The procedure for GST is completely online and requires no manual intervention. There will also be a composition scheme under GST for businesses with a supply turnover of less than Rs. 1.5 crore.is a consolidated tax, this means that both central and state taxes have been merged together. Every business or corporation that are involved in the buying and selling and good of services have to register for GST. It is mandatory for businesses whose turnover is more than Rs. 20 lakhs annually to register for a GST. For the North East states, the prescribed amount is Rs.10 lakhs.
What the Seller needs to start the work
1. Pan Card
2. Aadhaar Card
3. Passport size Photographs
4. Email Id and Mobile no.
5. Proof of registered office of the Company
6. Bank Account details