GST is known as Goods and Services tax which is levied on the supply of Goods and Services under the Goods and Services Tax Act which was passed in the parliament on 29th March 2017. GST Registration Certificate is a valid document which is considered as the proof for registering under GST in India.
What is a GST Registration Certificate and its Use?
As per the GST Act, every taxpayer who is registered under GST is issued a GST Registration Certificate in the form of GST REG-06, in that certificate there is a GSTIN Number (Goods and Service Tax Identification Number) which is unique for each and every taxpayer and is allotted by the central government.
Business entities in India whose turnover exceeds 20 lakhs in case of service providers and 40 lakhs in case of goods suppliers must pay tax amount; GST advantage of higher threshold has helped many small traders/service providers. GST Registration can be easily done through the GST portal (www.gst.gov.in) and there is no time limit for the expiry of the certificate and the same can be downloaded from the GST portal.
The purpose of registering business under GST Law is to collect tax from business entities on behalf of the government and to avail input tax credit for taxes on his inward supplies. The registration certificate for a casual taxpayer is valid for ninety days and the certificate. It is mandatory for the taxpayer to display the GSTIN Number and certificate in name boards and business premises.
read more :- Join Digital India
Format of a GST Registration Certificate
Contents of the main certificate is as follows ;
The Annexure A contains the list of Additional places of business, if mentioned at the time of GST Registration
The Annexure B contains the list of persons in charge of the taxpayer
Table of Contents
Step 1: visit GST portal and login
Step 2: Go to Services – user services – view/download certificate
Step 3: click on the option download
Step 4: open the downloaded pdf document and take a printout of the same.
The Main benefits of the GST Certificate are as follows
The GST Registration Certificate is proved to be a valuable asset to the entity as it is considered as the legal entity registration. Thus, the Registration certificate has added value to the companies in overall India.
read more :- Join Digital India
When you think about Canada, what comes to mind? Perhaps maple syrup, hockey, or the…
Euro 2020: everything you need to know about the situation in the groups The September…
In the past, buying cannabis could be intimidating, time-consuming, and even illegal in some places.…
Anabolic steroids have been used by athletes and bodybuilders for decades to improve strength, performance,…
1xBet, a bookmaker that has gained significant traction in the online betting industry, presents a…
If you are looking for a way to boost your muscle growth and overall athletic…