GST Registration For Sole Proprietorship Firm

GST Registration For Sole Proprietorship Firm


GST is the new tax law which replaced all the indirect tax applied on the goods and services in India. GST registration is also needed for the proprietorship firms. So in this article we cover all your doubts regarding the gst registration for sole proprietorship firm.

What is Sole Proprietorship Firm?


Sole proprietorship firm is all that businesses where a single person runs the business and personally liable for all the liabilities occurs in their enterprises. This is the general business form running in India and it is normally not considered as a legal entity.

When a Sole proprietorship Firm Requires GST Registration?


There are certain conditions where a sole proprietorship firm needs an GST registration.

  • If your business turnover exceeds Rs 40 lakhs for business and 20 lakhs for services.

  • If you are dealing in more than one state or country.

  • If you engaged in any online business.

  • If you are paying before any kinds of service tax like VAT, excise duty, etc.

How to Apply GST Registration for Sole Proprietorship Firm?


Process to apply for GST registration for a proprietorship firm is very easy and simple. Just follow the below mentioned procedure for hassle-free registration:

Step 1: Firstly, visit our GST Portal.

Step 2: Just fill the Application Form for GST and click on the submit button.

Step 3: Upload all the required documents as needed.

Step 4: Make the payment online for your GST application.

Step 5: One of our Registration experts will check your form details and documents and process it after all your details are verified.

Step 6: Within a few working days you will receive your GSTIN number on your registered email address.

Documents Required for GST Registration of proprietorship firm


Please check all the below mentioned documents for problem-free registration for your proprietorship firm:

  • Aadhaar Card

  • PAN Card

  • Business Address Proof

  • Bank Statement Details

  • Rent Agreement

  • MSME Registration Documents

Why Should You Register your Sole proprietorship Firm Under GST?


Below we mention some main reasons for applying GST for proprietorship firm.

  • After registering under GST you will get legal identity for your proprietorship business from the government.

  • You can easily open a current bank account for your business.

  • If you have gst then you will be eligible for various government benefits.

  • You can get the benefits of input tax credit.

  • You have complete financial control over your sole proprietorship firm.


If you face any kind of issue then you can just fill our complaint form and we will contact you soon with the solution.

Other Related Latest Post
  • Apply For GST Registration
  • What is GST? How does GST work?
  • Online GST Registration
  • GSTIN : Identification Number for GST
  • ?????? ?????? : ???? ?? ?? ???? ???
  • GST Registration Online, Process, Eligibility, Fees, Process Guide
  • GSTIN in Hindi : ???? ?? ?? ??? ???? ??????? ????


DUE DATES
GSTR-3B(JUL, 2019)
AUG 20TH, 2019
CMP-08(APR-JUN, 2019)
AUG 31ST, 2019
GSTR-5(JUL, 2019)
AUG 20TH, 2019

GSTR-5A(JUL, 2019)
AUG 20TH, 2019
GSTR-6A(JUL, 2019)
AUG 13TH, 2019
GSTR-7(JUL, 2019)
AUG 31ST, 2019

GSTR-8(JUL, 2019)
AUG 10TH, 2019
GSTR-9(2017-2018)
AUG 31ST, 2019
GSTR-9A(2017-2018)
AUG 31ST, 2019

RFD-10
EIGHTEEN MONTHS AFTER END OF THE QUARTER FOR WHICH REFUND IS TO BE CLAIMED

GSTR-1(JUL-SEP, 2019)
OCT 31ST, 2019
GSTR-1(JUL, 2019)
AUG 11TH, 2019


TALK TO US

HOME | ABOUT US | CONTACT US

GST REGISTRATION | CHECK GST RETURN | GET DOCUMENT REQUIRED | GST DUE DATES
GST RATE / HSN / SAC CODE

TERMS & CONDITIONS | PRIVACY POLICY | REFUNDS
facebook logo
0
Guest
Loading...