January 14, 2019

GST Registration Procedure:

GST registration is mandatory for persons and entities supplying goods or services in India, when the aggregate value of supply is more than Rs.20 lakhs per annum. In special category state, the annual aggregate turnover threshold for GST registration is Rs.10 lakhs.

CONTENTS:

1. Eligibility Criteria’s of GST Registration:
2. Various Types of GST Registration:
3. Step by Step Procedure of GST Registration:
4. Required Documents for GST Registration:

1. Eligibility Criteria’s of GST Registration:

Some of the major Eligibility Criteria’s of GST registration are as following:

• Turnover Criteria

If a person or an entity has an aggregate turnover of more than Rs.20 lakhs & In special category state, exceeds Rs.10 lakhs then GST registration is mandatory.

• Inter-State Supply

If a supplier of goods supplies goods from one state to another, liable for obtaining GST registration, even if the annual aggregate turnover criteria is not satisfied.

• Supply through E-Commerce

Any person who supplies goods or services through an e-commerce platform (Like Flipkart, Amazon, PayTM), required to obtain GST registration mandatorily irrespective of turnover.

• Causal Taxable Persons

Any person who undertakes supply of goods or services periodically or through a temporary stall or shop must obtain GST registration irrespective of turnover.

• Voluntary Registration

Any person can obtain GST registration voluntarily irrespective of turnover or any other criteria and voluntary GST registration can be surrendered by the applicant at anytime.

2. Various Types of GST Registration:

The most common types of GST registrations in India are as follows:

• Normal Taxpayer

To obtain normal taxpayer GST registration, the application would not have to pay a deposit and will not have an expiry date.

• Composition Taxpayer

Taxpayers enrolled under the Composition Scheme can pay a flat GST rate. However, the taxpayer would not be allowed to claim input tax credit.

• Casual Taxable Person

To setup a stall or seasonal shop a casual taxable person can obtain registration, by depositing an advance equal to the amount of GST liability expected during the period. This registration is normally provided for a period of up to 3 months and can be renewed or extended.

• Non-Resident Taxable Person

Any person located outside India who is supplying goods or services to residents in India, get registered under this scheme, and must deposit an advance equal to the amount of GST liability expected during the period. This registration is normally provided for a period of up to 3 months and can be renewed or extended.

3. Step by Step Procedure of GST Registration:

GST registration can be done online through the GST Portal, On submission of a GST registration application, GST ARN is provided immediately. Using the GST ARN, the application status can be checked and queries if any can be replied by the applicant. Within 7 days of ARN generation, the taxpayer would receive GST registration certificate and GSTIN.

(I) : Go to the GST Portal
  • Access the GST Portal ->https://www.gst.gov.in/
  • Click on Services -> Registration > New Registration option.
(II) : Generate a TRN by Completing OTP Validation
  • Select the New Registration option in the page displayed. In case anyone left a GST registration application without completing, the section TRN number option can be used to continue to fill the old application.
  • In the drop down list, select the Taxpayer type from the options provided.
  •  In the State/UT and District drop down list, select the state for which GST registration is required and district.
  • Enter the legal name of the business/ entity as mentioned in the PAN database. There will be an automated check with the PAN database.
  • In the Permanent Account Number field, enter PAN of the business organization or PAN of the Proprietor. GST registration is linked to PAN. Hence, in case of company or LLP, enter the PAN of the company or LLP.
  • In the Email Address field, enter the email address of the Primary Authorized Signatory. (Will be verified in next step)
  • In the Mobile Number field, enter the valid Indian mobile number of the Primary Authorized Signatory. (Will be verified in next step)
  • Click the PROCEED button.
(III) : OTP Verification & TRN Generation

On submission of above information, OTP Verification page is displayed. Enter the two separate OTP sent to validate email and mobile number (Validity of OTP: 10 minutes).

  • In the Mobile OTP field, enter the OTP received on mobile number.
  • In the Email OTP field, enter the OTP received on email address.
(IV) : TRN Generated

On successfully completing OTP verification, a TRN will be generated.

(V) : Login with TRN

Enter the TRN generated and captcha text as shown on the screen.

(VI) : Submit Business Information

In the first tab, business details must be submitted.

(VII) : Submit Promoter Information

In the next tab, details of the promoters of the business must be submitted.

(VIII) : Submit Authorized Signatory Information

The authorized signatory will have full access to the GST Portal and will be able to undertake a wide range of transactions on behalf of the promoters

(IX) : Principal Place of Business

In this section, the details of principal place of business must be provided.

(X): Additional Place of Business

In case you have additional place of business, enter details of the same in this tab.

(XI) : Details of Goods and Services

In this section, For goods supplied, provide HSN code and for services, provide SAC code. Top 5 goods or services can be provided.

(XII) : Details of Bank Account

In this section, provide details of the bank account like account number, IFSC code and type of account and upload a copy of the bank statement or passbook in the place provided.

(XIII) : Verification of Application

In this step verify the details submitted in the application before submission.

(XIV) : ARN Generated

On signing the application, the success message is displayed.

NOTE: Acknowledgement will be received in next 15 minutes on the registered e-mail address and mobile number. ARN receipt is sent on e-mail address and mobile number. Using the GST ARN Number, one can track the status of GST registration application.

4. Required Documents for GST Registration:

The following is the list of documents required for obtaining GST registration:

• Photograph of Stakeholders (Proprietor/Promoter/Partner)
• ID /Address Proof of Stakeholders (Proprietor/Promoter/Partner)
• Proof of Constitution of Business (Any One)
• Photo of the Authorized Signatory (in case of Artificial Person)
• Proof of Principal Place of business (Any One)
• Proof of Details of Bank Accounts (Any One). Etc.

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