All about GST Registration

All about GST Registration

In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration. The GST registration process can be completed within 6 working days. GST registration can be easily done on the online GST portal. Business owners can fill a form on the GST portal and submit the necessary documents for registration. Businesses must complete the GST registration process.

CBIC has notified the increase in threshold turnover from Rs 20 lakhs to Rs 40 lakhs. The notification will come into effect from 1st April 2019.

GST Registration is a process by which a taxpayer gets himself registered under GST. Once a business is successfully registered, a unique registration number is assigned to them known as the Goods and Services Tax Identification Number (GSTIN). This is a 15-digit number assigned by the central government after the taxpayers obtain registration.

Please note – If you are operating from more than one state, then you will have to take separate registration for each state you are operating from.

Now, you must be wondering if every business is required to register under GST? Let’s understand GST registration and its procedure in detail.

Who is eligible to register under GST?

GST Registration must be completed by the following individuals and businesses:
Individuals who have registered under the tax services before the GST law came into effect.
Non-Resident Taxable Person and Casual Taxable Person
Individuals who pay tax under the reverse charge mechanism
All e-commerce aggregators
Businesses that have a turnover that exceeds Rs.40 lakh. In the case of Uttarakhand, Himachal Pradesh, Jammu & Kashmir, and North-Eastern states, the turnover of the business should exceed Rs.10 lakh.
Input service distributors and agents of a supplier
Individuals who supply goods through an e-commerce aggregator.
Individuals providing database access and online information from outside India to people who live in India other than those who are registered taxable persons.
Any service provider
TDS/TCS deductor

Types of GST Registration

Under the GST Act, GST Registration can be of various types. You must be aware of the different types of GST Registration before selecting the appropriate one. The different types of GST Registration are:

Normal Taxpayer

Most businesses in India fall under this category. You need not provide any deposit to become a normal taxpayer. There is also no expiry date for taxpayers who fall under this category.

Casual Taxable Person

Individuals who wish to set up a seasonal shop or stall can opt for this category. You must deposit an advance amount that is equal to the expected GST liability during the time the stall or seasonal shop is operational. The duration of the GST Registration under this category is 3 months and it can be extended or renewed.

Composition Taxpayer

Apply for this if you wish to obtain the GST Composition Scheme. You will have to deposit a flat under this category. The Input tax credit cannot be obtained under this category.

Non-Resident Taxable Person

If you live outside India, but supply goods to individuals who stay in India, opt for this type of GST Registration. Similar to the Casual Taxable Person type, you must pay a deposit equal to the expected GST liability during the time the GST registration is active. The duration for this type of GST registration is usually 3 months, but it can be extended or renewed at the type of expiry.

Documents Required for GST Registration

PAN of the Applicant
Aadhaar card
Proof of business registration or Incorporation certificate
Identity and Address proof of Promoters/Director with Photographs
Address proof of the place of business
Bank Account statement/Cancelled cheque
Digital Signature
Letter of Authorization/Board Resolution for Authorized Signatory

Steps to complete GST registration process online

The step-by-step procedure that individuals must follow to complete GST Registration is mentioned below:

Step 1: Visit the GST portal - https://www.gst.gov.in

Step 2: Click on the ‘Register Now’ link which can be found under the ‘Taxpayers’ tab

Step 3: Select ‘New Registration’.

Step 4: Fill the below-mentioned details:

Under the ‘I am a’ drop-down menu, select ‘Taxpayer’.

Select the respective state and district.

Enter the name of the business.

Enter the PAN of the business.

Enter the email ID and mobile number in the respective boxes. The entered email ID and mobile number must be active as OTPs will be sent to them.

Enter the image that is shown on the screen and click on ‘Proceed’.

Step 5: On the next page, enter the OTP that was sent to the email ID and mobile number in the respective boxes.

Step 6: Once the details have been entered, click on ‘Proceed’.

Step 7: You will be shown the Temporary Reference Number (TRN) on the screen. Make a note of the TRN.

Step 8: Visit the GST portal again and click on ‘Register’ under the ‘Taxpayers’ menu.

Step 9: Select ‘Temporary Reference Number (TRN)’.

Step 10: Enter the TRN and the captcha details.

Step 11: Click on ‘Proceed’.

Step 12: You will receive an OTP on your email ID and registered mobile number. Enter the OTP on the next page and click on ‘Proceed’.

Step 13: The status of your application will be available on the next page. On the right side, there will be an Edit icon, click on it.

Step 14: There will be 10 sections on the next page. All the relevant details must be filled, and the necessary documents must be submitted. The list of documents that must be uploaded are mentioned below:

Photographs
Business address proof
Bank details such as account number, bank name, bank branch, and IFSC code.
Authorization form
The constitution of the taxpayer.

Step 15: Visit the ‘Verification’ page and check the declaration, Then submit the application by using one of the below mentioned methods:

By Electronic Verification Code (EVC). The code will be sent to the registered mobile number.
By e-Sign method. An OTP will be sent to the mobile number linked to the Aadhaar card.
In case companies are registering, the application must be submitted by using the Digital Signature Certificate (DSC).

Step 16: Once completed, a success message will be shown on the screen. The Application Reference Number (ARN) will be sent to the registered mobile number and email ID.

Step 17: You can check the status of the ARN on the GST portal.

GST Registration Via Authentication of Aadhaar

New businesses can secure their GST registration with the help of the Aadhaar. The process is simple and quick. The new process came into effect from 21 August 2020. The procedure to opt for Aadhaar authentication is mentioned below:

When you apply for GST registration, you will be provided with an option to choose Aadhaar authentication.
Select ‘YES’. The authentication link will be sent to the registered email ID and mobile number.
Click on the authentication link.
Enter the Aadhaar number and select ‘Validate’.
Once the details have been matched, an OTP will be sent to the registered mobile number and email ID.
Enter the OTP to complete the process. You will get the new GST registration within three working days.

Download the GST Registration Certificate

The procedure to download the GST Registration Certificate is mentioned below:

Step - 1: Visit https://www.gst.gov.in/

Step - 2: Click on ‘Login’.

Step - 3: On the next page, enter the username and password.

Step - 4: Click on ‘Login’.

Step - 5: Next, click on ‘Services’.

Step - 6: Click on ‘User Services’.

Step - 7: Select ‘View/Download Certificates’.

Step - 8: On the next page, click on ‘Download’. The certificate will have details of the tax transactions.

Check GST Registration Status

Visit GST official portal at https://www.gst.gov.in/.

Click to 'Services’ > ‘Registration’ > ‘Track Application Status’.

Enter your ARN number and Captcha code. Next click on SEARCH button.

Finally, you will receive any of the following GST registration status on your screen:

Provisional status
Pending for verification status
Validation against error status
Migrated status
Cancelled status

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