GST Portal Login – An Intro

The Goods and Services Act was introduced in parliament on 29 March 2017 and was come into force on 1st July 2017, GST India Online denotes to the “Goods & Services Tax” services offered in India. GST India Online is the biggest indirect tax reform of India the aim of this Act is to ensure a single taxing system that means one nation one tax, this one nation one tax theory will tremendously enhances the ease of doing business and will increase the accesses base in India by fetching in millions of small businesses in India. GST Portal Login is the services offered by the GST website to provide various GST related services such as GST registration in India, payment of GST, contains a list of GST rates in India, uploading of invoices, Apply for GST number etc.

By abolishing and listing multiple taxes into a single system, the tax implications would be reduced while tax base is enlarged substantially. GST India Online amalgamates all the indirect taxes. The rationale behind the amalgamation is to reduce the tax liability of taxpayer, earlier indirect tax structure comprises of many different taxes such as: –

  1. a) Central Tax such as levied by the Central government (which includes central sales tax, Excise Duty etc.),
  2. b) State Tax levied by the various state government (VAT, Service Tax, Octroi now GST is the sole indirect tax on the supply of the Goods and Service.  

GST India Online subsumed taxes like Central Excise tax, Service Tax, VAT, Entry Tax, etc. GST being a tax on the event of “supply”, every supplier needs to get GST registration India. GST registration in India can be availed by visiting GST portal login at www gst gov in. However, a small business having all Indian aggregate turnovers below Rupees 20 lakh (10 lakh if the business is in Assam, Arunachal Pradesh, J&K, Himachal Pradesh, Uttarakhand, Manipur, Mizoram, Sikkim, Meghalaya, Nagaland or Tripura) need not to register on the GST portal login at gst gov in.

Introduction of the GST in Indian indirect tax regime is a significant step, the aim of the GST India online is to reduce the cascading effect. Cascading effect refers to the charging of tax over tax. GST India eliminates the cascading effect of the tax that was seen earlier. It is so because, under GST registration India, the indirect taxes are managed in such a way that all sorts of indirect taxation are fallen under one roof.

 

What is the Difference between Direct Tax and Indirect Tax ?

Direct taxes such as income tax bear by the person liable to pay the tax; this means that the tax burden cannot be shifted to anyone else. This also means that GST portal login for GST registration India is not required for paying direct taxes.

Whereas the liability on indirect tax, on the other hand, can be shifted to another person. So, if a person is liable to pay the tax he can collect the tax from someone else and then pay it to the government, this shifting is called shifting of tax burden. For, indirect taxes, GST registration in India is very much necessary and same can be done by visiting GST portal login at www gst gov in.

  • A Direct tax is imposed and paid by an individual, Hindu Undivided Families (HUF), firms, companies etc. whereas indirect tax is eventually paid by the last consumer of the goods and services.
  • The burden of tax cannot be transferred in case of direct taxes while burden can be transferred for indirect taxes.
  • Because mismanagement in collection of taxes by tax collecting authority, a person can possibly evade the taxes, while indirect taxes cannot be evaded as the taxes are imposed on goods and services. As the whole process is completely online, so all the information is within the knowledge of the government authorities. Visit the GST website by doing GST portal login to know more.
  • A Direct tax can help in dropping inflation, whereas indirect tax may increase inflation.
  • Direct taxes have better-assigning effects than indirect taxes as direct taxes put lesser load over the collection of sum than indirect taxes, where a collection is dispersed across parties and consumers’ preferences of goods are slanted from the price variations due to indirect taxes.
  • Direct taxes help in dropping inequalities and are considered to be progressive while indirect taxes increase inequalities and are considered to be relapsing.
  • Indirect taxes involve low managerial costs due to convenient and stable collections, while direct taxes have much immunity and involve advanced administrative costs.
  • Indirect taxes are concerned with more towards growth as they depress consumption and help improve savings. Direct taxes, on the other hand, decrease savings and dishearten investments.
  • Indirect taxes have a broader exposure as all members of the society are taxed through the sale of goods and services, while direct taxes are claimed only from people in particular tax brackets.
  • Additional indirect taxes imposed on harmful commodities such as cigarettes, alcohol etc. deter over-consumption, thereby serving the country in a social context.

 

GST Registration in India – A Brief on GST portal login

Registration will confer the advantage of legal recognition as supplier of goods or services, authorized to collect taxes from his customers and pass on the credit of taxes paid on the goods or services supplied to the purchasers/recipients, registered entity can claim Input Tax Credit of taxes paid and can utilize the same for payment of taxes due on supply of goods or services, and another advantage is that there is a seamless flow of Input Tax Credit from suppliers to recipients at the national level.

GST portal login services offer GST registration in India as well as also provide other related information such as records of invoices uploaded by the seller, previous payments of GST, etc.

In GST regime, all entities involved in buying or selling goods or providing services or both are obligated to do GST registration in India. Entities without GST registration India would not be entitled to collect GST from a customer or entitlement for an input tax credit of GST paid or can be penalized. Further, GST registration in India is compulsory once an entity passes the minimum threshold turnover after starting a new business that is expected to cross the given turnover. Traders can conduct a GST portal login to see how much tax credit they are eligible for if they have done a GST registration in India.

According to the GST Council meeting, entities in special category states with an annual turnover of Rs.10 lakhs and above will be obligatory to register under GST India by availing GST portal login credentials. All other entities in rest of India will be obligated to GST registration India, if annual turnover exceeds Rs.20 lakhs. There are also several other criteria, that can make an entity liable for obtaining GST registration in India – regardless of annual sales turnover. Entities which are required to register for GST as per procedures must file for GST application within 30 days from the date on which the entity became accountable for GST registration in India. To begin the GST registration process, first credentials for GST portal login is required and the same can be availed on the GST website.

The GST registration in India is PAN-based and State specific. The supplier has to register in each of such State or Union territory through GST portal login from where he supplies goods or services. After the GST registration in India using GST portal login services, the supplier gets a 15- Digit GST identification number called “GSTIN”, and a certificate of registration incorporating therein. This GSTIN is made available to the applicant on the GSTIN common portal same can also be availed by visiting GST portal login page. The first 2 digits of the GSTIN is the State code, next 10 digits are the PAN of the legal entity, the next two digits are for entity code, and the last digit is checksum number. GST registration is not tax specific, which means that there is single registration for all the taxes i.e. CGST, SGST/UGST/, IGST and ceases. The GST application in India can be filled online on the official GST website of the GST registration portal.

 

Different types Of GST in India

 

IGST – Integrated GST, is collected by the Central Govt.

Integrated GST (IGST) is appropriate on interstate transactions of goods and services, as well as on imports. This tax will be claimed by the Central government and will be distributed among the particular states. IGST is imposed when a product or service is transferred from one state to another. IGST is in place to safeguard that a state has to transact only with the Union government and not with every state government separately to settle the interstate tax amounts. The sellers from one state and the buyers from consuming state can see records of IGST levied and collected by the central govt by conducting GST portal login on the GST website. The following illustration will be helpful for the sake of simplification:

Example – Ram is a manufacturer in U.P. who sold goods worth Rs 10,000 to Laxman in U.P. as it is an interstate deal, IGST will be applicable here. We assume that the GST rate is 18% for the particular item. So, the IGST amount imposed by the Central Government will be Rs 1800 (18% of Rs 10,000), and the refined rate of the product will be Rs 11,800.

Now, GST is an ingestion tax that means only the state where the goods are actually consumed will get the tax profits, notwithstanding of the manufacturing state. For more details on IGST, visit GST portal login page.

 

CGST – Central GST, is collected by the Central Govt.

CGST refers to the Central GST tax that is imposed by the Central Government of India on any business of goods and services tax taking place within a state. It is one of the two taxes levied on every intrastate transaction. CGST swaps all the existing Central taxes including Service Tax, CST, Customs Duty, Central Excise Duty, SAD, etc. The rate of CGST is usually equivalent to the SGST rate. Both taxes are levied on the base price of the product. For more details on CGST, visit GST portal login page. The following illustration will be helpful for the sake of simplification:

Example – In the example above, when Ram sales a product to Laxman in the same state (Rajasthan), he has to pay double taxes. CGST is for the central government and SGST is for the state government. The rate of CGST is 9%, the same as SGST’s Rate. After the presentation of CGST (9% of Rs 10,000), the ultimate cost of the product will be Rs. 11,800.

As you can probably predict, all the taxes in all the conditions above are allowed by the end consumer in the final cost, not by the producer or the dealer of the product or service. Since GST is imposed on consumption, the state where the product is originally manufactured is not eligible for the tax collected. If the manufacturing state imposes a tax, the same will be shifted to the overwhelming state through the Central government. For more details on GST, visit GST portal login page.

 

SGST – State GST, is collected by the State Govt.

SGST (State GST) is one of the dual taxes imposed on every intrastate operation of goods and services. Another one is CGST by Central govt. SGST is imposed by the state where the goods are sold or purchased. It will interchange all the existing state taxes including VAT, State Sales Tax, Luxury Tax, Entry Tax, Entertainment Tax, State Ceases and Surcharges on any kind of business including goods and services. The State Government is the only claimer of the revenue received under SGST. For more details on SGST, visit GST portal login page The following illustration will be helpful for the sake of simplification:

Example – Ram from Uttar Pradesh wants to sell some goods to Laxman in Uttar Pradesh. The product, originally priced at Rs 10,000, will attract GST at 18% rate involving of 9% CGST rate and 9% SGST rate. The SGST tax sum here is Rs 900 (9% of Rs 10,000) which is fully claimed by the Uttar Pradesh State Government. The rate of the product afterwards SGST will be Rs 10,900.

 

What are the various GST Rates ?

There are various slab categories under GST and these are discussed below-

 

  • No Tax

Goods – No taxes will be levied on goods like milk, fruits, vegetables, bread, salt, bindi, curd, sindoor, natural honey, bangles, handloom, besan, flour, eggs, stamps, printed books, judicial papers and newspaper. For more details on GST rates on goods, visit GST portal login page.

Services – All hotels and lodges who carry a tariff below INR 1000 are exempted from taxes under GST. For more details on GST rates on services, visit GST portal login page.

 

  • GST Tax Slab of 5%

Goods- The goods which will attract a taxation of 5% under GST include skimmed milk powder, flash fillet, frozen vegetables, coffee, coal, fertilizers, tea, spices, pizza bread, kerosene, ayurvedic medicines, agarbatti, sliced dry mango, insulin, cashew nuts, unbranded namkeen, lifeboats etc. For more details, visit GST portal login page.

Services- Small restaurant along with transport services like railways and airways, Standalone ACs non-AC Restaurants and those which serve liquor, Takeaway Food, Restaurants in hotels with a room tariff less than INR 7,500 ( no input credit for these restaurants), will come under this category.

For more details, visit GST portal login page.

 

  • GST Tax Slab of 12%

Goods – items coming are tax slab of 12% include frozen meat products, butter, cheese, ghee, pickles, sausage, fruit juices, namkeen, tooth powder, medicine, umbrella, instant food mix, cell phones, sewing machine, man-made yarn, etc. For more details, visit GST portal login page.

Services – Business class air tickets have come under 12% GST slab.

For more details, visit GST portal login page.

 

  • GST Tax Slab of 18%

Goods – Substantial amount of items are part of this tax slab. Some of the items are flavored refined sugar, cornflakes, pasta, pastries and cakes, detergents, washing and cleaning preparation, safety glass, mirror, glassware, sheets, pumps, compressors, fans, light fitting, chocolate, preserved vegetables, tractors, ice-cream, sauces, soups,, mineral water, deodorants, suitcase, briefcase, vanity case etc. For more details, visit GST portal login page.

Services – Restaurants located inside hotels with tariffs of INR 7,500 and above, outdoor catering (an input tax credit to available), IT and Telecom services and financial services along with branded garments will be part of this tax slab.

For more details, visit GST portal login page.

 

  • GST Tax Slab of 28%

Goods – Over 200 goods will be taxed at a rate of 28%. The goods which will be part of these categories under GST are sunscreen, pan masala, dishwasher, weighing machine, paint, cement, vacuum cleaner. Other items include automobiles, hair clippers, motorcycles, etc. For more details, visit GST portal login page.

Services – In this head services of five-star hotels, racing, movie tickets and betting on casinos is covered.

So before filing tax, we need to find out in what categories our Goods/Services have been fallen.

For more details, visit GST portal login page.

 

The Process of GST Registration in India

Step- 1 Taxpayer need to visit on GST Registration Portal and login on the GST portal login page, which is given in the official GST website.

Step 2- Click on registration>New registration option.

Step 3 – The application form is separated into two parts Part A and B.

 

Part A of GST Registration process –

Step 4 – The New GST Registration Portal page is displayed on the screen. Select the New Registration option. This will lead you to GST registration portal page.

Step 5 – In this stage, you have to select the type of Taxpayer i.e. Partnership, Sole Proprietor, HUF or a Company.

Step 6 – You have to register the Business legal name.

Step 7 –Then you have to enter your Email Address and contact number of the Primary Authorized Signatory.

Step 8 – Then you have to fill captcha text displayed on the screen and then enter the “proceed button”.

Step 9 – Then the One Time Password (OTP) Verification page is displayed on the screen, after you enter the mobile number you will receive an OTP. OTP will expire after 10 minutes. After filing in OTP, GST portal login credentials are sent to the registered email address and mobile number of the applicant.

 

In Part B of GST registration Process –

Step 10 – Visit the GST portal login page on the GST website. Now login again by using “Temporary Reference Number” and Captcha Code.

Step 11 – The My Saved Application page is displayed. Under the Action column, click the Edit icon (icon in a blue square with a white pen).

Step 12 – The registration/GST Application form will display on your screen.

Step 13 – On the top of the GST portal login page, there are ten tabs and in this step, you have to fill the detail of the representative of the business.

Step 14 – Fill the detail of principal place of business.

Step 15 – Enter the business commodity detail and Save & Continue.

Step 16 – Fill the detail of Bank account and upload a document.

Step 17 – Verification tab: This tab page display the details of the verification for authentication of the details submitted in the form.

Step 18 –  Click Proceed.

Step 19 – Click sign from the Pop-up window.

Step 20 – Click Sign from the Pop-up window.

Step 21 – On successful submission it will show a message on the screen on GST portal login page.

 

Documents required for GST registration in India on the GST portal login

For GST registration we need not send any types of physical documents anywhere it is registered through online. For registration, we will have to upload all scan copies of original documents at GSTN portal. The documents which are required for GST registration in India on the GST portal login page are as follow:

GST Registration- Documents

  • Business owner’s documents:  The documents which are required from the owner of the business are PAN card, Aadhar number, Photos etc.
  • Business Documents: The documents which are required from the business are business address proof (Ownership or rent agreement), Authorized Signatory, Bank statement or Passbook, MOA (Memorandum of Association), AOA (Article of association), Registration certificates.

 

Documents required of sole proprietorship/ Individual on the GST portal login page:  For the registration of sole proprietorship/ Individual the following documents are required as follow:

  • PAN card, identity proof, address proof and photograph of the proprietor.
  • Address proof for a business place like electricity bill, landline bill etc.
  • A scan replica of the first page of bank passbook.

 

Document required for normal partnerships on the GST portal login page: For the registration of normal partnerships the following documents are required as follow:

  • PAN  card of the partnership
  • Partnership deed
  • Copy of bank statement
  • Declaration to comply with the provisions
  • Letter for the appointment of authorized signatory
  • Copy of electricity bill, water bill, NOC of the owner rent agreement.

Documents required for Pvt. Limited Company/  Public Company / One Person Company (OPC) on the GST portal login page :

  • Directly related documents: PAN and ID proof of directors.
  • Registration office documents: Copy of electricity bill, water bill etc. NOC of the owner, rent agreement (in case premises are rented).

Document required for Limited Liability Partnership (LLP) on the GST portal login page:

  • LLP Documents: PAN card of the LLP, Registration certificate of the LLP, LLP partnership agreement, a copy of bank statement of the LLP, a copy of Board resolution, and letter for the appointment of authorized signatory.
  • Designed partner related documents: PAN and ID proof of designated partners.
  • Registered office documents: Copy of electricity bill, water bill etc; NOC of the owner, rent agreement (in case premises are rented).

 

Major Reasons for using GST portal login for Online GST Registration in India

  • Exceed the threshold limits – Generally, the liability to register under GST India arises when you are a supplier within the meaning of the term, and also your aggregate turnover exceed the threshold limits of  20 lakhs in the financial year.
  • Specified Supplier –The GST India law enlists certain categories of suppliers who are required to get compulsory registration irrespective of the turnover, that is to say, the threshold exemption of 20 lakhs is not available to them. Some suppliers who need to register and avail GST portal login credentials to themselves compulsorily irrespective of the size of their turnover are:
  • Inter-state suppliers.
  • A person receiving supplies on which tax is payable by the recipient on a reverse charge basis.
  • A Casual taxable person who is not having a fixed place of business in the State or Union territory from where he wants to make supply
  • Non- resident taxable persons who are not having a fixed place of business in India.
  • A person who supplies on behalf of some other taxable person (i.e. an Agent of some principal)
  • E-Commerce Business – It mandatory for the E-commerce business to have GST registration in India and GST portal login credentials, GST law divide e-commerce business into three part; firstly E-commerce operators, who provide platform to the suppliers to supply through it, secondly Suppliers who supply through an e-commerce operator and thirdly those e-commerce operators who are notified as liable for GST payment under Section 9.
  • Taxable Activities –A person who is engaged in any kind of taxable activities in India need to register himself under GST portal login on the GST website.
  • Free inter-state trade without restriction – The registered business enterprise can freely sell their product in another state. Thus it widened the market for small scale enterprises.
  • Tax input credit – If you wanted to get benefits from the government like tax input credit on your own purchase then you should go for the GST registration in India, the government also provide various other benefits to the registered business who have acquired GST portal login credentials.
  • The Penalty for non-registration – If it is mandatory for the business to be register and still business is not registered then under GST law business is subject to the penalty of 10% of the total tax due.

Benefits of availing GST Portal Login credentials for GST Registration in India

GST registration India helps business to be recognized legally and also an open number of opportunities for the business. Benefits of availing GST portal login credentials for GST registration in India are as follows-

    • Removal of cascading effect and reduction in tax liability.
    • Tax collection and payment becomes easier
    • GST define the treatment of e-commerce very well, old tax regime is very not so clear about the tax liability of e-commerce trader.
    • GST portal login provide services such as Proper bookkeeping of taxes paid on the input goods or services which can be used for payment of GST due to the supply of goods or services or both by the businesses.
  • GST provides special benefits to the startup business in India who has acquired GST portal login credentials.

 

Various Advantages of availing GST Portal Login credentials for GST Registration Certificate in India

  • If you are planning to blow into e-commerce like Flipkart Amazon and PayTm then it is mandatory for you to have GST registration in India, you cannot sell product or services online without GST registration, therefore GST registration India will give you the opportunity to trade in the online market.

 

    • If your business is registered and you have GST portal login access,  then it will give you a competitive edge in comparison to the unregistered competitors because generally MNC’s does not like to deal with small entities unless they have GST registration or GST portal login access.
    • GST registration provides legal recognition to the business, legal recognition is very vital in the advancement of a loan, in the establishment of a contractual relationship with other private entities.
    • The registered business enterprise can freely sell their product in another state. Thus it widened the market for small scale enterprises.
    • In case you are the owner of sole proprietor business then it important for you to have a GST portal login access because Banks & other financial does not open a current account in case of sole proprietor unless you carry any government proof in name of your business. GST registration certificate can help you to open a current bank account because it acts a proof for your business.  
    • Some government tender requires GSTIN for the application of the tender if you do not have GSTIN then you may miss the opportunity.  
    • If you wanted to get benefits from the government like input tax credit on your own purchase then you should go for the GST registration in India and avail access to GST portal login, the government also provide various other benefits to the registered business.
    • A registered business will find a better place for him in the market; it is also easier for the business to a get loan from the Banks and other financial institution.
  • Registered business who possess GST portal login credentials, is legally authorised to collect taxes from the customer and can avail the benefit of an input tax credit. Registered owner is also legally authorised to sell their product anywhere in the country.
  • GST registration certificate is very helpful in the government dealings.

 

Frequently Asked Questions related to GST Portal Login and GST Registration in India: –

When to register for GST or when to acquire GST portal login credentials ?

If the turnover of the business exceeds Rs 20/10 lakh or the business is engaged in the inter-state transaction or in e-commerce then the GST registration in India and access to GST portal login is mandatory.

What are the major consecutive actions that have led to the introduction of GST portal login service ?

GST is being presented in the country after a 13-year long period since it was first debated in the report of the “Kelkar Task Force” on indirect taxes. A brief chronology outlining the main marks on the proposal for an overview of GST in India is as follows:

  1. In 2003, the Kelkar Task Force on indirect tax had proposed an inclusive Goods and Services Tax (GST) created on VAT principle.
  2. A proposal to present a National level Goods and Services Tax by April 1, 2010, was first proposed in the Budget Speech for the financial year 2006-2007.
  3. Since the proposal involved improvement/ restructuring of not only indirect taxes imposed by the Centre but also the States, the accountability of preparing a Design and Road Map for the application of GST was allocated to the Empowered Committee of State Finance Ministers (EC).
  4. Based on contributions from Govt. of India and States, the Empowered Committee released its First Debate Paper on Goods and Services Tax in India on November; 2009.
  5. In order to take the GST connected work supplementary such as creating a GST portal login page for the convenience of the taxpayers, a Joint Working Group containing officers from Central as well as State Government was instituted on September; 2009.
  6. In order to amend the Constitution to permit the introduction of GST, the Constitution (115th Amendment) Bill was presented in the Lok Sabha in March 2011. As per the prescribed protocol, the Bill was denoted to the Standing Committee on Finance of the Parliament for inspection and report.
  7. Meanwhile, in an enactment of the decision taken in a meeting among the Union Finance Minister and the Empowered Committee of State Finance Ministers on 8th November; 2012, a ‘Committee on GST Design’, containing the officials of the Government of India, the Empowered Committee was constituted and State Governments.
  8. This Committee did a comprehensive conversation on GST design including the Constitution (115th) Amendment Bill and succumbed its report in January; 2013. Based on this Report, the Empowered Committee suggested certain modifications in the Constitution Amendment Bill in their meeting at Bhubaneswar in January 2013.
  9. The EC in the Bhubaneswar meeting also decided to constitute three committees of officers to talk over and report on various characteristics of GST as follows:-
  • Committee on Place of Revenue Neutral Rates and Supply Rules;
  • Committee on dual control, exemptions and threshold;
  • Committee on GST on imports and IGST.
  1. The Parliamentary Standing Committee succumbed its Report in August, 2013 to the Lok Sabha. The endorsements of the Empowered Committee and the endorsements of the Parliamentary Standing Committee were inspected in the Ministry in discussion with the Legislative Department. Most of the endorsements made by the EC and the Parliamentary Standing Committee were approved and the draft Amendment Bill was appropriately revised.
  2. The ultimate draft Constitutional Amendment Bill combining the above-stated modifications was sent to the Empowered Committee for deliberation in September 2013.
  3. The Empowered Committee once again made definite endorsements on the Bill after its meeting in Shillong on November 2013. Certain endorsements of the EC were integrated into the draft Constitution (115th Amendment) Bill. The revised draft was referred for deliberation of the Empowered Committee on March, 2014.
  4. The 115th Constitutional (Amendment) Bill, 2011, for the institution of GST introduced in the Lok Sabha on March 2011 failed with the dissolution of the 15th Lok Sabha.
  5. In June 2014, the draft Constitution Amendment Bill was referred to the EC after sanction of the new Government.
  6. Based on a broad agreement reached with the EC on the outlines of the Bill, the Cabinet on 17/12/2014 permitted the proposal for the institution of a Bill in the Parliament for amending the Constitution of India to ease the introduction of Goods and Services Tax in the country.  The Bill was presented in the Lok Sabha on 19/12/2014, and was approved by the Lok Sabha on 06.05.2015. It was then transferred to the Select Committee of Rajya Sabha, which submitted its report on 22/07/2015.

GST portal login service was launched by the Government of India in order to give effect to the GST system and make the whole GST Registration Process convenient and easy for the businesses around India. GST portal login provides one stop service for everything related to GST in India.

Will all traders mandatorily have to register their business on the GST portal login page ?

A trader dealing only in excused goods or where his turnover is less than Rs.20 Lakhs in the financial year (but not engaged in inter-State transactions i.e. supply) is not mandatorily required to register on the GST portal login page.

Under GST, will traders be obligatory to declare their IEC on the GST portal login page at the period of imports and exports ?

For the time being both GSTIN and IEC have to be revealed. But over a period of time, traders need to reveal only their GSTIN in the place of IEC on the GST portal login page at the period of imports and exports.

Is there any scheme for the sum of taxes under GST Portal Login services for small traders ?

Yes. Composition charge scheme as offered by GST portal login is an alternative technique of levy of a tax intended for small taxpayers whose turnover is up to Rupees 75 lakhs (Rupees 50 lakhs for special category States). The basic moto is to bring simplicity and reduce the cost of submission for the small taxpayers. The scheme is non compulsory and is essential for small traders, manufacturers and restaurants.

What is the tax rate under Composition levy ?

The tax rate for traders shall be 1% i.e. 0.5% CGST inclusive 0.5% SGST of the turnover in the state.

When will a trader require to pay tax through GST portal login page ?

A trader, if registered under Goods and Services Tax, will require paying tax on a monthly basis on or before 20th of the succeeding month through GST portal login page. A person who has chosen for composition levy will be required to pay tax on a quarterly basis on or before 18th of the month successive the quarter linking to supplies.

Can a person who has chosen to pay tax under the composition scheme offered by GST portal login gain Input Tax Credit on his input supplies ?

No. An accesses opting to pay tax under the composition scheme is out of the credit hierarchy. He /She can’t take credit on his input supplies.

Can a registered person, who buys goods from a trader paying tax under the composition scheme as offered by GST Portal Login, take credit on purchases finished from the composition dealer ?

No. A trader electing to pay tax under the composition scheme as offered by GST portal login page is out of the credit chain. He / She can neither take credit on his/her input supplies, nor issue a taxable invoice to his/her buyer. He/ She is obligatory to issue a bill of supply and can’t charge tax from the recipient. Therefore, the person purchasing from him/her can’t take any credit.

What if a trader or businessman is unable to undertake compliances through GST portal login himself ?

Through GST portal login, the government will permit qualified persons to act as GST Practitioners. In the case where the trader is unable to undertake compliances himself, he can exploit the services of such GST practitioners to do the compliances for him. There will also be a Facilitation Centers, help desks in each GST Commissioner. There would also be the facility of GST Suvidha Providers (GSPs) who will be developing software for updating data on to the GSTN portal.

GST Registration India Service offered by GST Portal Login

GST Portal Login is using internet facilities to simplify the time-consuming work, over the time it has helped thousands of small scale business and start-ups to register through it, and it also provides other services to your business. GST portal login access will provide you best solution to GST related problems, you will get GST registration number without stepping out of your house, if you choose GST portal login page for your GST registration in India, it will guide you throughout the GST registration process.