For registering a gst of your company you can choose the services of ca because i take the helps of the ca for Reciprocating Air Compressor business.
Every person whose aggregate turnover from Supply of Goods or Services or both in a financial year exceeds INR 20 lakhs* (see note below) has to mandatorily register under Goods & Service Tax. This limit is set at INR 10 lakhs for North Eastern and hilly states flagged as special category states.
*Note : The basic limit beyond which obtaining registration becomes mandatory is increased from INR 20 lacs to INR 40 lacs for certain categories of persons, who are engaged in exclusive supply of goods vide notification No. 10/2019-Central Tax, dated 07.03.2019
Therefore, in case a person in supplying goods but also earns a nominal amount of service income (whether taxable or not) such as commission income, or interest income say from bank (which is exempt), then such person shall be liable to take registration above INR 20 lacs and not INR 40 lacs.
Every registered person must get its accounts audited by a Chartered Accountant / Cost Accountant if the aggregate turnover during FY exceeds INR 2 Crores from sale of goods or services.
Calculation of turnover shall be PAN (Permanent Account Number ) based i.e. all sale of goods/ services shall be taken for computing the limit of INR 2 Crores.
SGA, can always be trusted for as your GST Auditor in Pune and beyond for executing this complex task within a time bound manner.
As per the GST Act, due date of audit and annual return is specified as 31st December of subsequent fiscal year and in case of failure in complying with the same then as per act no specific penalty is prescribed. So it will be covered under the head of general penalty of Rs. 25000.
For more information or any questions feel free to connect with Professional CA in Panchkula. You may also visit our website chartered accountants in panchkula.
GST Registration is very important for any business and connect with chartered accountant in mumbai, ca in mumbai, ca in navi mumbai, chartered accountant in navi mumbai, ca firms in navi mumbai, ca in kharghar, ca in nerul, ca in vashi
The registration of the GST you can connect the chartered accountant in Mumbai and if you wat you can register it online but its better to take the help of ca in Navi Mumbai