GST Amendment

Rs.1,990.00

We at TaxFino can help you get the required amendment done

GST Amendment

Price: Rs.1,990.00

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Once you’ve obtained GST Registration, an amendment in GST may be required for several reasons e.g. change in the constitution of business, address, authorized signatory, nature of business, etc.

We at TaxFino can help you get the required amendment done.

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Benefits

  • Updated GST registration

  • Helps keep the documentation of business updated

Eligibility

  • Any business with GST registration can file for amendment if there is change in constitution of business, address, authorized signatory, nature of business etc

Documents

Supporting document for nature of change (e.g. Utility Bill for new address, PAN & Aadhaar in case of change in Authorized signatory etc.)
FAQ

Do you have Any Questions?

When do I need to register for GST?

GST Registration is required in case of:
Business: If annual Sales is more than Rs.40 lacs
Service/Profession: If annual Gross Receipts is more than Rs.20 lacs
Export of Goods/Service (Including working for a company based outside India): Mandatory irrespective of annual sales/receipts

GSTR-3B needs to be filed by all GST taxpayers on monthly basis.
GSTR-1 needs to be filed on Quarterly basis if annual turnover is up to Rs.1.5 crores, and on Monthly basis if annual turnover is more than Rs.1.5 crores.

If you’re working for a company based outside India, then you are exporting service outside India. In this case, you don’t need to pay any GST. However, GST registration and regular return filing declaring receipts (with exemption for export of service) is mandatory.

GSTR-3B: This return has a summary of total sales & purchases with corresponding GST on it. GST liability needs to be paid while filing this return.
GSTR-1: This return submits list of all invoices raised during the period.

GST is applicable for all businesses and professions if they meet the criteria of registration, irrespective of whether the business/profession is conducted as a Company or Individual.

You can claim input credit of GST paid on all expenses incurred for your Business/Profession, and pay the net GST liability. In other words, you can claim deduction for GST paid on expenses against your GST liability.

Late payment of GST attracts interest on a monthly basis and late filing of GST return attracts a penalty for each day of delay.

No, GST return filing is mandatory and should be continued till you have a GST registration. Even if you temporarily stop your business/profession, still you should keep filing nil GST returns on time to avoid late fee and penalty.

Yes, if you have permanently shut down your Business/Profession, then you can apply for cancellation of your GST registration. However, GST return needs to be filed till the date GST cancellation request is approved by GST department.

No. An entity operating in multiple states will have to get registered separately for each of the States from where taxable supply of goods or services is made.

An entity liable to be registered under GST should apply for registration under GST within 30 days from the date on which the entity becomes liable to register for GST. Casual taxable persons and non-resident taxable persons are required to be registered under GST, prior to commencing business.

Yes. Any entity wishing to claim input tax credit can register voluntarily, even if not liable to be registered. After registration, voluntarily registered entities will also have to comply with regulations as applicable to a normal taxable person.

Once GST certificate is granted, the registration is valid until its surrendered or cancelled or suspended. Only GST certificate issued to non-resident taxable person and casual taxable person have a validity period.

No, an unregistered person without GSTIN cannot collect GST from customers or claim input tax credit of GST paid.

Aggregate turnover is the aggregate value of all taxable supplies, exempt supplies, export of goods or services or both and inter-State supplies of a person having same PAN. Aggregate turnover does not include CGST, SGST, IGST and GST cess.

Businesses or entities supplying goods or services must register for GST from every State from where taxable supply of goods or services or both is made.

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