How to register GST?
GST registration is required in most of the cases where individuals and entities are involved in supplying goods and services in India. Registering for GST means you can also collect GST from your customers.
GST registration can be done easily at the online GST portal (https://www.gst.gov.in/). Eligible business owners can fill a registration form on the GST portal and submit the necessary documents for registration. The registration process can be completed within 6 working days.
When is it required for a business owner to register for GST?
However, one is required to meet the turnover criteria for GST registration that is GST registration becomes mandatory when the aggregate value of supply is more than Rs.40 lakhs per annum.
In case of the special category states, GST registration becomes mandatory when the aggregate value of supply is more than Rs.10 lakhs per annum
Note: Special category states include Arunachal Pradesh, Assam, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh, Uttarakhand.
Other Notified Categories
- If you own an e-commerce business
- If you are making an inter-state taxable supply
- If you are a casual taxable person
- If you are required to pay tax under reverse charge
- If you are required to pay tax under Section 9, sub-section (5)
- If You are a non-resident taxable person liable to pay taxes
- If you are an input service distributor;
Which documents required for GST registration?
Here is a list of documents required for obtaining GST registration:
- Permanent Account Number (PAN) and Aadhaar card of the applicant
- Proof of business registration i.e. Partnership deed or incorporation certificate
- Identity proofs (PAN cards, voter IDs or Aadhar cards) and address proof of promoters and/or partners along with photograph.
- Address proof for the place of business, it can be electricity bill, Property Tax Receipt, rent or lease agreement or for an SEZ, documents issued by the government.
- Bank account statement of the company, firm or individual (showing name, address) or cancelled cheque or the first page of your Pass Book
- Digital Signature
- Copy of Resolution passed by BoD/ Managing Committee and Acceptance letter or letter of Authorisation.
GST Registration Process
GST registration can be done online through the GST Portal or at a GST Seva Kendra.
Steps to register for GST online at GST Portal – GST REG-01
GST Registration – PART A
- Go to the GST Portal, can accessed directly at https://www.gst.gov.in/
- Click on ‘Registration’ under the ‘Services’ tab and then click on ‘New registration option’.
- In the drop down list of ‘I am a’, select the Taxpayer type from the options provided.
- After that, fill the details such as the legal name of your business, state, email address, mobile number and PAN card for your new registration.
- On submission of the above information, the OTP Verification page is displayed. Two separate OTPs will be sent to validate email and mobile number, verify it and click on ‘proceed’.
Note: OTP will be valid only for 10 minutes.
- After OTP verification, a TRN (Temporary Reference Number) will be generated. TRN will now be used to complete and submit the GST registration application in Part B.
GST Registration – PART B
- Login with TRN: After successfully generation of TRN, now you can begin the GST registration process by login with your TRN and enter the CAPTCHA code. Complete the OTP verification with the OTPs sent to your email id and registered mobile number. You will then be redirected to the GST registration page.
- Submit Business Information: At this page, you are required to submit business information such as the name of your company, PAN, name of the state you are registering your business in and date of commencement of your business. You have also to mention if you have any existing registrations.
- Submit Promoter Information: Details of the promoters of the business must be submitted. Details of up to 10 promoters or partners of your business can be submitted. In case of proprietorship firm, you will have to submit the details of the proprietor. The details to be submit are personal details (name, DOB, address, email etc.) designation, DIN (Director Identification Number), Photo, PAN and Aadhaar number.
- Submit Authorized Signatory Details: The authorised signatory is a person nominated by the promoters of the company to be responsible for filing GST returns of company. Hence, the details of the person you have authorised to file GST returns have to be submit.
- Principle Place of Business: The Principal Place of Business is the primary location within the State where a taxpayer’s business is performed. Detail includes address of principal place of business, official contact details (Email address, telephone number) and nature of possession of premises.
- Additional Place of Business: Add details of any additional places of business (if any), details of goods and services to be supplied, and the bank account details of the company.
For example, if you are a seller on amazon or other ecommerce portal and use the sellers warehouse, that location can be added as an additional place of business.
- Details of Goods and Services: In this section, the taxpayer must provide details of top 5 goods and services supplied by the applicant. However, This is just an indicative list.
- Details of Bank Account: Here, firstly enter the number of bank accounts held by the applicant. Like If there are 6 bank accounts, enter 6. Then provide details of the bank account like account number, IFSC code and type of account. At last, upload a copy of the bank statement or passbook in the place provided.
- Save and continue: Now click on ‘Save and continue’. Once you submit the application, you will need to sign it digitally and Click on ‘Submit’ to save your details.
- Application Reference Number: After submission, you will receive an Application Reference Number (ARN) via email or SMS to confirm your registration.
Once you have registered under GST, you will receive a unique GSTIN (Goods and Service Tax Identification Number). The Central Government issues a state-wise, 15-digit number once you complete registration.
Once you register, you can also download the registration certificate from the GST portal.
How to track the status of your GST registration
After following all the process of Registration, you can track the status of your application without –
- Log on to http://gst.gov.in
- Click on the ‘Services’ tab
- Select ‘Registration’
- Choose the ‘Track application status’ option
- Enter your ARN in the new window and click on search
- Your application status will be displayed on the screen and sent to your registered mobile number and email ID
Alternatively, you can also check your application status:
- Log in to http://gst.gov.in with the help of your credential
- Look for the services tab for a drop-down menu and select ‘Registration’
- Click on ‘Track application status’, enter your ARN and click on search
Important facts about GST registration
- There are no fees to register for GST
- If you are a supplier in more than one state you will need to register for GST in all the states from where you supply goods.
- Failing to register for GST can result in a penalty of a minimum Rs.10, 000 or 10% of the amount due. In case of intentional tax evasion, the penalty can be 100% of the owed taxes.