GST 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 10 lakh in a year, and tax rate is 18% – you will lose tax refund of Rs. 1,80,000).
• You cannot sell outside your state.

GST registration typically takes between 2-6 working days. You need to file your application with the department and sign it with your digital signature.

• PAN Card of Owner/Directors/ Partners.
• Bill of Electricity/Telephone, Rent Agreement or Letter of Consent (NOC).
• MOA/AOA or Partnership Deed
• Letter of Authorisation for Signatory.
• Bank statement/ Cancelled Cheque.
• Aadhar Card of owners/ directors/ partners.
• Passport Size Photo of Owner (In case of Proprietor)

MSME stands for Micro, Small and Medium Enterprise. MSME or SSI enterprises are the foundation of any economy and are an engine of economic growth, advancing impartial improvement for all. MSME registration or SSI registration online helps businesses avail multiple government subsidies and benefits MSMED Act.

The benefits of MSME registration include priority sector lending, power tariff subsidies, capital investment subsidies and excise and direct tax exemptions.

All the manufacturing enterprises which have invested less than 10 crores in machinery and plant are allowed to be registered as MSME. In service enterprises, the investment in plant and machinery should not be more than 5 crores.

• Copy of Aadhar Card of Proprietor/Directors/Partners as the case may be.
• Copy of PAN Card of Proprietor/Directors/Partners as the case may be.