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GST Registration In India

5,000+ GST Registrations since 2011

No more delays or difficulties! Register your business with India’s #1 provider of business incorporation services. Get a 7 day Guaranteed document upload to the MCA or receive a full refund T&C* 

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About GST Registration

  • GST (GOODS AND SERVICE TAX) is an indirect tax that has replaced all the existing indirect taxes applicable until now. It is primarily a combined form of all the other taxes which will deliver for a single and streamline the process.

The GST registration online process is an effective process to become a part of GST apply online. The current GST regime needs every business (subject to certain turnover) that supplies goods or services to register under the GST. Carrying out business without registering is a criminal offense and can lead to heavy punishments.

What is GSTIN?

  • GSTIN stands for Goods and Services Tax Identification Number. It is a unique 15-digit number assigned to every taxpayer registered under the GST regime in India. The GSTIN is used to identify taxpayers and to track their transactions.

The GSTIN is structured as follows:

    • The first two digits represent the state code.
    • The next ten digits are the PAN card number of the taxpayer.
    • The thirteenth digit is an entity code used to distinguish between different types of taxpayers.
    • The fourteenth digit is a fixed alphabet ‘Z’.
    • The fifteenth digit is a check digit, which is used to verify the accuracy of the GSTIN.

The following are some of the advantages of GST registration:

Bank Loans: GST registration and GST return filing serve as proof of business activity and create track record for a business. Banks and NBFCs lend to businesses based on GST return data. Hence, GST registration can help you formalize your business and get credit.

Supplier Onboarding: To become a supplier of reputed companies, GST registration is often times a must during the supplier onboarding process. Hence, GST registration can help you get more business.

eCommerce: GST registration is a must to sell online and through various platforms like Amazon, Flipkart, Snapdeal, Zomato, Swiggy, etc., Hence, having a GST registration will allow you to sell online.

Input Tax Credit: Entities having GST registration are eligible to collect GST from customer for the supply and offset the liability against GST taxes paid while purchasing various goods and services. Hence, GST registration can help you save on taxes and improve margins.

       

GST Registration Process

             

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
ComplianceFrequency
File GSTR-1 (Sales return)Monthly
File GSTR-3B (Summary return)Monthly
Pay GST liabilityMonthly
File GSTR-2 (Purchase return)Quarterly
File GSTR-4 (E-commerce return)Quarterly
File GSTR-5 (Non-resident return)Quarterly
File GSTR-6 (Input service distributor return)Quarterly
File GSTR-7 (Tax credit return)Quarterly
File GSTR-8 (E-commerce return for e-commerce aggregators)Quarterly
File GSTR-9 (Annual return)Annual
File GSTR-9C (Reconciliation statement)Annual
Issue invoices and credit notesAs required
Maintain GST recordsAs required
File GST refundsAs required
Respond to GST noticesAs required
E-invoicing (for businesses with a turnover of more than ₹20 crores)Monthly
Electronic waybill (EWB) (for all inter-state and intra-state movement of goods worth more than ₹50,000)As required

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.

Timeline

Free Consultation and Documentation
  • Our Expert team resolve your queries. Our consultation is completely free.
Action Required by you
  • You Need to fill up the draft, Make Payment and Submit Documents to Khata Dekho
Action By Khata Dekho
  • Once the Documents are uploaded we’ll start the step -by-step process of Incorporation

Frequently Asked Questions (FAQs)

GST is one indirect tax for the whole nation, which will make India one unified common market.

GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the following stage of value addition, which makes GST basically a tax only on value addition at each stage. The final consumer will thus pay only the GST levied by the last dealer in the supply chain, with set-off advantages at all the previous stages.

The following taxes are being subsumed at the Central level: a. Central Excise Duty, b. Additional Excise Duty, c. Service Tax, d. Additional Customs Duty is commonly known as Countervailing Duty and e. Special Additional Duty of Customs. At the State level, the following taxes are being subsumed: a. Subsuming of State Value Added Tax/Sales Tax, b. Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied by the Centre and collected by the States), c. Octroi and Entry tax, d. Purchase Tax, e. Luxury tax, and f. Taxes on lottery, betting, and gambling..

Alcohol for human consumption, Petroleum Products viz. petroleum crude, motor spirit (petrol), high-speed diesel, natural gas, and aviation turbine fuel& Electricity.

The GST turnover limit for 2023 is ₹20 lakhs for regular taxable persons and ₹10 lakhs for special category states and union territories. Taxpayers who exceed the turnover limit are required to register for GST.

ndia is a federal country where both the Centre and the States have been allocated the powers to levy and collect taxes through suitable legislation. Both levels of Government have distinct responsibilities to act according to the division of powers defined in the Constitution for which they are required to raise resources. A dual GST will, therefore, be in keeping with the Constitutional requirement of fiscal federalism.

The Centre will levy and allocate CGST & IGST while respective states will levy and administer SGST.

Yes, a PAN card is compulsory to obtain GST registration. If one doesn’t have the PAN card, they need to obtain one before applying for the GST registration, except in the case of TDS registration under GST which is allowed with a TAN.

Businesses with an annual turnover of more than Rs. 40 lakhs are required to register for GST. However, this limit is lower for businesses in certain special category states, such as Arunachal Pradesh, Manipur, and Nagaland. Also, there are different rules for businesses involved in e-commerce, which may have to register for GST regardless of their turnover.
Read our article to find more details on turnover limit for GST Registration.

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