What is GST?
GST is a destination-based, value-added tax on most goods and services supplied in India. It replaced a complex web of indirect taxes such as VAT, CST, service tax and excise duty. Introduced on 1 July 2017 through the 101st Constitutional Amendment, GST is overseen by the GST Council, made up of the Union and state finance ministers.
Under GST, tax is collected at every stage of the supply chain, with businesses passing it to the government and customers bearing the final cost. Only the value added is taxed, and businesses get credit for tax paid on inputs.
GST has simplified compliance, increased transparency and brought previously unorganised sectors into the formal economy.
GST registration services in Hyderabad
GST registration is mandatory for businesses that cross the turnover threshold or operate in specified categories, so it's important to get it right. SimplyBiz makes GST registration in Hyderabad simple, fast and efficient.
Documents required for GST registration
To get started, you'll need:
- PAN card of the business or applicant
- Aadhaar card of all directors or owners
- Proof of business address
- Bank account details (statement or cancelled cheque)
- Authorisation letter, signed digitally
Our GST consultants will guide you through gathering and submitting each document correctly.
How to register for GST in Hyderabad
Here's how our registration process works:
- Initial consultation: A GST expert contacts you to understand your business model and requirements.
- Document collection: We gather the necessary documents electronically.
- Processing: Our consultants prepare your application and answer any questions you have.
- Digital filing: The whole process is online, with no need to visit any office.
- Certificate delivery: Once approved, we provide your GST registration certificate, so you can collect and remit GST legally.
The process typically takes 3 to 7 working days, depending on verification.