Answer By law4u team
To register for GST (Goods and Services Tax) in India, a business must follow the prescribed procedure under the GST Act, 2017. The registration process can be completed online through the GST portal. Here’s the step-by-step process: 1. Determine Eligibility for GST Registration: A business is required to register for GST if its aggregate turnover exceeds the prescribed threshold limit, which depends on the type of business and its location. Compulsory Registration is required for businesses involved in interstate supply, e-commerce operators, and certain other categories of businesses (e.g., input service distributors, casual taxable persons). Voluntary registration is also possible for businesses below the turnover threshold. 2. Prepare Required Documents: Before applying for GST registration, the business needs to prepare the following documents: PAN (Permanent Account Number) of the business or applicant. Aadhaar Card for identity verification (for individuals and authorized signatories). Proof of Business Registration (e.g., certificate of incorporation for companies, partnership deed for partnerships). Bank Account Statement or Cancelled Cheque with the business’s name and account number. Address Proof of the business premises (e.g., electricity bill, rent agreement, or property tax receipt). Photographs of the applicant (business owner or authorized signatory). Digital Signature Certificate (DSC) (for companies and LLPs, optional for others). 3. Visit the GST Portal: Go to the official GST Portal: https://www.gst.gov.in. Click on the "Services" tab and select "Registration" and then "New Registration". 4. Fill GST Registration Application (Form GST REG-01): Select the appropriate option (whether you are an individual, partnership, company, etc.). Provide details such as: Business name, PAN, and address. Type of business (proprietorship, partnership, company, etc.). Details of goods or services supplied. Bank account details, including IFSC code. The date of commencement of business. 5. Verify Email and Mobile Number: After submitting the application, you will receive OTP (One-Time Password) on your registered email address and mobile number. Enter the OTP to authenticate your details. 6. Submit Application: After entering the OTPs, the application is submitted, and you will receive an Application Reference Number (ARN), which can be used to track the status of the application. 7. GST Officer Verification: The GST officer will verify the application and documents submitted. If everything is in order, they will approve the registration. If additional documents or clarification is required, the GST officer may request them within 3 working days of submission. 8. GSTIN (GST Identification Number) Issued: Once the application is approved, the GST registration certificate is issued, and the business is provided with a GSTIN (Goods and Services Tax Identification Number). The GSTIN is a unique 15-digit code that is used for all GST-related transactions. 9. Post-Registration Compliance: After successful registration, the business must comply with GST filing requirements, including regular filing of GST returns (e.g., GSTR-1, GSTR-3B) and maintaining tax invoices for goods and services supplied. The business must also ensure proper tax collection and payment to the government. Conclusion: The process of GST registration in India is primarily online and requires the submission of the application along with relevant documents through the GST portal. After submission and verification, the business is issued a GSTIN which allows it to legally collect and remit GST. Once registered, the business must follow regular compliance procedures related to filing returns and maintaining records.
