GST Registration in Mumbai

A GST Registration can help your company smoothly sail through many other business dealings. This post will help you understand how an expert can help you get your GST certification.
Editorial Team
Published On February 12, 2022 | Last Updated On September 2, 2022

Do you own a company in Mumbai with a turnover of more than 40 lakhs? The Indian government then needs your business to register as a taxpayer and for GST. While certain firms are compelled to register for GST, others may have the option of doing so.

Running a business without paying GST is a crime in India for individuals who are compelled to GST Registration in Mumbai. If you are qualified for GST or are required by law to register, you should do so as soon as possible. GST completion should take 2-6 working days.

Documents Required for GST Registration

  • PAN card
  • Address proof, ID proof, and photographs of the director’s or promoter’s
  • Business registration proof
  • Letter of Authorisation
  • Aadhaar card
  • Business address proof
  • Bank account statement and canceled cheque
  • Digital Signature

Process of GST Registration

The GST registration process is not difficult, especially with the internet. GST registration can be completed in the comfort of your own home. And whether you're a sole proprietorship or a corporation, GST registration could provide you with many advantages. Only if the law requires it are you required to register for GST.

The process of registering for GST in Mumbai is the same as it is in the rest of India. Even though a business owner is familiar with legal and GST terms, he or she may need professional help with fundamental GST issues during the process.

  • The GST registration form can be found on the official GST registration website. The form will be divided into several sections, with Part A requiring the applicant to enter information such as the legal business name, PAN number, business address, contact information, and so on. Remember to keep all of the necessary information and documentation on hand when filling out the GST form. The documentation will be requested once the applicant has been verified as a taxpayer.
  • Upload the proper documents on the online form, and upload the soft copies.
  • After you've uploaded your documents, you'll be given an Application Reference Number. After completing Part B, you will receive this number via your verified phone number and email address.
  • Note that if you have business in different service locations across various parts of the country, you will be required to feel different GST registration.

What Happens If You Don’t Register For GST?

Many firms do not qualify for GST registration or are compelled by law to do so. Even if you are not one of those enterprises, the Government of India demands that you register for GST. However, if you have been dodging GST registration or tax payments, you will be penalized.

You will be fined under tax evasion laws, and you will be required to pay 100% of the tax due plus 10% of the entire tax amount.

Why Should You Register for GST?

  • You can sell your products or services online with GST registration
  • You can sell your products or services all across the country
  • Your business will have valid proof as a legal entity
  • Your business can have a current bank account with GSTIN
  • The overall value of your brand will be increased
  • You can avail the input tax credit on any goods or services

GST Registration Fees in Mumbai

GST Registration Fees in Mumbai are the same as those in the rest of the country. There is no cost to register for GST under the Goods and Services Tax regime, and you can fill out the form for free. You will be obliged to pay internet charges if you do not use your computer or internet service at home.

It may be difficult to finish the GST process if you are a business owner who is not up to date on legal and GST terms. You may also need the assistance of a professional GST consultant to help you through the procedure.

If you are looking for an expert to help you register for GST, you can ask for GST registration charges in Mumbai, from the experts at My Legal Clinic.

Looking for GST Filing Services?

You may be a busy person who struggles to understand legal jargon. That’s why you need assistance; at My Legal Clinic, you get dedicated advisors for your business on an individual basis, making the GST Filing Service procedure much smoother.

My Legal Clinic professionals can help you with GST Registration in India and will handle all of your necessary licenses and other complex needs, allowing you to focus on the most important areas of your business. We will assist you in filing your compliances at a reasonable cost.