– Certificate of incorporation given by Ministry of Corporate Affairs – Address proof of principal place of business**Ĭompany (Public/ Private/ Indian/ foreign) – In the case of LLP, registration certificate / Board resolution of LLP – Proof of appointment of authorized signatory – Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.) – Photograph of all partners and authorised signatories (in JPEG format, maximum size – 100 KB) – PAN card of all partners (including managing partner and authorized signatory) – Photograph of the owner (in JPEG format, maximum size – 100 KB) The following documents are required to obtain GST registration depending on the types of business or constitution.(Individual/Company etc.) GST Registration Documents List Category of persons ![]() ![]() ![]() The Search ARN Functionality for Registration, post-TRN Login has been enhanced for the taxpayers. The time limit to take actions, reply or pass orders as given under Rule 9 of the CGST Rules, 2017 that falls between 1st May 2021 and 31st May 2021 has been extended up to 15th June 2021. It applies if the GST registration is cancelled under Section 29(2) clause (b) or (c) of the CGST Act via CGST notification number 34/2021 dated 29th August 2021.ĭue date to file application for revocation of cancellation of registration falling between 15th April 2021 up to 29th June 2021 is 30th June 2021. Taxpayers can get extended time up to 30th September 2021 to revoke cancelled GST registration if the last date for the same falls between 1st March 2020 and 31st August 2021. Business needs different sets of documents depending upon the constitution of the business or the type of GST registration that they wish to obtain.įrom 1st January 2022, CBIC made the Aadhaar authentication mandatory to apply for revocation of cancelled GST registration under the CGST Rule 23 in REG-21. GST registration number or GST identification Number ( GSTIN) is a unique 15-digit number provided by the tax authorities to monitor tax payments and compliances of the registered person. Read Schlesinger’s full blog post here with more details.įor additional guidance, a CERTIFIED FINANCIAL PLANNER™ professional can help you evaluate the outcome of your 2017 tax filing, use the insights gathered to adequately prepare you for 2018 and help you understand how changes to tax laws can potentially impact you moving forward.Any person making the taxable intra-state supply of goods/services with an annual aggregate turnover of more than Rs 20 lakh ( Rs 40 or Rs 10 lakh, as may vary depending upon the supply and state/UT) or undertaking inter-state supply (without any threshold limited) are mandatorily required to obtain GST registration. But, if not, it’s better to know ahead of time and put a plan in place. Thinking about your new tax situation can be daunting, but it may be better than you expect. Be Proactive about Planning: After tax season, check in with your accountant or financial advisor and ask him or her to create mock 2018 returns.This will impact whether you can deduct charitable gifts, when to schedule medical procedures and how you use home equity loans. Be Mindful of New Tax Laws: The new tax law affects standard deduction limits, as well as deduction limits for medical and dental expenses, and home mortgage interest.Carefully consider the tax consequences of the conversion – it may be worth waiting until the fourth quarter when you know exactly what your 2018 earnings will look like. Be Cautious with Retirement Savings: If your tax bracket is dropping, this year could be an excellent time to convert your traditional IRA into a Roth.If you’re self-employed, be sure to lower your quarterly estimated tax payments accordingly. However, if your refund is larger than a few thousand dollars, it’s time to adjust your income tax withholdings at work. Be Smart About Your Refund: Use found money from Uncle Sam to contribute to a retirement or college savings plan, to pay down outstanding debt or replenish your emergency fund.Be sure keep track of your purchase price, commission, and sales price for any investment transactions as well. Be a Neat Freak: Create a real or electronic file exclusively for your 2018 taxes to store all relevant receipts, statements, W-2s, 1099s, property tax bills and mortgage interest statements throughout the year. ![]() Not sure what to look out for? Schlesinger shares a checklist to keep you on top of your finances in 2018: Once you’ve completed your 2017 taxes and have all the required documents handy, it’s the perfect time to review your return and take stock of lessons learned to prepare for big changes in the years to come, according to Senior CFP Board Ambassador Jill Schlesinger, CFP®.
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