Every Business or corporation which is involved in the buying and selling and good of services has to register for GST Mandatory:
- Companies whose turnover is more than Rs. 20 lakhs (Rs. 10 lakh for North Eastern and hill states ( for supply of Service)
- Companies whose turnover is more than Rs. 40 lakhs(for supply of Goods) yearly to register for a GST
- All businesses making interstate outward supplies of goods have to register for a GST,applied same to business making taxable supplies on behalf of the other taxable persons, for ex. Agents and Brokers.
- E-commerce sellers /aggregators need not to register if total sales are less than Rs. 20 lakhs.
Documents required for GST Registration:
- For Proprietorship : PAN Card and Address proof of proprietor
- For LLP: PAN Card of LLP, LLP Agreement, Partners Names and Address proof.
- For Private Limited Company : Certificate of Incorporation, PAN Card of Company, Articles and Memorandum of Association, Resolution signed by the Directors, Ids(PAN Card) and Address proof(Passport, Aadhar Card or Electricity Bill) of Directors, Digital Signature of
GST Registration Procedure:
- Click on services ->Registration
- Under Registration, there will have two drop-down options, Click on New Registration.
- Under above , one have to fill the required details like mobile no., email id and PAN no. which is mandatory for GST Registration. In case of the Company’s or LLPs, it’s PAN no.
- Then an OTP will be generated on Mobile no and Email-id for verification.
- After this a Temporary identification number that will be usd for further registration process.
- Then Documents will be uploaded based on the business type and other information required to be filed.
- The officer may take 3 working days to review the application , if approved , certificate will be granted within 7 days of time along with GST identification number. If it is pending , one have to submit further documents to authenticate application, post which the officer will make a decision on the application.