Registration Under GST

GST registration applies to all individuals and entities supplying goods or services in India. GST registration becomes mandatory when the aggregate value of supply exceeds Rs.20 lakh. The Ministry of Finance (MoF) simplified the GST registration procedure to ease the tax filing process. If the entity operates in a special category state, GST registration becomes applicable if the value exceeds Rs.10 lakh p.a. In this article, let us look at the eligibility for obtaining GST registration. The article also coves documents required as well as the GST registration procedure online.

Requirement for Registration

• A business entity that is currently registered under any of the existing tax regimes including:-
  • Central Excise duty
  • Service Tax
  • State VAT
  • Central Sales Tax
• But if a business doesn’t have any existing registration, then it needs to get registered if aggregate turnover in any financial year exceeds the threshold limit (Rs. 20 lakhs).
• Every person who makes a supply from the territorial waters of India.

Explanation: GST Registration will be a single PAN-based registration in one State or Union territory, but a person having multiple business verticals in one state or businesses in multiple states has to get a separate registration for each such business.

This process is however mandatory for certain people that are listed below:

• Persons making any Inter-State taxable supply (e.g. from Delhi to Maharashtra)
• Casual Taxable person (No fixed place where GST is applicable)
• Non-resident Taxable person (No fixed place in India)
• Persons who are required to pay tax under Reverse Charge
• Persons who are required to deduct tax at source
• Agents of a supplier
• Input Service Distributor
• Persons who supply goods or services through E-commerce Operator
• E-commerce Operator/ Aggregator who supplies services under his brand name (e.g. Flipkart, Amazon).
• Supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.

• Any Specialized Agency of the UN or any Multilateral Financial Institution

Procedure for Registration Under GST

The GST Registration looks like this:

1. The applicant needs to submit his PAN, Mobile number and E-mail address in Part A of Form GST REG-01 on GSTN Portal.
2. The PAN is then verified on the GSTN Portal while the Mobile number and the E-mail address are verified through an OTP (One-time-password). An acknowledgment will be issued to the applicant in the Form GST REG-02.
3. The Applicant then needs to fill the Part B of Form GST REG-01 and specify the application reference number. The form can be submitted after attaching the required documents. The authentication would be done by signature through DSC or E-Signature.
4. If any additional information is required, Form GST REG-03 will be issued. The Applicant needs to respond in Form GST REG-04 with the required information within 7 working days from the date of the receipt of Form GST REG-03.
5. If applicant has provided all the required information via Form GST REG-01 or Form GST REG-04, the registration certificate in Form GST REG-06 for the principal place of the business as well as for every additional place of business will be issued. If, however, the details submitted are not satisfactorily, the registration application will be rejected using Form GST REG-05.
6. The applicant who is required to deduct TDS or collect TCS shall, however, submit an application in Form GST REG-07 for the purpose of registration.

Documents Required For Registration

For Company

For LLP/Partnership

For Individual or Sole Proprietorship

Amendments in Registration