How to Get GST Number For Sole Proprietorship Company in India

How to Get GST Number For Sole Proprietorship Company in India

A sole proprietorship is the most common form of business. In this form, one person owns and manages the entire business and is personally liable for all its debts and liabilities. While registering a sole proprietorship is not mandatory in India, many banks require that the business owner obtains GST registration if they intend to open a bank account in their name. Additionally, a business owner may be required to file various GST returns depending on their business activities.

The   GST registration Proprietorship Process Consultant online  has been streamlined and simplified. All you need to do is fill out a simple online form on the GSTN website. Once you've filled out the application, submit it with your scanned copies of the required documents. After submitting the documents, you'll receive an OTP to verify your identity. Once you've successfully verified your identity, the system will generate a temporary reference number (TRN).

In order to apply for a GST number, the business owner must visit the official website of the Goods and Services Tax Network (GSTN) and submit a completed application. The application requires the business to provide its trade name, tax jurisdiction, and a list of products or services it offers. The business must also provide a proof of address and its GSTIN number.

After submitting the application, the GSTN will send an ARN to the business's registered email address and mobile phone number. The ARN can be used to track the status of the application via the GSTN portal.

 

Tel:+917299972500

info@filingpoint.com

Comments

Post a Comment

Popular posts from this blog

How to Register Annual Filing in India - A Step-By-Step Guide

Image
How to Register Annual Filing in India - A Step-By-Step Guide Every company registered under the Companies Act, must file their audited financial accounts and Directors Report with the Registrar of Companies annually. This process is called ROC Annual Filing and it's an essential part of any business in India.  The process involves several forms and documents that need to be filed with the ROC in a timely manner in order to avoid late filing fees. In this article, we'll take a look at the ROC Annual Filing process in detail and discuss some important deadlines to keep in mind. ROC Form AOC-4, which contains details and annexure regarding the Balance Sheet of the company, Profit & Loss Account, Compliance Certificate, Documents pertaining to the Registered Office Address, Shares and Debentures, and information about the Directors of the company. If you're running a One Person Company , you'll also be required to file your ROC Form MGT-7 annually. T...
Read more

What Are the Documents Required for Company Registration in India

Image
What Are the Documents Required for Company Registration in India When it comes to starting a new business, entrepreneurship is an exciting venture for any business owner. However, to ensure that the venture is successful, it's important for entrepreneurs to remain active in the 'legal game', especially when it comes to gathering and filing the necessary documents for company registration. As the process of company registration has shifted online, it's becoming even easier for entrepreneurs to register their businesses in India, the 3rd largest economy in Asia and 2nd biggest consumer market. Documents Required for Company Registration The first step in registering a Company is to choose the right corporate structure that best suits your business needs. There are several types of companies, including Private Limited Companies , Public Limited Companies, One Person Companies, and Limited Liability Partnerships. Choosing the right business structur...
Read more

25 Low-Cost Small Business Ideas for Company Registration in India?

Image
25 Low-Cost Small Business Ideas for Company Registration in India? "Call Our Business Plan Experts at +91-72999-72500" Looking ahead to the future, the landscape of small businesses in India holds tremendous potential for innovation and growth.  Here is a curated list of 25 low-cost small business ideas that are poised to thrive in the evolving business environment: 1. Sustainable Products: Focus on eco-friendly and sustainable product offerings, meeting the growing demand for environmentally conscious choices. 2. E-commerce Reselling: Start an online store by reselling unique and niche products to a global market. 3. Remote Work Solutions: Offer services and tools that support remote work, including coworking spaces, virtual meeting platforms, and ergonomic home office setups. 4. Health and Wellness Coaching: Provide holistic health and wellness coaching, addressing physical and mental well-being. 5. Personalized Education: Develop pers...
Read more