How to Register gst for Sole Proprietor

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How to Pay GST in India for a Sole Proprietorship

• What is a Sole Proprietorship?
• Sole Proprietorship comes under the company
  registration. It is the business that
  legitimately exists because of the owner. All
  the assets and liability are owners' matter that
  is Profits and losses are taxed on the
  individual's Tax Returns.
• Who can opt for Sole Proprietorship?
• A person who has less investing plans that means
  he has less money to invest in the business can
  go with the option with Sole Proprietorship
  because he will be the sole head in the company
  and all the decisions will be made by him/her.
• What are the Advantages?
• Your Decisions are Independently yours to make,
  no interference
• You are the owner and with zero interference only
  its decision that will affect or get implemented
  into your business.
• Easy Formation and dissolution
• The endowment of a proprietorship is an easy
  process Unquestionably but the process varies
  because of the country, state, or locality.
• High flexibility in management
• It's 100 owner choice to make decisions for the
  kind of business he/she is investing in with
  maximum privacy.
• Tax advantages
• Unlike other organizations, the owner is taxed
  only once. He/she pays only the personal income
  tax that too on the profits earned by the
  entity. The entity itself does not have to pay
  income tax.

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• How to register as a sole proprietorship?
• To register for the sole proprietorship, one must
  have a PAN Card, Name of the business, Bank
  account number and few more registration such as
  shop and establishment license and GST number,
  etc.
• You can also opt for GST Suvidha centre for the
  same and even more such as GST registration, run
  filing, Accounting, Balance Sheet, Etc.
• Documents Required
• Utility Bill of the business place
• KYC documents of the Bank
• A license by the Shops and Establishment Act
• ITRs of the Proprietor
• What are the Compliances required?
• As a sole owner, you must file ITR yearly.
• You must file GST Return regularly.
• A sole proprietor should also deduct TDS and file
  TDS return if liable for Tax Audit.