GST Registration – Online

GST (Goods and Service Tax) is the biggest tax reform in India, tremendously improving ease of doing business and increasing the taxpayer base in India by bringing in millions of small businesses in India. By abolishing and subsuming multiple taxes into a single system, tax complexities would be reduced while tax base is increased substantially. Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim an input tax credit of GST paid and/or could be penalized. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.

Types of entities for GST

There are various types of GST registration and some types of entities like casual taxable persons, non-resident taxable persons or persons supplying through eCommerce operators are required to mandatorily obtain GST registration irrespective of turnover limit.

There were different taxes like excise duty, central sales tax, local sales tax, inter state sales tax, Service Tax, Value Added Tax and many other indirect taxes on goods and services imposed by the Central Government as well as the State Governments in India.

Service Providers

Any person or entity who provides service of more than Rs.20 lakhs in aggregate turnover in a year is required to obtain GST registration. In special category states, the GST turnover limit for service providers has been fixed at Rs.10 lakhs.

Goods Suppliers

As per notification No.10/2019 any person who is engaged in the exclusive supply of goods whose aggregate turnover crosses Rs.40 lakhs in a year is required to obtain GST registration. To be eligible for the Rs.40 lakhs turnover limit, the supplier must satisfy the following conditions

  1. Should not be providing any services.
  2. The supplier not be engaged in making intra-state (supplying goods within the same state) supplies in the states of Arunachala Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim,
  3. Should not be involved in the supply of ice cream pan masala or tobacco.

If the above conditions are not met, the supplier of goods would be required to obtain GST registration when the turnover crosses Rs.20 lakhs and Rs.10 lakhs in special category states.

Special Category States

Under GST, the following are listed as special category states – Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand.

Aggregate Turnover

Aggregate turnover = (Taxable supplies + Exempt Supplies + Exports + Inter-State Supplies) – (Taxes + Value of Inward Supplies + Value of Supplies Taxable under Reverse Charge + Value of Non-Taxable Supplies). Aggregate turnover is calculated based on the PAN. Hence, even if one person has multiple places of business, it must be summed to arrive at the aggregate turnover.

PAN Card of the Business or Applicant

GST registration is linked to the PAN of the business. Hence, PAN must be obtained for the legal entity before applying for GST Registration.

In replacement of the above the Central Government has brought in Goods and Service Tax (GST). The law governs all the state governments and also the central government.full name of GST is Goods and Services Tax (GST). This is being implemented in lieu of more than 20 indirect taxes imposed by the Center and the States.

There are many benefits on online registration of GST. We not only register but also provide the services to file all the returns and audit etc. of the GST.

It has become essential to register to carry out any sale of your products or services on Amazon, Flipkart, Ebay, Snapdeal etc. Otherwise also, it is essential to register if the turnover of your business exceeds 20 Lac in any financial year. It is mandatory to register in GST for any trade from one state to another.

SALE WITHIN SAME STATE: One has to register for trade or service within same state if the turnover is above 20 Lacs or the trade demands compulsory registration. It is for SGST and CGST. The tax goes in the account of the State Government and the Central Government.

INTER STATE SALE: If the sale or service is made from any place in one state to any place in another state, then also the GST registration is essential, even if the turnover is not 20 Lakh. It is for IGST. The Tax goes in the account of Inter State account maintained by the Central Government but a share goes to each state.

FAILURE TO REGISTER IN GST: Failure to register with GST invites heavy penalty and prosecution.

DOCUMENTS REQUIRED FOR GST REGISTRATION

1. PAN Card.
2. Passport Size Photo.
3. ID Proof & Address Proof.
4. Passbook first-page copy or Cancelled Cheque.
5. Electricity Bill or Rent agreement (If you are on rent).

Identity and Address Proof along with Photographs

The following persons are required to submit their identity proof and address proof along with photographs. For identity proof, documents like PAN, passport, driving license, Aadhar card or voter’s identity card can be submitted. For address proof, documents like passport, driving license, Aadhar card, voter’s identity card and ration card can be submitted.

  1. Proprietary Concern – Proprietor
  2. Partnership Firm / LLP – Managing/Authorized/Designated Partners (personal details of all partners are to be submitted but photos of only ten partners including that of Managing Partner are to be submitted)
  3. Hindu Undivided Family – Karta
  4. Company – Managing Director, Directors and the Authorised Person
  5. Trust – Managing Trustee, Trustees and Authorised Person
  6. Association of Persons or Body of Individuals –Members of Managing Committee (personal details of all members are to be submitted but photos of only ten members including that of Chairman are to be submitted)
  7. Local Authority – CEO or his equivalent
  8. Statutory Body – CEO or his equivalent
  9. Others – Person(s) in Charge

Business Registration Document

Proof of business registration must be submitted for all types of entities. For proprietorship there is no requirement for submitting this document, as the proprietor and proprietorship are considered the same legal entity. In case of partnership firm, the partnership deed must be submitted. In case of LLP or Company, the incorporation certificate from MCA must be submitted. For other types of entities like society, trust, club, government department or body of individuals, registration certificate can be provided.

Address Proof for Place of Business

For all places of business mentioned in the GST registration application, address proof must be submitted. The following documents are acceptable as address proof for GST registration.

For Own premises

Any document in support of the ownership of the premises like latest Property Tax Receipt or Municipal KHATA copy or copy of Electricity Bill.

GST Registration (For Individual):-

GST Registration in Regular Scheme and Composition is applicable on that person, which is Annual Turnover up to 1.5cr. If turnover less then 1.5 cr still normal scheme can be chosen. This taxpayers are filling return GSTR-3B Monthly or GSTR-1 Quarterly basis.

GST Registration (For Pvt Ltd):-

GST Registration Regular Scheme is applicable on that person, which is Annual Turnover exceed 1.5cr. If turnover exceed 1.5 cr still normal scheme can be chosen. This taxpayers are filling return GSTR-3B Monthly or GSTR-1 Monthly basis.

GST Registration (For LLP/Partnership):-

GST Registration Regular Scheme is applicable on that person, which is Annual Turnover exceed 1.5cr. If turnover exceed 1.5 cr still normal scheme can be chosen. This taxpayers are filling return GSTR-3B Monthly or GSTR-1 Monthly basis.

GST Registration Temporary:-

Regular taxpayers, and casual taxable person has to submit the deposit tax well in advance for the GST registration. The amount that is needed to give the tax would have to be equal to the expected tax liable during the valid period of the GST registration. So, after applying for the GST registration, a temporary registration number will be generated and the for the payment of the GST deposit. After paying the GST deposit, the taxpayer is credited electronically and the GST registration certificate is given. The validity of the temporary GST registration is only for 90 days after the registration.

GST Return Filing (Regular Scheme):-

GST Return filling in Regular Scheme is applicable on that person, which is Annual Turnover exceed from 1.5cr. If turnover less then 1.5 cr still normal scheme can be chosen. This taxpayers are Return filling GSTR-1 or GSTR-3 on Monthly basis.

GST Return Filing (Composition Scheme):-

GST Return filling in Composition Scheme is applicable on that person, which is Annual Turnover exceed from 75 lac. GST law where the assessees have to pay tax at a minimum rate based on their turnover. This is mostly similar to the provisions.

Opting GST Composition Scheme to Regular Scheme:-

Opting GST Composition scheme to Regular, if a business is Registered under the composition scheme of GST and cross the limit of 1.5 crores within the Financial year, Business registration has to change to Regular, and the business has to Submit GSTR-4 for the current quarter and GSTR-1 also from the month in which he crossed the limit.

Documents required for Composition Scheme

  • Pan Card
  • Aadhar Card
  • Trade Name and product & Service Description
  • Lease Agreement (If Office is Rented)
  • No Objection Certificate (NOC) form landlord
  • Electricity Bill
  • Passport Size Photograph
  • Bank statement/Cancel Cheque
  • Property Papers (If Owned) with Electricity Bills

Documents required for Regular Scheme

  • Pan Card
  • Aadhar Card
  • Trade Name and product & Service Description
  • Lease Agreement (If Office is Rented)
  • No Objection Certificate (NOC) form landlord
  • Electricity Bill
  • Passport Size Photograph
  • Bank statement/Cancel Cheque
  • Property Papers (If Owned) with Electricity Bills

Cost of Registration: Rs.400/-

for Any of the above

GST response of any notice: Rs.1,999/-

Following documents shall be required

  • GST Login Credentials
  • Copy of Notice
  • Registered Mobile Number
  • Registered Email-id.

 

 

 

 

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