GST Registration

Goods and Services Tax (GST) is meant to replace a number of central and state indirect taxes with a unified tax and is therefore expected to streamline and ease doing business. In India, any person, firm or organization undertaking a supply of taxable goods is required to register under GST if, he/ they have crossed the annual aggregate threshold limit of Rs. 40 Lakh (20 Lakh for NE states and the Hilly States.) or he/ they are having inter-state transaction. There are certain other conditions and exemptions for the applicability of the threshold limit: for instance an e-commerce aggregator or a person who supplies through e-commerce aggregator has to mandatorily register for GST. Heavy fines and penalties are imposed in case a business required to be registered is not registered for GST.

GST registration requires obtaining a GST Number, GSTIN, from the tax authorities. GSTIN is a unique 15-digit number, usually linked to the PAN and is used to monitor tax payments and compliance.

 

What Is The Process?

CONSULTATION

Our representative would get in touch with you to understand the nature of your business and to guide you through the applicable registration process.

DOCUMENTS SUBMISSION

GST Application Form along with the required information and documents need to be submitted.

AUTHENTICATION

Submitted details need to be authenticated via email and OTP verification.

ISSUANCE OF GST CERTIFICATE

Acknowledgment Number followed by GST No is issued in due course followed by the issuance of GST Certificate within 7-10 business days of the application date.

Timeline

7-10 Days

GST registration is obtained within 7 – 10 business days of the application date.

Details Required

  • PAN Card of company/ firm/ proprietor
  • PAN Card of all directors/ partners of the company/ firm
  • Address and identity proof of all directors/ partners
  • Bank account details (cancelled cheque in the name of the firm/ company/ proprietor is preferred)
  • Photographs of all directors/ partners or proprietor and Authorized Signatory (JPEG format)
  • Copy of incorporation document in case of a legal entity (Certificate of Incorporation, partnership deed etc.)
  • Memorandum of Association and Articles of Association for a company
  • Proof of appointment of Authorized Signatory (Letter of Authority, Board Resolution etc.)
  • PAN Card, address and identify proof of Authorized Signatory
  • Address proof of office or place of business

FAQ

1 When is GST registration required?

Businesses having turnover exceeding Rs. 40 lakhs* (Rs 20 lakhs for NE and hill states) are required to have GST registration. 

2 What s the turn over limit for GST Registration?

Currently, businesses with a turnover of up to Rs 40 lakh is exempt from GST registration, while the limit for hilly and north eastern states is Rs 20 lakh.

3 Who are exempted from GST registration?

Section 23 (1) states that persons who are engaged in supplying goods or services or both that are not liable to be tax or persons who are engaged in supplying of goods or services or both that are wholly exempted from tax, then, such persons are not required to obtain GST registration.