GST Registration

GST Stands for Goods & Services Tax which applies to all the India manufacturers, service providers and traders for performing commerce activity, i.e. sale and purchase of the Goods or services. It is a tax in which a variety of Central taxes like Service Tax, Excise Duty, CST and state taxes like Entertainment Tax, Luxury Tax, Octroi, VAT are absorbed in one tax called GST. You’ll have to register for GST in order to do business. Groom tax helps you with your GST registrations.

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Overview

Registration is the first requirement for compliance of any tax system. After registration under the GST Law business entity will be allotted a a unique alphanumeric code from the concerned GST department so that the person can collect the tax on behalf of the Government and can avail input tax credit of the GST paid on its inward supplies. Without registration, a person can neither collect tax nor avails any ITC of taxes paid by him.

Under GST, tax is leviable on the supply of goods & services. Every person, who wants to supply goods or services under GST, has to register himself under the GST if his aggregate turnover in a financial year crosses the threshold limit prescribed under law. However, the person whose turnover is below the threshold limit, he can also opt for voluntary registration and can transact like the other registered dealer in GST.

Applicability

Mandatory Registration in below cases:

  • Person dealing only in goods and turnover exceeds Rs 40 lakhs in a year
  • Person dealing only in services and goods or services both and turnover exceeds Rs 20 lakhs in a year
  • Person making any interstate taxable supply of goods.
  • Casual taxable person making taxable supply
  • Persons who are required to pay tax under RCM basis.
  • Electronic commerce operator
  • Non-resident taxable persons making taxable supply
  • Persons who are required to deduct tax under section 51
  • Persons who make taxable supply of goods or services or both as agent on behalf of other taxable persons.
  • Input Service Distributor
  • Persons who supply goods or services or both through electronic commerce operator.
  • Every person supplying OIDAR services from a place outside India to a person in India.

Benefits

  • GST help in promotion of the ‘Make in India’ initiative of the Government by making goods or services competitive in the international markets.
  • All taxes paid on the goods or services exported or on the inputs or input services used in the supply of such export goods or services shall be refunded.
  • GST will prevent cascading of taxes by providing a comprehensive input tax credit mechanism across the entire supply chain. Such a seamless flow of Input Tax Credit at every stage of supply will support for ease of doing business operations.

List of Documents Required

  • PAN, Adhaar card and Photo of Proprietor/Partners/Directors
  • Mobile No. and Email Id of Proprietor/Partners/Directors
  • Electricity bills with NOC and Rent agreement if rented
  • Name of Firm in case of Proprietorship firm
  • Certificate of incorporation in case of company/LLP
  • Board Resolution/Authority letter for authorized signatory
  • Nature of Goods & Services
  • Details of additional places, if any

Process

  • 1

    Use your PAN, email id and mobile no. to fill out the details for new registration.

  • 2

    Verify your mobile no. and email id with one time password after PAN verification and submit the same.

  • 3

    After submitting you will get the TRN for login with one time password.

  • 4

    Fill the details in Form REG-01 and attach the required documents and submit the form.

  • 5

    After verification of your all documents, a certificate of registration will be issued within 7 working days.

FAQs

Does GST apply to all businesses?
Yes, GST applies to all service providers, manufacturers and traders. It extends to any dealers, bloggers and writers, import-export businesses, all kinds of start-ups and companies, whether they are LLPs, proprietorships, partnerships, or private limited companies.
How many days will it take to get a GST number?
GST registration usually takes between 5-7 working days.
Can I apply for multiple GST registrations?
If a business operates in more than one state, the taxpayer must register for GST in each state separately. For example, if an automobile company sells in both Karnataka and Tamil Nadu, it must apply for GST registrations separately in both states.
I don’t know my Ward/Circle/Sector No.
Please refer your state website, a tax return preparer (TRP), or your jurisdictional officer.
I don’t know my Center Jurisdiction.
Please refer to https://www.aces.gov.in/STASE/ui/jsp/common/statelocation.do
I want to apply for registration as Interim Resolution Professionals (IRPs)/ Resolution Professionals (RPs) appointed to undertake corporate insolvency resolution proceedings for Corporate Debtors. How can I do so?
In case, you want to apply for registration as Interim Resolution Professionals (IRPs)/ Resolution Professionals (RPs) appointed to undertake corporate insolvency resolution proceedings for Corporate Debtors, select Reason for Registration as “Corporate Debtor undergoing the Corporate Insolvency Resolution Process with IRP/RP” in Business Details tab of New Registration page.

Note: You have to use PAN and CIN of the corporate debtor for registration application.

You have to declare yourself as Primary authorized signatory.

How many Promoters/Partners/Directors can I add in the application?
A maximum of 10 Promoters/Partners/Directors can be added in the Registration Application. On case of a Proprietor, there will be always only one Promoters/Partners/Director.
My principal place of business is a co-working space. What should I select as Nature of Possession of Premises?
If your principal place of business is a co-working space, please select Shared as Nature of Possession of Premises unless you have a valid (registered) sub-let agreement with the provider of the co-working space.
I supply multiple goods and/or services but the Registration Application allows specifying the top 5 goods and top 5 services. Does this mean I can only supply 5 goods and 5 services?
No, there is no limit to the number of goods you can supply or the number of services you can provide under a single registration.
Is it mandatory to add a bank account?
No, it is not mandatory to add a bank account. Details to be entered in Bank Accounts tab has been made optional and non-mandatory w.e.f. 27th Dec 2018.
What is the threshold limit for GST registration?
Business involved in sale and purchase of goods and services whose turnover exceed Rs.40 lakhs (₹20 lakhs for north-eastern and hill states) are required to register as a normal taxable person. For service providers, the threshold is ₹20 lakhs (₹10 lakhs for north-eastern and hill states).
What happens once the GST registration process is over?
Once the GST registration process is over successfully, you will get a GST registration certificate and a valid GSTIN. You become eligible to claim the input tax credit and you can start filing GST returns.
What is an E-way Bill?
EWay Bill is an Electronic Waybill a GST registered person should get for movement of goods in a vehicle whose value exceeds Rs. 50,000. You can do e-Way bill registration through e-Way Bill Portal (https://ewaybillgst.gov.in/).
What is my Date of Commencement of Business?
The date of commencement of business is the day you officially started supplying/receiving goods and/or services.
I am applying for GST Registration and “Option for Composition” field under Business Details tab is by default appearing as No. Why? Can I still opt for composition scheme with new registration?
In case, you are already registered with same PAN on the GST Portal and opted in or opt out from Composition Levy, then registering with same PAN on GST Portal will reflect the status of composition levy (opted in/opted out) across all GSTINs mapped to the PAN including any new registration.

In case, you apply for new registration with opting in or out from composition levy now, then all GSTINs registered with same PAN will be opted in and out from composition scheme by default.

One (or more) of the Promoters/Partners/Directors is not an Indian National and does not have a PAN Card which is a mandatory field. How do I add his/her details?
For foreigners, passport details are mandatory and PAN details are optional. To facilitate the same, there is a YES/NO check-box that asks.
Are you a citizen of India?
If you select NO, passport details will become mandatory and PAN details will become optional
My business bank account is not open yet. Can I add an alternate bank account?
Yes, you can add your personal bank account and update it once your business bank account is open.
What will happen in case Aadhaar details are not verified within 15 days of the generation of the TRN?
In case, your Aadhaar details are not verified within 15 days of the generation of the TRN, an ARN for Registration Application will be generated and your Registration application will be marked for mandatory site visit and approval thereafter by the Tax Official.
Is there any type of constitution of business that is excluded from Aadhaar authentication and for which authentication is not required?
Yes, for the following types of constitution of business Aadhaar authentication is not required:
  • Government Department
  • Public Sector Undertaking
  • Local Authority
  • Statutory Body

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