GST registration in India
Packages Start @ ₹ 1,499/-
GST has been in force from 1st July, 2017 based on the Goods and Service Tax Act passed by the Indian Parliament on March 29, 2017. GST registration usually takes between 2-6 working days. Team Domiyance can help you obtain GST registration faster following easy steps.
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GST: An Overview
The Goods and Services Tax (GST) is a tax on goods and services consumed in India. GST is an indirect tax that has replaced many other indirect taxes in India, such as excise duty, VAT, and services tax. GST has been in force from 1st July, 2017 based on the Goods and Service Tax Act passed by the Indian Parliament on March 29, 2017.
A ‘taxable person’ under the GST Act is someone who conducts business in India and is registered or needs to be registered under the GST Act. A taxable person can be an individual, HUF, company, firm, LLP, an AOP/ BOI, any corporation or Government company, body corporate incorporated under the laws of a foreign country, co-operative societies, local authorities, governments, trusts, or artificial juridical persons.
Types of GST Registration
There are various types of GST registration like regular, casual taxable persons, non-resident taxable persons and eCommerce operators. Casual taxable persons, non-resident taxable persons and eCommerce operators are required to obtain GST registration irrespective of turnover limit.
Casual Taxable Persons: The GST Act defines as a casual taxable person as a person who occasionally supplies goods or services in a State or a Union territory where the entity has no fixed place of business. Hence, persons running temporary businesses in fairs or exhibitions or seasonal businesses would fall under casual taxable person under GST.
Non-resident Taxable Persons: Non-resident taxable person (NRI) under GST is any person or business or not-for-profit supplying goods or services but have no fixed place of business or residence in India. Thus, any foreign person or foreign business or organisation supplying goods or services to India would be a non-resident taxable person – requiring compliance with all GST regulations in India.
E-Commerce Operators: Electronic commerce operator is every person who, owns, operates or manages digital or electronic facility or platform for electronic commerce. Thus, any person selling through the internet can be termed as an eCommerce Operator requiring GST registration irrespective of business turnover.
GST Registration Turnover Limit
GST registration can be obtained voluntarily by any person or entity irrespective of turnover. GST registration becomes mandatory if a person or entity sells goods or services beyond a certain turnover.
Service Providers: Any person or entity who provides service of more than Rs.20 lakhs in aggregate turnover in a year is required to obtain GST registration. In special category states, the GST turnover limit for service providers has been fixed at Rs.10 lakhs.
Goods Suppliers: As per notification No.10/2019 any person who is engaged in the exclusive supply of goods whose aggregate turnover crosses Rs.40 lakhs in a year is required to obtain GST registration. To be eligible for the Rs.40 lakhs turnover limit, the supplier must satisfy the following conditions:
If the above conditions are not met, the supplier of goods would be required to obtain GST registration when the turnover crosses Rs.20 lakhs and Rs.10 lakhs in special category states.
Special Category States: Under GST, the following are listed as special category states – Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand.
Aggregate Turnover: Aggregate turnover = (Taxable supplies + Exempt Supplies + Exports + Inter-State Supplies) – (Taxes + Value of Inward Supplies + Value of Supplies Taxable under Reverse Charge + Value of Non-Taxable Supplies).
Aggregate turnover is calculated based on the PAN. Hence, even if one person has multiple places of business, it must be summed to arrive at the aggregate turnover.
Stepwise Process of GST Registration in India
GSTIN or Goods and Services Tax Identification Number (GSTIN) is provided to entities having GST registration number. GSTIN is 15 characters in length. The allocation of GSTIN is based on PAN and State of the applicant. In a GST registration number, the first two digits represent the State Code. The following next 10 digits represent the PAN of the applicant.
1 – Documentation
The application for GST registration must be filed with the set of documents prescribed under the GST Act, 2016. The documentation is based on the type of business entity that has applied for the registration, and the nature of its business activity. A failure to furnish all the prescribed documents in the correct form and format may result in the rejection of the entire application for GST registration.
2 – Registration on GST portal
To obtain GST registration, the applicant shall have to file the GST REG-01 application available on the GST portal. The application is divided into two parts. The first part asks for all the basic details of the applicant like name, contact number, e-mail address, location and PAN if the application is PAN-based, and an Aadhar number if the application is Aadhar based.
3 – OTP based Verification
After the first part is successfully filled out, an OTP based verification is conducted to verify the identity of the applicant. If the application is PAN-based, an OTP is sent to the email and contact number mentioned in the application. On furnishing the correct OTP, you will be allowed to proceed with the application. However, if the application is Aadhar based, an OTP will be sent on the email address and contact number of the application, furnishing which you will be required to input the Aadhar number and a second OTP will be sent on the email address and mobile number registered in the Aadhar document. On successful submission of both these OTPs, you may proceed with the application.
4 – Generation of TRN
After the identity of the applicant is successfully verified, a Temporary Reference Number or TRN is sent to the email address and contact number of the applicant, using which he can proceed to the second part of the application. The TRN is valid for 15 days from the date on which it has been issued. Therefore, the second part of the application must be filled out and submitted within these 15 days only.
5 – Fill out the application for GST Registration
Using the TRN, the applicant is required to login on the GST portal again and proceed to filling out the second part of the application. Here, the applicant is required to provide detailed information about the business, its promoters, the person in charge of GST compliances like filing GST returns and the products or services that the business is dealing with. Additionally, the bank details of the taxpaying entity is also asked for, in order to ensure timely compliances under GST. After the application is entirely filled out, it must be signed by the applicant using a Digital Signature Certificate.
6 – Issuance of GST Registration Certificate and GSTIN
After filling out both the parts of the application, the application is finally submitted on the GST portal. It usually takes around 10-15 days for the concerned authorities to process the application. If the authorities are satisfied with the details and documents furnished in the application, they shall successfully register the taxpaying entity and issue a Certificate of GST registration as a conclusive proof for the same. Additionally, a GST Identification number is also allotted for the unique identification of the taxpaying entity.
List of Documents Required for GST Registration
| Sole proprietor / Individual | |
| LLP and Partnership Firms | |
| HUF | |
| Company (Public and Private) (Indian and foreign) |