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GST Registration In India

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What is GST Registration?

GST registration is the process by which a business obtains a unique identification number, known as a GSTIN (Goods and Services Tax Identification Number), making it liable to pay Goods and Services Tax (GST) in India. According to the Central Goods and Services Tax Act of 2017, businesses with an annual turnover exceeding ₹40 lakh (or ₹20 lakh in specific special category states) are required to register as taxable entities. The GSTIN, a 15-digit number, uniquely identifies each taxpayer under the GST framework and allows authorities to monitor transactions and related data effectively.

GST, or Goods and Services Tax, is a destination-based, multi-stage, indirect tax that replaces various other taxes, including VAT and excise duties. Under the GST Act of 2017, businesses that previously paid service tax, excise duty, or VAT must now register for GST. Additionally, GST registration is mandatory for eCommerce sellers regardless of turnover.

Citizens can complete GST registration online through the official GST portal, eliminating the need for in-person visits to government offices. After submitting an application, the portal generates an ARN (Application Reference Number) status immediately, allowing applicants to track their registration progress.

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Documents Required for GST Registration

The following documents are required for the new registration process.

  • Applicant’s PAN
  • Aadhaar card
  • Evidence of business registration or Incorporation certificate
  • Promoters/Director’s Identity and Address proof with Photographs
  • Business location Address proof
  • Electricity bill and utility bill of the office address
  • Bank account details, statement or canceled cheque
  • Digital Signature Certificate
  • Letter of Authorisation or Board Resolution for Authorised Signatory

GST Registration Upto 31 March 2019

Eligibility to Register for GST​​ Registration must be verified before registration. Individuals registered under the Pre-GST law should also opt for GST registration. It is mandatory for businesses that have a turnover of ₹40 lakhs for the sale of goods in normal category states and ₹20 lakhs for the sale of goods in special category states. A company must register as a regular taxable entity under GST law if its annual threshold limit exceeds ₹40 lakhs. The GST council recommends GST rates, tax exemptions, and other tax-related policies. Here is a complete outline for the same

Aggregate Turnover Registration Required Applicability
Exceeds ₹20 lakh Yes – For Normal Category States Upto 31 March 2019
Exceeds ₹10 lakhYes – For Special Category States Upto 31 March 2019
Exceeds ₹40 lakh Yes – For Normal Category States Upto 31 March 2019

Turnover Limits for GST Registration

Businesses exceeding an annual turnover of ₹40 lakhs (for goods) and ₹20 lakhs (for services) should register for GST and fulfil tax obligations on their taxable goods and services. Although it is not mandatory, businesses with annual revenue under ₹40 lakhs in the respective financial year are free to register for GST. Doing so entitles them to benefits from input tax credit. It is noteworthy that states falling under the special category have a separate minimum threshold, which is ₹10 lakhs for services and ₹20 lakhs for goods. Here is a complete outline of the same:

Normal Category States/UT Opting for ₹40 lakh Limit Normal Category States Opting for Status Quo Special Category States/UT Opting for ₹40 lakh Limit Special Category States/UT Opting for ₹20 lakh Limit
Kerala, Chhattisgarh, Jharkhand, Delhi, Bihar, Maharashtra, Andhra Pradesh, Gujarat, Haryana, Goa, Punjab, Uttar Pradesh, Himachal Pradesh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu, West Bengal, Lakshadweep, Dadra and Nagar Haveli and Daman and Diu, Andaman and Nicobar Islands and Chandigarh Telangana Jammu and Kashmir, Ladakh and Assam Puducherry, Meghalaya, Mizoram, Tripura, Manipur, Sikkim, Nagaland, Arunachal Pradesh and Uttarakhand

Step-by-Step Guide For GST Registration Process

Here are 4 steps to complete your GST registration process

 

1. Get in touch with our experts

Book a slot with our GST experts and resolve all your queries.

 

2.Provide Business Information

Provide the required documents and fill in essential business details such as business name, SEZ unit, Principal place of business, additional places, mobile number, email address, state, PAN card details for initiating the registration process.

 

3.Filing for GST Registration

Our team will file your GST registration application on the online portal. Once filed, you’ll receive an OTP for verification. .

 

4.Get your GSTIN

Our team will provide you with the Application Reference Number (ARN) (also called as temporary reference number) after successful verification. You can track application status using the number. GST registration certificate will be available on the official GST website after the process is completed.
All the documents should be submitted within a time frame and accurate as per the government guidelines to avoid delay. The GST certificate will be delivered directly by the Central government. Vakilsearch will initiate and guide you through the process.

GST Registration FAQs

Can I register for GST voluntarily if my turnover is below the threshold?

Yes, you can voluntarily register for GST even if your turnover is below the threshold. It might be beneficial for availing input tax credits and participating in interstate transactions, improving your business credibility

What are the penalties for not registering for GST on time?

Penalties for not registering for GST on time include late fees and interest charges. It’s crucial to adhere to registration deadlines to avoid financial implications and ensure compliance with tax regulations.

What is the difference between the effective date of GST registration and the date of GST registration?

The effective date of GST registration is when you become liable to pay GST, while the date of registration is when you are officially registered. Understanding this difference is important for determining when your GST obligations commence.

Is issuing a tax invoice and tax collection mandatory for voluntary GST registration?

Yes, issuing a tax invoice and tax collection is mandatory for voluntary GST registration. Even if your turnover is below the threshold, compliance with invoicing and collection requirements is necessary to meet legal obligations and maintain transparency in your transactions.

Can I avail input tax credit against a 5% GST liability for goods sold by my LLP?

No, input tax credit cannot be availed against a 5% GST liability for goods sold by your LLP. Input tax credit is typically applicable for higher tax rates, and the limited 5% tax rate may not provide eligibility for claiming input tax credit in this scenario.

What should a business do about GST when not registered and dealing with GST-charging entities?

If not registered for GST and dealing with GST-charging entities, consider registering to avail input tax credits. Without registration, businesses might bear the entire tax burden, impacting profitability.