What is GST? GST(Goods and service tax) is a single tax system which removes all indirect taxes and creates a single market. In India, GST was applicable on July,1,2017. GST replaced all of the multiple taxes in single tax which are levied on Central and State Government. The main concept of GST is one tax one nation. There are 3 types of GST we described:-
CGST is billed on the activity of Goods or services of standard products and service which can be improved time to time by a separate group. The income gathered under CGST is for Center. IGST is charged on the movement of Goods from one state to another state. Revenue in all these processes will be shared by the state and central government as per the rate fixed by authorities. The revenue will be collected from tax under SGST is for State Government. Step by Step Process of GST Registration:- 1. First of all, Fill the part-A section of GST Reg-01 form. Provide all of the information like Mobile No, PAN number and Email id and deposit the form. 2. All documents like PAN, Mobile No, and Email id, needs to be verified on GST Portal. 3. The user will get an APN Number through mobile no. and email id. 4. After then fill the part-B of GST Reg-01 Form and same as specifying the APN Number you received. There are a lot of documents that are uploaded on the GST portal which is :
5. If more details are needed, Form GST REG-03 will be released to you. You need to reply in form GST REG-04 and get the needed details within 7 working days from the release date of invoice of form GST REG-03. 6. If you have provided all needed details via form GST REG-01 or form GST REG-04, a certification of signing up in form GST REG-06 will be released within 3 days from the date of invoice of form GST REG-01 or form GST REG-04. 7. If the received details are not acceptable, the signing up application is refused using form GST REG-05. Now after registration, you will have to file GST using GSTR-1 form. You can do it in 2 ways:
Gen GST Software is provided by SAG Infotech PVT. LTD, which is based on taxation based software. Using this you can simply file GST tax. You can get this software from SAG Infotech official website or you be a GST partner where you will a dealer of this software. You can then use it for your own GST Taxation work as well as you can also promote this software to earn extra money. If you want to know more about on GST via discussion forum, You can visit GST Forum India, Where you can ask any query related to GST and answered by GST experts. On this portal user can search their answer by category wise and get relevent answer. You can also calculate the tax and find HSN/SAC Code by this portal.
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