Welcome to the blogpost of InstaSpaces. Here we provide the best-handpicked articles to guide on the basics of virtual office registrations and other related stuff. We also provide info on GST registration and the easiest ways to acquire them.
In this article, we discuss the basics of Goods and Services Tax and the best ways to obtain a GST number for your business if you don’t already have one.
So lets cut with the intro and roll into the basics of GST.
Table of Contents
GST: is it the best tax law ever?
I don’t want to state if GST is then best tax structure that has ever been put into action, but I’ll say that the inclusion of GST has surely made some changes to the economy of India.
GST was passed by the parliament of India on 1 st July 2017 to subsume all the other tax laws under single indirect tax law for the entire country. This was brought into effect after considering the flaws in the previous tax model.
Goods and Services Tax has brought down the level of confusion of tax laws among taxpayers. It has also put down the cascading of various tax laws between themselves.
Tax laws have become very easy to understand thanks to Goods and Services Tax (GST), which is a multi-stage destination-based tax. GST is based on value addition where tax is levied whenever a new value is added to the product.
Why should I do GST Registration for multiple states?
Registering your business under GST norms can be very beneficial, especially if your business needs to print invoices in the current state. GST registration can help claim your valuable Input Tax Credit. With the help of a GST registered business, you will get a very unique GST number for your business.
You can use the unique GST Number to raise Invoices according to the GST norms of that state. By raising invoices with GST, you can later claim the Input Tax Credit (ITC). Therefore GST registration can be made in multiple states to claim valuable ITC returns for your business.
What is the best way to get GST Registration in all the states of India?
GST registration is quite an easy process if you already have an active office space in the location. But there are times when you may face problems while registering your office space for GST. You may also find it difficult to get an active office space in the location you are operating when you don’t already own a location.
There is one way of getting an office space in a brand new location in that state. Getting office space for your business may be a little too costly or out of your reach and interests.
A better way to get a GST registered Office Space is to get your business a GST registered virtual office address by an awesome service provider.
Speaking about awesome service providers, Instapsaces do awesome work in the field of virtual offices.
InstaSpaces: Providing spectacular services all across India
Instaspaces are a major virtual office service provider in India, offering virtual office services in all the 29 states of India. They have an extensive client base that is very satisfied with the services they offer.
InstaSpaces also offer very good customer service that goes way beyond what was promised.
When you rent one of their office spaces, they give you 100% money return policy which can be revoked if you find any discrepancies with any of their offered virtual office spaces.
The good people at their place offer you the following documents for easy registration of GST.
- A NOC certificate
- A utility bill
- Certificate of proof of ownership
And all the certificates have no mention of virtual office spaces in any of them to enable easy registration under GST norms of India. If you have any more doubts feel free to text our Instabuddies on site.
Happy office hunting…
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