GST Registration

With the introduction of the Goods and Services Tax in India, it has become necessary for various individuals and businesses who are eligible to go for the GST registration process. If individuals or business entities are engaged in providing goods and services, it becomes very important for them to know about the key aspects of the GST system. The Major aspects of GST may include the taxation slab under the GST regime, the documents that are required for registering for GST, the procedure for registering under GST, checking the status of GST registration, and much more.

Let us understand now who all needs to register for the Goods and Services Tax :

The implementation of the GST in India has made it mandatory for all eligible businesses and individuals to get themselves registered for the GST & pay their returns on time without any error. Below are some of the categories of individuals and businesses, which need to get themselves registered for the GST, such as:

  • People engaged in the casual supply of taxable goods or services.
  • Input Service Distributors.
  • Taxpayers who are making interstate supplies.
  • Individuals or businesses that are liable to deduct TDS or collect TCS.
  • UN bodies and Embassies
  • Portal operators and suppliers of e-commerce.
  • Individuals paying taxes under Reverse Charge Mechanism.
  • Agents involved in supplies on behalf of registered taxpayers.
  • Non-resident suppliers of goods/services who are taxable.
  • Various notified bodies, including Government bodies.

What is the list of documents that are required for GST registration? :

As an individual or a business entity opt for GST registration, they must have all the required documents which are necessary at the time of registering for the GST. Keeping your documents in order and available will help in a smooth and hassle-free GST registration process. The key documents that are required for GST registration are:

  • The proof of primary place of business.
  • PAN Proof.
  • The proof of constitution of the business or certificate of incorporation.
  • The photograph of the stakeholder or the authorized signatory.
  • Required proof of appointment of authorized signatory.

The above-mentioned are the basic documents that are necessary to be produced at the time of GST registration. Apart from this, some businesses or entities also need to submit other specific documents as well which depend on the nature, size, or turnover of the business.

Steps to be followed for Smooth GST registration: :

Our GST registration is a two-stage process in which the registration includes two parts, Part A and Part B. The Part A of the GST registration form comprises the initial information about the person applying for it, and it helps in the formulation of a Temporary Reference Number which has a validity of 15 days. The Temporary Reference Number can be used to fill out Part B as well.

The submission of the GST registration form Part B formulates an Application Reference Number. Afterward, there is a tax official who validates your GST registration application. On approval, a GST number and GST Registration Certificate are issued. Below mentioned are the steps that must be followed for GST registration:

  • Step 1:
    • Visit the GST Government website.
  • Step 2 :
    • Click on the Services, Registration & New Registration option
  • Step 3 :
    • The application form for GST registration will be shown which is divided into two parts, Part A and Part B. New Registration page is shown in Part A. Just fill in the details in Part A of the form and Click on Proceed.
  • Step 4 :
    • Over the OTP Verification page, one must enter the OTP received on the mobile number and the e-mail id. The OTP is valid for only 10 minutes only.
  • Step 5 :
    • On verification of the application, Part A of the GST registration form is completed. The system formulates and shows a Temporary Reference Number. The TRN is valid for only 15 days.
  • Step 6 :
    • Fill out part B of the form. One can easily open Part B of the GST registration form just by clicking on “My Saved Applications”. Fill in the TRN generated, and the captcha text as shown on the screen below.
  • Step 7 :
    • On clicking Proceed, the verification page will appear. Now, enter the OTP received on the registered mobile number and e-mail id.
  • Step 8 :
    • My Saved Applications page is shown. Below the Action column, click on the Edit icon as shown below.
  • Step 9 :
    • Now, the GST registration application form will appear with the tabs. One has to select every tab carefully and enter the details. The tabs in the application form for GST registration are Principal Place of Business, Goods and Services, Bank Accounts, Authorized Signatory, Authorized Representative, State Specific Information, Business Details, Promoter/Partners, and Verification.
  • Step 10 :
    • On verification of the GST application for registration, an acknowledgment will be received within fifteen minutes on the registered e-mail address and mobile number. Also, the Application Reference Number (ARN) receipt is sent to your e-mail address and mobile.

Steps to get the GST Registration Certificate :

Follow the below-mentioned steps to get your GST Registration Certificate smoothly and without any hassle:

  • Visit and log in to the GST portal.
  • Click on Services, User Services, and View/Download Certificates.
  • Form REG-06 for GST Registration Certificate will be shown. Click on the download sign and download the certificate.

Notably, the GST Registration Certificate comprises the GST Number (GSTIN) and information about the registered business name, address, and date of registration of the business.

Now, let us understand GST registration with the help of an example: :

If Rahul has an aggregate annual turnover exceeding Rs. 20 Lakhs in a financial year then GST registration will be mandatory for him. On the other hand, it is Rs.10 lakh for the special category states.

GST registration is of utmost importance for the smooth functioning and survival of business entities and individuals in the market. So, knowing about the importance of GST registration and the steps to get the GST registration, get your business registered for GST today.

Frequently Asked Questions

  • What are the five benefits of the GST?
    Benefits of GST are easy compliance, easy to administer, improves competitiveness, better revenue, and Uniformity of tax rates and structures.
  • What happens if GST registration is not done?
    In case, the GST registration is not done, an individual may have to pay GST on the sales made since the date he/she was required to register.
  • Does GST registration requires any kind of fee?
    The GST registration charges are free of cost.
  • Does an individual get a physical copy of the GST registration certificate?
    No, an individual does not receive a physical copy of the GST registration certificate as the department does not send a physical copy to any registered person.
  • In what case is the GST registration not required?
    GST registration is not required in the case when the individual supplies only exempt goods. Also, the GST does not apply to agriculturists.