All About GST Registration Details Available Here
What is a GST Registration?
GST Registration of a business with the tax authorities implies obtaining a unique, 15-digit Goods and Service Tax Identification Number (GSTIN) from the GST authorities so that all the operations of and the data relating to the business can be collected and correlated. In any tax system this is the most fundamental requirement for identification of the business for tax purposes or for having any compliance verification program.
Why should I obtain a GST Registration?
Registration under Goods and Services Tax (GST) regime will confer the following advantages to a business:
legally recognised 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 supply of goods and/or services by the business.
Pass on the credit of the taxes paid on the goods and/or services supplied to purchasers or recipients.
Authorization to a taxpayer to collect tax on behalf of the Government.
Do I need to register under the GST Act?
Registration under the GST Act is mandatory if your aggregate annual PAN-based turnover exceeds INR 20,00,000 (Rupees Twenty Lakhs) however the threshold for registration is INR 10,00,000 (Rupees Ten Lakhs) if you have a place of business in Arunachal Pradesh, Assam, Himachal Pradesh, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, or Uttarakhand.
Regardless of your turnover, registration is mandatory if
- You make Inter-State Supplies
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You supply goods through an E-commerce portal
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You are a/an
Service Provider
Agent for Registered Principal
Liable to Pay Reverse Charge
Non-resident Taxable Person
Casual Taxable Person
Input Service Distributor
TDS/TCS Deductor
E-commerce Operator
An online data access and retrieval service provider
When do I need to register under the GST Act?
Within 30 days from the date when your liability arose. In case of a Casual Taxpayer or Non-resident taxable person, 5 days prior to the commencement of the business.
Where and How can I apply for registration under the GST Act?
You can apply online for a GST Registration using the GST web portal. No physical application is required. (Online GST Registration)
Alternatively, you may use the offline utility provided on the GST Website available at (provide link to download Registration Offline Utility)
It is important to note, even though you are using the Offline Utility for Registration, the process is still paperless and online since you are uploading the application online.
Where are the prerequisites for registration on the GST Portal?
To apply for a new registration, you must have
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PAN card/details of your business
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Valid and accessible e-mail ID and Mobile Number
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Documentary proof of constitution of your business
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Documentary proof of promoters/partners
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Documentary proof of principal place of business
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Details of additional places of business, if applicable
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Details of Authorised Signatories including photographs and proof of appointment
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Details of Primary Authorised Signatory
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Business bank account details along with bank statement or first page of bank passbook
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Valid Class II or Class III DSC of authorised signatory in case of companies and LLPs; valid Class II or Class III DSC or Aadhaar (for E-Sign option) in case of other entities. Note: Your mobile number should be updated with the Aadhaar authorities otherwise you cannot use E-Sign option because OTP will be sent to the number in the Aadhaar database.