GST Registration, Cost & Procedure in India

GST Registration

One Nation One Tax - GST:

With the concept of "One Nation One Tax", the Goods and Services Tax (GST) has been implemented in India. India established GST structure in 2017, which was the biggest reform in the country's tax structure in decades. India with a unified GST platform merged central taxes (ie. sales tax and excise duty tax except for petrolium and alchoholic products and service tax) with state-level taxes (ie. VAT except for petrolium and alchoholic products, entry tax, transfer tax and luxury tax) and collects them as one single tax.

The main objective of incorporating the GST was to eliminate tax on tax, or double taxation, which cascades from the manufacturing level to the consumption level. The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.

The goods and services tax (GST) is a tax on goods and services sold domestically for consumption.
The tax is included in the final price and paid by consumers at point of sale and passed to the government by the seller.
The GST is usually taxed as a single rate across a nation.

Who are required to register under GST:

Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds twenty lakh rupees*:

Provided that where such person makes taxable supplies of goods or services or both from any of the special category States, he shall be liable to be registered if his aggregate turnover in a financial year exceeds ten lakh rupees**.

Mandatory GST Registration for the following persons:

Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 20 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand);
Persons making any inter-State taxable supply***;
casual taxable persons making taxable supply;
persons who are required to pay tax under reverse charge;
e-Commerce Operator
non-resident taxable persons making taxable supply;
persons who are required to deduct tax under section 51, whether or not separately registered under this Act;
persons who make taxable supply of goods or services or both on behalf of other taxable persons whether as an agent or otherwise;
Input Service Distributor, whether or not separately registered under this Act;
persons who supply goods or services through e-Commerce operator
every person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered person; and
such other person or class of persons as may be notified by the Government on the recommendations of the Council.

* This limit is increased to Rs. 40 Lakhs w.e.f 1st April 2019 for all states except the State of Telangana. Special category states ie. Jammu and Kashmir, Ladakh and Assam also opted Rs.40 lakhs limit.

** This limit is increased to Rs. 20 Lakhs w.e.f 1st April 2019 for Special Category States.

*** A person making inter-state supply of services, supply of handicraft goods and a jobworker except a jewellery, goldsmith, silversmith whose aggregate turnover below the threshold (ie. Rs40/Rs.20 lakhs) limit are not required to register under GST,

Special Category States are Arunachal Pradesh, Assam, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Tripura, Himachal Pradesh and Uttarakhand. Any person may register under voluntarily even if his/her aggregate turnover is below the threshold limits.

Aggregate Turnover: “aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.

Who are not required to register under GST:

The following persons are not required to register under GST.

Any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act.
An agriculturist, to the extent of supply of produce out of cultivation of land.

Documents Required for GST Registration:

A

For Proprietorship
1. PAN of Proprietor
2. Aadhar of Proprietor
3. Passport size photo of proprietor
4. Aadhar enabled mobile number
5. Valid email id
6. Office Rental Agreement if it is rented
7. Office NOC cum Affidavit if it is owned
8. Office latest power bill
B

For Partnership/LLP
1. PAN of Partners/Designated Partners
2. Aadhar of Partners/Designated Partners
3. Passport size photo of Partners/Designated Partners
4. Aadhar enabled mobile number of Partners/Designated Partners
5. Valid email id of Partners/Designated Partners
6. Office Rental Agreement if it is rented
7. Office NOC cum Affidavit if it is owned
8. Office latest power bill
9. Firm/LLP PAN
10. Certificate of Registration
11. Partnership Deed/LLP Agreement
12. Authorisation Letter
13. Digital Signature Certificate of Authorised Designated Partner
C

For Company
1. PAN of Directors
2. Aadhar of Directors
3. Passport size photo of Directors
4. Aadhar enabled mobile number of Directors
5. Valid email id of Directors
6. Office Rental Agreement if it is rented
7. Office NOC cum Affidavit if it is owned
8. Office latest power bill
9. Company PAN
10. Certificate of Incorporation
11. MOA
12. AOA
13. Authorisation Letter or Board Resolution
14. Digital Signature Certificate of Authorised Director

Step by Step Registration Process:

Herein below is the step by step process to get registered under GST:

1

Document Submission

Through Online - 10 Minutes Job

You can provide PAN of Directors, Aadhar of Directors, Passport size photo of Directors, Aadhar enabled mobile number of Directors, Valid email id of Directors, Office Rental Agreement if it is rented, Office NOC cum Affidavit if it is owned, Office latest power bill, Company PAN, Certificate of Incorporation, MOA, AOA and Authorisation Letter or Board Resolution.
2

Generation of TRN

Through GST web portal - 5 Minutes Job

We will fill the details on GST portal for TRN. You will get the Mobile and Email OTPs, once you share these OTPs, we will submit online for TRN Generation.
3

Online Uploading

Through GST web portal - 30 Minutes Job

Once the TRN is generated, we will fill the remaining detail on the application dashboard and upload the documents and file by signing with DSC if required.
4

ARN Generation & Aadhar Authentication

Through GST web portal - 30 Minutes Job

Once the application is submitted online success fully, the GST system will verify the PANs of Directors with Income Tax Database and if these are tallied and an ARN will be generated. The Gst department will send you Aadhar authentication link to you email and once you authenticate it, it will be shown as the Aadhar authentication is successful.
5

GST Approval

Through GST web portal - 4 to 5 working days

Then the GST officer will attend the file online and if every thing is in order, he/she may approve it and sends you an approval email containing GSTIN, User Id and Password. Then you can download the certifiate by logging into your account and update the Bank Details by attaching Bank Statement or a Cancelled Cheque. Thats it, the registration process ends here.

Let's Clear Your Doubts

What is GST?

GST Stands for Goods and Services Tax in India.

Is GST Registration Mandatory?

For the following persons, the GST registration is mandatory:

Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 20 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand);
Persons making any inter-State taxable supply***;
casual taxable persons making taxable supply;
persons who are required to pay tax under reverse charge;
e-Commerce Operator
non-resident taxable persons making taxable supply;
persons who are required to deduct tax under section 51, whether or not separately registered under this Act;
persons who make taxable supply of goods or services or both on behalf of other taxable persons whether as an agent or otherwise;
Input Service Distributor, whether or not separately registered under this Act;
persons who supply goods or services through e-Commerce operator
every person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered person; and
such other person or class of persons as may be notified by the Government on the recommendations of the Council.

Can we take multiple GST Registrations?

Yes. You can take if your business operates more than one state, you can apply for GST Registration in each state and if your business is into different verticals, you can apply multiple GST Registrations in the same state.

Who can register under Composition Scheme?

A trader whose aggregate turnover is below Rs 1.5 crore can opt for the Composition scheme. In the case of Special Category States, the present limit is Rs.75 lakh. .

For service providers, if the aggregate turnover is below Rs. 50 Lakhs can opt for Composition Scheme.

In how many days we will get GST Registration?

If you do it with Aadhar authentication, it may take 4 to 5 working days otherwise it may take 20 to 30 days. Again this is subject to the GST officer approval.

We can treat it as the company registration number.

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