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We assist you in listing down all required documents for GST Registration
GST Registration
- Still not registered?
- Lose business opportunities
- Rs. 1,999 per GSTIN
Still not registered for GST? You may lose out business opportunities & Tax Compliance
Get Your Business RegisteredOverview
What is gst Registration
In GST Regime, Business whose turnover exceeds Rs. 20 Lakhs (Rs. 10 lakhs For North East and hill states) is required to register as a normal taxable person. This process of registration is called GST Registration.
For Certain businesses, registration under GST is mandatory. If the organization carries business without registration under GST, it will be offence under GST and heavy penalties will apply.
GST Registration usually takes 2-6 working days. We'll help you to register for GST in 4 Easy steps.
Eligibility
Who should Register for GST?
- Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
- Businesses with turnover above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
- Casual taxable person / Non-Resident taxable person
- Agents of a supplier & Input service distributor
- Those paying tax under the reverse charge mechanism
- Person who supplies via e-commerce aggregator
- Every e-commerce aggregator
- Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
Process
Our Approach
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Once you gather and upload the documents, we fill out your applications in Form REG-01
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Once approved by you and payment of fee, we will submit your application with GSTN
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The Registration Certificate will be issued to you within 3 working days
Why register with us
Benefits
One stop solution
One stop solution for all your GST registration related queries.
No Physical visit required
Completely online process
Handholding
Step by step guidance
Secure & Confidential
We adhere to very strong security protocols and are in the process of being ISO 27001 certified.
Checklist
Documents Required for GST Registration
1. PAN Card of the Business or Applicant
GSTIN is linked to the business. Hence, PAN is required to obtain GST certificate
2. Identity and Address Proof of Promoters/Proprietor
Identity proof and Address proof documents like PAN, passport, driving license,aadhaar card or voters identity card must be submitted for all the promoters
3. Business Registration Document
Proof of business registration like incorporation certificate partnership deed or registration certificate must be submitted for all types of registered entities.
4. Address Proof for Place of Business
Document like rental agreement or sale deed along with copies of electricity bill or latest property tax receipt or municipal copy must be submitted for the address mentioned in the GST application.
5. Bank Account Proof
Scanned copy of the first page of bank passbook, including few current transactions and address of the business must be submitted for the bank account mentioned in the registration application/ Cancelled Cheque
6. Digital Signature
Class 2 or class 3 digital signature certificate are required for the authorized signatory to digitally sign and submit the GST application.
7. Authorization letter/board resolution
Letter of authorization/board resolution for authorised signatory
FAQ
GST registration FAQS
All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN.
If a business operates from more than one state, then a separate GST registration is required for each state. For instance, if a sweet vendor sells in Madhya Pradesh and Maharashtra, he has to apply for separate GST registration in Madhya Pradesh and Maharashtra respectively.
A business with multiple business verticals in a state may obtain a separate registration for each business vertical.
No. GSTN shall migrate all such assesses/dealers to the GSTN and shall issue GSTIN and password. They will be asked to submit all requisite documents and information required for registration in a prescribed period of time. Failure to do so will result in cancellation of GSTIN number. The service tax assessees having centralized registration will have to apply afresh in the respective states wherever they have their businesses.
Registration under Goods and Service Tax (GST) regime will confer following advantages to the business:
- Legally recognized as supplier of goods or services.
- Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on Goods or Services or both by the business.
- Legally authorized to collect tax from his purchasers and pass on the credit of the taxes paid on the goods or services supplied to purchasers or recipients.
In case of following categories of persons registration under GST is compulsory compulsory? irrespective of the threshold limit:
- Person making an interstate taxable supply
- Casual Taxable Person
- Person who are required to pay under reverse charge
- Nonresident taxable person
- Persons who are required to deduct tax under Section 37
- Persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise
- Input service Distributor
- Person who supply goods and/or services, other than branded services, through e-commerce operator
- Every e-commerce operator
- An aggregator who supplies services under his brand name or trade name
- Such other persons as may be notified
Small businesses having an annual turnover less than Rs. 1 crore* ( Rs. 75 Lakhs for NE States) can opt for Composition scheme.
*GST Council decided to increase the limit to Rs. 1.5 crores but notification is awaited. Composition dealers will pay nominal tax rates based on the type of business:
- Composition dealers are required to file only one quarterly return (instead of three monthly returns filed by normal taxpayers).
- They cannot issue taxable invoices, i.e., collect tax from customers and are required to pay the tax out of their own pocket.
- Businesses that have opted for Composition Scheme cannot claim any input tax credit.
Composition scheme is not applicable to :
- Service providers
- Inter-state sellers
- E-commerce sellers
- Supplier of non-taxable goods
- Manufacturer of Notified Goods
At Rs 1,999 per GSTIN
Still not registered for GST? You may lose out business opportunities & Tax Compliance
Disclaimer
The information provided on this page is for general informational and educational purposes only and should not be construed as legal, tax, financial, or professional advice. While every effort has been made to ensure accuracy, laws and regulations may change from time to time, and interpretations may vary based on specific facts and circumstances.
Readers are advised to consult their qualified tax consultant, chartered accountant, or legal advisor before making any decision or taking any action based on this content. Legal Idea Consultancy shall not be held responsible for any loss, liability, or consequences arising from the use of the information contained herein.
This content does not create any professional-client relationship between the reader and Legal Idea Consultancy Private Limited.