GST TDS/TCS Registration
GST TDS/TCS is done to maintain financial accounts per year. This document needs to be filed with the tax authorities.
Documents Required
For Sole Proprietorship / Individual
- Aadhaar card, PAN card, and a photograph of the sole proprietor
- Details of Bank account- Bank statement or a canceled cheque
- Office address proof
For Partnership deed/LLP Agreement
- Aadhaar card, PAN card, Photograph of all partners.
- Details of Bank such as a copy of canceled cheque or bank statement
- Proof of address of Principal place of business and additional place of business
- Own office – Copy of electricity bill/water bill/landline bill/ a copy of municipal Khata/property tax receipt
- Rented office – Rent agreement and NOC (No objection certificate) from the owner.
- Registration Certificate of the LLP
- Copy of board resolution
- Appointment Proof of authorized signatory- letter of authorization
For Private limited/Public limited/One person company
- Company’s PAN card
- Certificate of Registration
- MOA (Memorandum of Association) /AOA (Articles of Association)
- Aadhar card, PAN card, a photograph of all Directors
- Details of Bank- bank statement or a canceled cheque
- Proof of Address of Principal place of business and additional place of business
- Own office – Copy of electricity bill/water bill/landline bill/ a copy of municipal khata/ property tax receipt
- Rented office – Rent agreement and NOC (No objection certificate) from the owner.
- Appointment Proof of authorized signatory- letter of authorization
For HUF
- A copy of PAN card of HUF
- Aadhar card of Karta
- Photograph
- Proof of Address of Principal place of business and additional place of business
- Own office – Copy of electricity bill/water bill/landline bill/ a copy of municipal khata/ property tax receipt
- Rented office – Rent agreement and NOC (No objection certificate) from the owner.
- Details of Bank- bank statement or a copy of a canceled cheque
For Society or Trust or Club
- Pan Card of society/Club/Trust
- Certificate of Registration
- PAN Card and Photo of Promotor/ Partners
- Details of Bank- a copy of canceled cheque or bank statement
- Proof of Address of registered office
- Own office – Copy of electricity bill/water bill/landline bill/ a copy of municipal khata/ property tax receipt
- Rented office – Rent agreement and NOC (No objection certificate) from the owner.
- Appointment Proof of authorized signatory- letter of authorization
Procedure of Registration?
Fill Enquiry
Form
Associate will call
and discuss in length.
Make
Payment
Complete Documentation
& Requirements
Registration
Complete
Why Palankarta?
Palankarta gives an end-to-end service for GST, return, documentation and filing. The solution to all your questions and concerns of GST.
Experienced Financial
Professionals
Deliver Service
on Time
Cost
Effective
Assured Customer
Satisfaction
No Hidden
Fees / Charges.
Frequently Asked Questions
FAQ
General Questions
- TDS stands for tax deducted at source.
- TCS Tax Collected at Source
- Tax Collected at Source (TCS) is applicable at a rate of 1% for both intrastate (0.5% CGST and SGST each) and interstate (1% IGST)net taxable supplies under GST.
- Tax Deducted at Source (TDS) is applicable at a maximum rate of 2% under GST.
Separate registration as tax deductor/collector is required.
TDS for Government Civil Contractors
TDS will have to be deducted by the government from the contractor, which will ensure compliance of tax by sub-contractors and contractors.
TCS for E-commerce Sector
E-commerce operators under GST are given the responsibility to collect and deposit tax for each transaction made.
These dealers will receive their payment for selling goods and services online after their tax is deducted at source.