Hi,
I want to start a company that buys and sells products or gift vouchers online. I'm from an IT background, so know nothing about starting a company. After researching, I've come to a conclusion that I want to open a sole proprietorship. I have a salary account in HDFC. I've seen that I have to register for GST for turnover above 20 lakh, which is true in my case. I'm confused on how to start this. I'm not sure if I need to open a current account with HDFC for this. I want to register for GST as soon as possible. Can I register with my salary account and later change the bank account with the gst authorities?. Also, is shop registration mandatory or gst alone would be sufficient?
Please guide me as I don't know anything about this as of now and not sure with how to start with the registrations.
Thank you
CAclubindia
