Goods and Service Tax
Goods and Services Tax (GST) is an integrated tax regime in India that unifies indirect taxation. Commercial businesses with the above-stated turnover amounts are required for GST Registration. The current guide provides a step-by-step process to register under GST. How to apply for GST registration and which portal is used for GST registration all points explained on the Registration Guru website.
Who Requires GST Registration?
Organizations and individuals need to apply for GST Registration in the following cases:
Turnover Threshold: A turnover of more than Rs. 40 lakh (Rs. 20 lakh for service providers) in a year has to be registered. For special category states, it is Rs. 10 lakh.
Interstate Supply: Any business involved in inter-state supply of goods or services.
E-commerce Sellers: GST Registration for Online Businesses sell through e-commerce websites such as Amazon or Flipkart.
Non-Resident and Casual Taxpayers: Temporary businesses operating in another state.
Other Specific Cases: Input service distributors, agents of a supplier, and taxpayers under the reverse charge mechanism.
Documents Required for GST Registration
For enrolling in GST Identification Number Registration, the applicants have to furnish the following documents:
PAN Card of the company or individual.
Aadhaar Card for verification of identity.
Business Registration Certificate or Certificate of Incorporation.
Address Proof of the business and office premises (electricity bill, rent agreement, etc.).
Details of Bank Account (Cancelled cheque or bank statement).
Digital Signature (for companies and LLPs).
Photos of the owner/partners/directors.
Step-by-Step GST Registration Process
GST Registration Process is the very simple need to follow all the processes correctly follow these steps:
Step 1: Visit the GST Portal
Go to the official GST portal: www.gst.gov.in.
Step 2: Click on 'Register Now'
In the 'Taxpayers' tab, select 'Register Now' and then 'New Registration.'
Step 3: Fill in Part A of the Application
Enter the routine details such as:
Business name and PAN
Mobile number and e-mail ID
State of operation Once you've been authenticated through OTP, you'll be given a Temporary Reference Number (TRN).
Step 4: Fill in Part B of the Application
Login using TRN fill up the detailed application form, e.g., business information, and bank information, and upload a file.
Step 5: File Application with DSC or EVC
For LLPs and companies, a Digital Signature Certificate (DSC) is mandatory. The remaining applicants can authenticate through the Electronic Verification Code (EVC).
Step 6: Application Processing and ARN Generation
On submission, you are provided with an Application Reference Number (ARN) to monitor your application.
Step 7: GSTIN Issuance
After approval, you will be emailed your GST Identification Number (GSTIN) and certificate.
Common Issues and How to Avoid Them
Incorrect Documents: Ensure that all documents uploaded are readable and in line with the details in the application.
Aadhaar and PAN mismatch: Check the Aadhaar and PAN information before applying.
Technical Errors: Use updated browsers and avoid peak hours for smoother processing.
Overview
GST registration is a must for eligible businesses and maintains legal compliance while allowing businesses to claim input tax credits. With the assistance of this guide, you can efficiently execute your GST registration process.
For more details, log on to the official GST portal or connect with a GST Consultant.