In India, almost 500+ services and over 1300 products fall under the 4 major GST slabs. These comprises of 0%, 5%, 12%, 18%, and 28%. The GST Council periodically revises the items under each slab rate to adjust them according to industry demands and market trends. The updated structure ensures that the essential items fall under lower tax brackets, while luxury products and services entail higher GST rates.

State Goods And Services Tax (SGST)

Government charges SGST on intra-state goods and services transactions. Subsequently, the revenue is collected by the state where the transaction in question were carried out.

Central Goods and Services Tax (CGST)

CGST is charged on the intra- state transaction of goods and services and is levied by the central government. The connected body is also responsible for collecting the revenue generated through this tax.

Integrated Goods and Services Tax (IGST)

This GST tax is charged on inter-state transactions of  goods and services and applied on imports and exports. Note that both center and state share the revenue collected through  IGST as per the GST bill.

The state goods and services tax portion of this tax is received by the state in which the goods and services in question were consumed.

Union Territory Goods and Services Tax (UGST)

This GST tax is levied by Union Territories and charged on all transactions carried out in any UT in India. It is similar in terms of payment rules on the GST platform and distribution.

Documents for GST IN registration of Sole Proprietor / Individual.

• PAN card of the owner
• Address proof
• Aadhaar card of the owner
• Photograph of the owner
• Bank account details

 Documents for GST IN registration of Partnership Firm (including LLP).

• PAN card of all partners (including managing partner and authorized signatory)
• Address proof of principal place of busines
• Bank account details*
• Copy of partnership deed
• Registration certificate or board resolution (for LLP)
• Photograph of all partners and authorised signatories
• Aadhar card of authorised signatory
• Proof of appointment of authorized signatory
• Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.)

Documents for GST IN registration of HUF (Hindu Undivided Family).

• PAN card of HUF
• Address proof of principal place of business**
• Bank account details*
• Photograph of the owner
• PAN card and Aadhar card of Karta

Documents for GST IN registration of Company (Both Indian and Foreign, Public and Private).

• Certificate of incorporation given by Ministry of Corporate Affairs
• Memorandum of Association / Articles of Association
• PAN (Company)
• Bank account details
• Address proof of principal place of business
• PAN card and Aadhar card of authorized signatory. The authorised signatory must be an Indian even in case of foreign companies/branch registration
• Board resolution appointing authorised signatory / Any other proof of appointment of authorised signatory
• Photograph of all directors and authorised signatory
• PAN card and address proof of all directors of the Company