GST Registration !
Goods and Services Tax is an indirect tax introduced by the government of India on 1st July 2017 to replace the decades old indirect tax regime with the object to achieve the ease of doing business objective and to increase the tax base. The main objective to introduce the Goods and Service Tax Act to eliminate the legal complexities by subsuming of all the indirect tax that were prevailing into a single tax regime.
Voluntary Based Registration
A Business entity may take the voluntary registration and can surrender the registration.
Turnover Based
It is mandatory for a business entity to obtain the GSTIN, if
| Nature of Business Entity |
Normal State |
Special Category States |
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Engaged in supply of goods
|
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If Aggregate turnover >40 Lakh
|
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If aggregate turnover >20 Lakh
|
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Engaged in providing the services
|
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If Aggregate turnover >20 Lakh
|
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If aggregate turnover >10 Lakh
|
Special Category States
Puducherry, Meghalaya, Mizoram, Tripura, Manipur, Sikkim, Nagaland, Arunachal Pradesh and Uttarakhand
Interstate Supply
If a business entity engages in the inter-state supply of goods, then it is mandatory for them to obtain the GSTIN Registration. In case of service providers, registration is mandatory only when threshold limit is crossed.
Special Category Entities
1. Casual Taxable persons
2. Persons taxable under the reverse charge basis
3. Non-resident taxable persons
4. Persons required to deduct TDS under GST
5. Persons required to deduct TCS under GST
6. Input Service Distributors
7. Persons making a sale on behalf of someone else whether as an Agent or Principal.
8. Every E-commerce Operator who provides a platform to suppliers to make supply through it.
9. Suppliers who supply goods through E-commerce operator who is liable to collect tax at source.
10.Online Service Providers providing service from outside India to a non-registered person in India
Type of Registration
• Normal Registration
A business entity operating in India can obtain the normal registration and such registration is valid for unlimited time
• Composition Scheme
If the aggregate turnover of a business entity is less than 1.50 Crore can enroll itself, under composition scheme, Under this scheme, the entity shall pay the tax rate at flat rate and will not allowed to claim input tax credit.
• Causal / Non Resident Taxable Taxpayer
a) Non Resident Taxable Taxpayer
If a person resident outside India, has to obtain registration which remain valid for three months.
b) Casual Taxable Taxpayer
A business entity operating seasonal shop or stall has to obtain the registration which remains active for a period 3 months.
Documents required
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PAN Card of Applicant (in case of proprietorship PAN card of Proprietor, in other case PAN card of Legal Entity)
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Photo of the partners, proprietor, or directors.
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Specific Email ID and Phone number of each of the partners, proprietor, or directors. Aadhar card must be linked with the active phone number.
Business Registration Documents
| Company/ LLP |
Partnership Firm |
Society/Trust/Club/Government Department/Body of Individual |
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Certificate of Incorporation issued by MCA/ROC
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Registered Partnership Deed
|
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Certificate of Registration
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Business Location Proof
| Owned Premises |
Rented /Lease |
Unit in SEZ Premises |
Other Cases |
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Ownership proof like, electricity bill, property receipt or municipal khata receipt
|
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Copy of Registered/Notarized Rent Agreement or Lease Agreement plus ownership proof of landlord /lessor such as electricity bill, property receipt or municipal khata receipt
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If the Applicant is SEZ unit or SEZ Developer, certificate or documents issued by the Government of India
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Consent letter in any other case like premise owned by parents, along with
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Resolution of Board of Directors / Authority Letter – in specified format forwarded to you
Digital Signature of the authorized person.