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Fincash » Goods and Services Tax » GST Registration Procedure

GST Registration Procedure

Updated on May 13, 2024 , 57224 views

The Goods and Services (GST) registration procedure applies to all individual or businesses supplying goods and services across India. If a seller’s aggregate supply exceeds Rs. 20 lakhs, then it becomes mandatory for the seller to opt for GST registration.

GST Registration Procedure

Eligibility Criteria for GST Registration

Individuals and businesses have to meet the following criteria for GST Registration.

1. Interstate supply

Under this category, the supplier has to take responsibility for obtaining GST on the transfer of goods from one state to the other.

2. E-commerce platforms

Those supplying through online e-commerce platforms should apply for GST registration. The individual is required to register irrespective of the yearly turnover.

3. Casual taxable person

Individuals supplying goods periodically through temporary shop or stall must complete GST registration.

4. Volunteer Registration

An individual or business can register voluntarily. Voluntary GST registrations can be surrendered at any time.

Documents Required for GST Registration

Well, you might know that GST Registration is an important process, therefore you need to have a set of documents.

The following list of documents are required during registration:

Document Type Document
Proof of business Certificate of Incorporation
Passport size photo Passport size photo of the applicant, promoter/partner
Photo of the authorised signatory Photocopy
Proof of appointment of authorised signatory (anyone) Letter of authorisation or Copy of resolution passed by BoD/ Managing Committee and acceptance letter
Proof of business location (anyone) Electricity Bill or municipal document or legal ownership document or property tax Receipt
Proof of Bank account details (anyone) Bank statement or cancelled cheque or first page of passbook

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Types of GST Registration

Here are the categories for GST registration:

1. Normal taxpayer

This is for taxpayers operating business in India. The normal taxpayer does not require a deposit, they also provided with no limit for validity date.

2. Casual taxable person

Taxpayer establishing a temporary stall or shop shall register under Casual Taxable Person.

3. Composition taxpayer

If an individual wish to enrol as a Composition Taxpayer, GST Composition Scheme should be chosen. Taxpayers enrolled under the composition scheme will avail the advantage to pay a Flat GST rate, but will not be allowed to claim the input tax credit.

4. Non-resident taxable person

This category is for the taxable individuals located outside of India. The taxpayers should be supplying goods or services to residents in India.

GST Registration Process

Following are the steps to register under GST portal:

  • Access GST portal
  • Select New Registration from services tab
  • Select Taxpayer type and then select State
  • Enter name of business as mention in PAN base
  • In PAN field, enter the required details and submit Email address or Primary Authorised signatory
  • Click proceed, enter Mobile OTP
  • Enter Email OTP and the TRN (Temporary Reference Number) will be generated.

Step 2: Use TRN to Log in

  • Enter TRN number and then enter captcha text
  • Complete OTP verification
  • Enter trade name and note down number provide after temporary verification

Part B

  • Login with TRN number, enter captcha code and complete OTP verification
Part 2-B
  • Give business information like name of company, PAN name, state name of registered business, date of commencement, etc
  • Submit details of promoter/partners
  • Submit details of person authorised to file GST Returns
  • Submit details of state of business
  • Enter business address
  • Enter official contact details
  • Enter nature of possession of premises
  • Enter details of additional places of business, if any
  • Enter details of goods and services to be supplied
  • Enter details of company’s bank account
  • Upload necessary documents based on the type of business being registered
  • Now, Click Save and Continue
  • Sign it digitally and click Submit
  • Check for Application Reference Number (arn) received through email or SMS and confirm registration

Conclusion

GST Registration is not as tedious as it reads like. It can be done efficiently. However, one requires to maintain a calm mind and utter caution. Check all your documents carefully before uploading any details or documents to avoid future problems with registration.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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A2z detective online , posted on 13 Sep 23 1:00 PM

Thank you so much

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