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GST Registration | Online GST Registration Process In India
The Goods and Services Tax (GST) registration process in India involves the following steps:
Determine Eligibility: Assess whether you are eligible for GST registration. Any individual, business, or entity involved in the supply of goods or services with an annual aggregate turnover above the threshold limit (currently INR 40 lakhs for most states, INR 10 lakhs for special category states) must register for GST.
Online Registration: GST registration is done online through the GST Common Portal (https://www.gst.gov.in/). Create a user account by providing necessary details such as PAN, mobile number, and email address. You will receive a Temporary Reference Number (TRN) on your registered mobile number and email.
Complete the Application Form: Using the TRN, log in to the GST portal and fill out the GST registration application form (Form GST REG-01) with accurate details. The form includes information about your business, constitution, promoters/directors/partners, bank account details, and other relevant details.
Verification and Submission: Once the application form is complete, submit it on the GST portal. The system will verify the information provided, and if there are no errors or discrepancies, an Application Reference Number (ARN) will be generated and sent to your registered email and mobile number.
Additional Documentation: In some cases, additional documents may be required, such as proof of address, identity, photographs of promoters, bank account statements, and business registration documents. These documents should be uploaded electronically within a specified timeframe.
Application Processing: After submission, the GST authorities will examine the application and supporting documents. They may request additional information or conduct a physical verification if deemed necessary. This process typically takes a few working days.
Certificate of Registration: Once the application is approved, a Certificate of Registration (Form GST REG-06) will be issued electronically. It contains your unique Goods and Services Tax Identification Number (GSTIN), which serves as your GST registration number.
It’s important to note that the GST registration process can vary depending on the type of entity (individual, proprietorship, partnership, company, etc.) and the nature of the business. Additionally, certain businesses may require registration under the GST Composition Scheme or obtain specific registrations such as Input Service Distributor (ISD) or Tax Deductor at Source (TDS). It is advisable to consult a tax professional or chartered accountant to ensure compliance with the specific requirements and complete the registration process accurately.
