Temporary GST Registration
Temporary GST Registration is a simplified process of registering for GST for businesses whose turnover is below 20 lakhs and operates in a state where GST has not yet been implemented. It allows the business to pay taxes on an intra-state basis and lasts for a period of 90 days.
For whom
Any business whose turnover is below 20 lakhs and operates in a state where GST has not yet been implemented can apply for Temporary GST Registration.
Document Required
PAN card,
Address proof of the business,
Bank details,
Identity proof of the authorized signatory
Proof of business registration.
Benefits
Ease of compliance,
The ability to collect and pay taxes
Avoiding penalties.
Why Choose
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At Xtraserve, we believe in transparency and effective communication, which is why we provide regular updates on the progress of our clients’ projects and keep them informed of any changes in the financial markets that may impact their investments.
Our team of financial professionals is highly trained, knowledgeable and dedicated to providing top-notch services to our clients. We are committed to maintaining the highest ethical standards and adhering to all industry regulations.
If you’re looking for a financial services company that is dedicated to helping you achieve your financial goals, look no further than Xtraserve. Contact us today to schedule a consultation and learn more about how we can help you. With our wide range of services and convenient office locations, we are confident in our ability to provide you with the best financial solutions for your needs.
FAQ
Temporary GST Registration is a simplified process of registering for GST for businesses whose turnover is below 20 lakhs and operates in a state where GST has not yet been implemented. It allows the business to pay taxes on an intra-state basis and lasts for a period of 90 days.
The process of applying for Temporary GST Registration involves filling an online application form and submitting it on the GST portal. One needs to have a valid PAN number, bank details, and business details to apply for Temporary GST Registration.
The documents required for Temporary GST Registration include PAN card, address proof of the business, bank details, identity proof of the authorized signatory, and proof of business registration.
No, Temporary GST Registration is not mandatory for all businesses. It is only applicable for businesses whose turnover is below 20 lakhs and operates in a state where GST has not yet been implemented.
The validity of Temporary GST Registration is 90 days from the date of issuance.
Yes, after the completion of the 90-day validity period, the business can apply for permanent GST Registration.
If Temporary GST Registration is not renewed after 90 days, the business will not be able to collect or pay taxes and may attract penalties.
No, the validity period of Temporary GST Registration cannot be extended and one has to apply for permanent GST Registration after the completion of the 90-day validity period.
The benefits of Temporary GST Registration include ease of compliance, the ability to collect and pay taxes, and avoiding penalties.
Yes, one can change details in Temporary GST Registration by filing an amendment form on the GST portal.
The fee for Temporary GST Registration is nominal and varies from state to state.
No, a business cannot operate without Temporary GST Registration if its turnover is below 20 lakhs and operates in a state where GST has not yet been implemented.
No, Temporary GST Registration is only applicable for intra-state supplies.
The time frame for obtaining Temporary GST Registration is within 3 working days from the date of submission of the application.
Any business whose turnover is below 20 lakhs and operates in a state where GST has not yet been implemented can apply for Temporary GST Registration.
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