.
For businesses, it is compulsory to register GST to operate the business legally. If any firm functions without having GST registration, the government will penalize that organization. It is liable to be punished by the government to run a business with no registration under GST.
Generally, the GST registration process requires 3 to 7 business days. We at Keyvendors are there to assist you in the registration for GST with a simple process.
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