GST Registration in Hyderabad

GST Registration in Hyderabad

GST, or Goods and Services Tax, is a tax you pay when you sell goods or provide services in India. It replaces many different taxes with just one, making it easier for businesses. If you run a business in Hyderabad, you need to follow the rules under the Central GST Act, 2017 and the Telangana Goods and Services Act, 2017. Registering for GST is done fully online, so you don’t have to visit any office. To register, you need some basic documents: your PAN card, Aadhaar card, proof of your business, and bank account details. Once registered, you get a GST number, which allows you to legally collect GST from your customers and claim back the GST you pay on your purchases. The process is simple, fast, and helps your business grow safely.

What is GST?

GST, or Goods and Services Tax, is a single tax that businesses pay on the sale of goods and services. Before GST, there were lots of different taxes to pay to both the central and state governments, which was confusing. GST replaced all those taxes with a single tax, making life simpler for shopkeepers, small businesses, and companies.

There are four kinds of GST:

1. CGST is paid to the central government when you sell something inside your own state.
2. SGST goes to the state government at the same time, for the same sale.
3. IGST is used when goods or services move between states or when importing or exporting.
4. UTGST works like SGST, but only in Union Territories.

Eligibility for GST Registration in Hyderabad

GST registration in Hyderabad is mandatory if:

1. The annual turnover of the business exceeds:

• ₹40 lakhs for suppliers of goods and
• ₹20 lakhs for the supplier of services.

2. Compulsory registration:

Regardless of annual turnover, businesses in the following category must mandatorily register under GST.

• Inter-state supplies.
• E-commerce sellers on Amazon, Flipkart, Swiggy, Zomato, etc.
• Casual taxable persons (temporary stalls/exhibitions).
• Non-resident suppliers operating in India.
• Input Service Distributors.
• Agents, brokers, and commission agents.
• Businesses under the Reverse Charge Mechanism (RCM).

Benefits of GST Registration in Hyderabad

Registering your business under GST in Hyderabad is advantageous because it allows you to:

1. Claim Input Tax Credit (ITC): You can claim back the GST you have paid on your business purchases and adjust it against the GST you collect on sales.
2. Participate in the government Tenders and Contracts: If you want to work with government projects in Telangana, having GST registration is mandatory, especially for contracts with the public sector undertaking (PSUs).
3. Do Inter-State Trade: GST registration allows you to sell your goods and services in other states without any restrictions.
4. Enjoy Export Benefits: When you export goods, GST is not charged, and you can get a refund for the GST paid on materials used.
5. Opt for the Composition Scheme for Small Businesses: Businesses in Hyderabad with a turnover up to ₹1.5 crore can opt for the Composition Scheme under GST.
6. Easy access to loans: Banks and financial institutions prefer businesses that are GST-registered when giving loans or credit.

Documents Required for GST Registration in Hyderabad

1. For Individuals/Proprietors:

• PAN card
• Aadhaar card
• Bank account details (statement/cancelled cheque)
• Address proof of business premises (rent agreement/utility bill/property papers + NOC if rented)
• Passport-size photograph

2. For Partnership Firms/LLPs:

• Partnership Deed / LLP Agreement
• PAN and Aadhaar of partners
• PAN card of the Firm
• Proof of principal place of business in Hyderabad

3. For Companies:

• Certificate of Incorporation (CIN)
• Memorandum and Articles of Association (MoA/AoA)
• PAN of the company and the directors
• Board Resolution authorising GST registration
• Proof of registered office in Hyderabad

Process of GST Registration in Hyderabad

1. Visit the official website of GST and click on "Services” → “Registration” → “New Registration".
2. Generate TRN (Temporary Reference Number): Fill in PAN, mobile, and email. Verify using OTP.
3. Submit Part B of the Application: Upload required documents like PAN, Aadhaar, proof of business, and bank details.
4. Acknowledgement (ARN): Receive an Application Reference Number for tracking.
5. Verification by GST Officer: The GST officer will check the documents.
6. Clarifications (if needed): The GST officer may issue Form GST REG-03 for additional details. Reply in REG-04 within 7 days.
7. Approval: GSTIN and GST Registration Certificate (REG-06) are issued.

GST Compliance for Businesses in Hyderabad

Once registered, businesses must comply with the following:

• GST Return Filing: Filing the annual GST return for the sales, purchases, tax paid and/collected.
• Timely Payment of GST: Pay GST dues on time on the basis of returns filed to avoid any penalties for delay in payments.
• Maintain Records: Maintain books of accounts, invoices, purchase and sales registers after GST registration.

Penalties for Non-Compliance

Why Choose Kanakkupillai for GST Registration in Hyderabad?

Registering for GST in Hyderabad can feel confusing due to the many rules, documents, and online steps. A single mistake can delay your approval or even lead to penalties later. This is where Kanakkupillai makes things easy for you.

• Local expertise in Hyderabad: We understand Telangana’s state-specific GST rules and guide you as per your business type. So, whether you are a shop owner, service provider, or online seller.
• Step-by-Step help: From collecting documents to filing the online application, we handle everything so you don’t have to worry about missing any detail.
• Fast and hassle-free process: Our team ensures your GST registration is completed quickly and without unnecessary delays.
• Affordable pricing: We provide services at pocket-friendly rates with no hidden charges.
• Post-registration support: Getting GSTIN is just the beginning. We also help you file GST returns, claim input tax credit, handle audits, and stay compliant.