GST Registration in Lucknow

Benefits of GST Registration in Lucknow

Given below are the significant benefits of GST registration in Lucknow-

• A single uniform tax on Goods and services across the country
• Eliminates the Cascading effects of Taxes
• Enhanced Exemption limit for Small Goods and service provider
• Small traders benefit from the Composition Scheme
• Fewer Tax compliances as the number of Tax returns to be filed under GST
• The entire registration and compliance process in GST is Online
• Manages Unorganized Businesses

Eligibility Criteria for GST Registration in Lucknow

Have a look at the eligibility criteria for GST registration in Lucknow-

• Anyone filing taxes in Lucknow having a turnover of more than Rs 10 Lakhs
• Businesses engaging in inter-state taxable supplies
• Casual and Non-Resident Taxable Persons
• Who is required to pay tax under the reverse charge mechanism
• Voluntary registration for availing input tax credit or business expansion

Who is Required to Register for GST Online in Lucknow?

The following persons are required to register for GST online in Lucknow-

• Any business whose aggregate turnover in a financial year exceeds Rs 20 lakhs (Rs 10 lakhs for special category states in GST).

Note- This clause does not apply if the entity is only dealing in the supply of goods/services that are exempt under GST.

• Every person who is registered under an earlier law of taxation (i.e., Excise, VAT, Service Tax, etc.)
• Needs to get registered under Goods and Service Tax
• Any entity or supplier dealing in inter-state supply of goods.
• Casual taxable person
• Non-Resident taxable person
• Agents of a supplier
• Person paying tax under the reverse charge mechanism
• Input service distributor and its agent
• E-Commerce operator or aggregator*
• A Person who supplies through an E-commerce aggregator.
• Entities who are providing online information, acquiring database, or retrieval services from a place located outside India to a person in India, other than a registered taxable person.

Note- Here, the Person includes Sole proprietor, Individual, Partnership firm, company, LLP, an AOP/ BOI, HUF, any corporation or Government company, body corporate incorporated under laws of a foreign country, co-operative society, regional authority, administrative authority, trust, an artificial juridical person.

How to Register for GST Online in Lucknow?

The process mentioned below will give you a clear understanding of how to apply for GST registration online in Lucknow. Check out the 5 easy steps through which we will help you register for GST online in Lucknow-

• Talk to our GST registration consultants in Sikkim. And get your queries resolved.
• Provide essential business details such as the name of the business, PAN Card details, etc.
• Our experts will contact you and assist you with GST registration in Sikkim. After filling out the forms, you will get an OTP.
• After the successful verification takes place, you will get the ARN (Application Reference Number).
• After successful GST registration, you will get the certificate.

Penalty for Failure to Register for GST Online in Lucknow

• Late fee of Rs,100 per day, per Act (Rs 200 per day for CGST and SGST)
• A penalty of 10% of the tax due, subject to a minimum of Rs,10,000.
• Imprisonment of up to six months for wilful evasion of GST.

Register for GST online in Lucknow and get rid of penalties and fines.

GST Registration Charges in Lucknow

Consult with our expert at Corpbiz and know the accurate GST Registration charges in Lucknow. We streamline your GST registration process by offering end-to-end guidance.

Timeline for GST Registration in Lucknow

GST registration in Lucknow is mandatory for certain businesses to maintain legal, regulatory, and operational transparency. The timeline for getting GST registration approval is 7 to 10 working days. Completing the entire registration process might take a maximum of 30 days.

Reasons to Trust Corpbiz for GST Registration in Lucknow

Corpbiz team is at your service in fulfilling all the compliances required under GST Laws in Lucknow. Our team will help you ensure complete & successful GST Registration in Lucknow by providing the best Pre GST and Post GST Services. Our clients are pleased with our GST registration services in Lucknow as we provide a Portfolio of services that makes it easy for our clients to comply with the tax regime.

Here are the reasons why businesses trust us for GST registration in Nagaland:

• Successfully Processed 2000+ GST Applications in Lucknow
• Over a Decade of Experience Assisting Businesses and Professionals
• No Hidden Charges, 100% Transparency in Pricing Guaranteed
• Comprehensive Documentation Assistance for GST Registration in Lucknow
• Leading the Market with a 65% Share in GST Registration Services
• Ensured Compliance Burden Reduction by up to 25%
• Ongoing Support Post-Registration
• 99% Success Rate, Best in the State