How to Get GST Registration Online? The much anticipated GST is set to be rolled out next year, tremendously improving the ease of doing business in India for millions and millions of SMEs in India. By abolishing or subsuming multiple taxes into a single system, tax compliance complexities would be reduced and the number of tax payers would increase substantially. In this article, we look at the procedure for obtaining GST registration online in India. GST Registration Eligibility Entities who buy or sell goods, provide services or both are required to obtain GST registration. An entity without GST registration cannot collect GST from customers or claim input tax credit of GST paid. Further, GST registration is mandatory once a dealer crosses the minimum threshold or he starts a new business having plans to exceed the prescribed threshold. GST Turnover Criteria The Goods & Services Tax (GST) Council has announced that businesses in the Northeastern and hill states with annual turnover below Rs.10 lakh would not require GST registration, while the threshold for GST registration exemption in rest of India would be an annual turnover of Rs.20 lakh. Eligible entities must file GST registration application within 30 days from the date of the dealer‟s liability for obtaining GST registration. Note: any person or entity not liable to obtain GST registration can also voluntarily obtain GST registration for taking input credit. Documents Required for GST Registration As per the GST rules, all entities applying for GST registration must have a valid PAN card. In addition to the PAN of the entity, the following information and documents would be required: Promoter Information In case of Proprietorship: Details of Owner/Proprietor In case of Partnership: Details of all Managing/ Authorized Partners (personal details of all partners but photos of only ten partners including that of Managing Partner is to be submitted) In case of Companies registered under Companies Act: Managing Director and whole time directors In case of HUF: Details of Karta of HUF In case of Trust: Details of Managing Trustee In case of Association of Persons: Details of Members of Managing Committee(personal details of all members but photos of only ten members including that of Chairman is to be submitted) In case of Local Authority: Details of CEO or equivalent In case of Statutory Body: Details of CEO or equivalent In case of others: Details of person responsible for day to day affairs of the business Business Registration Documents In case of Companies or LLPs, the GST network would strive for online verification of Company Identification Number (CIN) from MCA21 portal. Partnership Deed should be submitted in case of Partnership Firm. Registration Certificate in case of other entities like Society, Trust etc. which are not captured in PAN. PAN in the name of the Promoter case of Proprietorship firms. Business Address Proof In case of Own premises – any document in support of the ownership of the premises like Latest Tax Paid Receipt or Municipal Khata copy or Electricity Bill copy In case of Rented or Leased premises – a copy of the valid Rent / Lease Agreement with any document in support of the ownership of the premises of the Lessor like Latest Tax Paid Receipt or Municipal Khata copy or Electricity Bill copy In case of premises obtained from others, other than by way of Lease or Rent – a copy of the Consent Letter with any document in support of the ownership of the premises of the Consenter like Municipal Khata copy or Electricity Bill copy Customer ID or account ID of the owner of the property in the record of electricity providing company, wherever available should be sought for address verification Bank Account Details Opening page of the Bank Passbook held in the name of the Proprietor / Business Concern – containing the Account No., Name of the Account Holder, MICR and IFS Codes and Branch details. Authorisation Letter Letter of Authorisation or copy of Resolution of the Managing Committee or Board of Directors to that effect empowering the person to apply for GST registration. Photograph Proprietary Concern – Proprietor Partnership Firm / LLP – Managing/ Authorized Partners (personal details of all partners is to be submitted but photos of only ten partners including that of Managing Partner is to be submitted) HUF – Karta Company – Managing Director or the Authorised Person Trust – Managing Trustee Association of Person or Body of Individual –Members of Managing Committee (personal details of all members is to be submitted but photos of only ten members including that of Chairman is to be submitted) Local Body – CEO or his equivalent Statutory Body – CEO or his equivalent Others – Person in Charge Online GST Registration Application Procedure The GST portal during the GST registration application process would complete preliminary verification or validation of PAN information with the CBDT portal, Aadhaar validation with UIDAI and CIN verification with the MCA portal. On completion of the application form, the tax payer would need to digitally sign the GST registration application using a class II digital signature or print and send a signed copy of the summary extract to the GST central processing center. After receiving the digitally signed document or signed copy document, the GST registration application form is sent to the concerned State authorities (based on the location of the applicant) for processing. On receipt of application in their respective system, the Centre / State authorities would forward the application to jurisdictional officers who examines the uploaded application documents and respond back to the common portal within 3 common working days. If the information and the uploaded documents are found in order, the State and the Central authorities would approve the application and communicate the approval to the common portal within 3 common working days. The portal will then automatically generate the Registration Certificate for the GST registration applicant. To know more about obtaining a GST registration in India, contact an IndiaFilings Business Advisor.
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