Ask Our Expert!

GST Registration in India- To Get Optimal Details

GST Registration in India

GST registration in India is a procedure through which a taxpayer gets legally registered for GST. After a company is registered, a specific identification number will be assigned, referred to as the Goods and Tax Identification Number (GSTIN). It is a 15-digit number issued by central authorities once the taxpayers are registered.

Note: If you operate from more than one state, you must complete a separate Registration GST for each state you work from.

You may wonder if every company must be registered under GST. Let's discuss the GST Registration Process in depth.

Who Is Eligible For GST Registration Online Process? 

All businesses that sell goods and services whose revenue exceeds INR 40 lakhs in a fiscal year must be registered as regular taxable persons. The threshold will be INR 10 lakh for an establishment in the states of north-eastern, J&K, Himachal Pradesh, and Uttarakhand.

The maximum turnover for the year is INR 20 lakh, and in the cases of states with special categories, INR 10 lakh for service providers.

Here's the list of companies for which GST Registration In India is required regardless of their revenue:

  • Casual taxable person / Input Service Distributor (ISD)
  • Non-resident taxable person
  • Inter-state provider of services and goods
  • The seller of goods via an online portal for commerce
  • Any service provider
  • Taxpayers can pay in the reverse charge mechanism.
  • TDS/TCS deductor
  • Online access to data or retrieval service provider

To determine the amount of GST you will have to pay on the items or services you offer, utilize an online GST calculator.

Documents Required For GST Registration in India 

Check out the list of documents you'll require to register your business for GST:

  • Permanent Account Number (PAN) of the applicant
  • A copy of the Aadhaar card
  • Evidence of registration of the business or incorporation certificate
  • Address proof and identity of directors and promoters by a photo
  • Statement on bank account/canceled cheque
  • Authorization letter/board resolutions for authorized signatory
  • Digital signature

Different types of Online GST Registration in India

There are many types of GST Registration in India as per company concern. So you can check the best kind of registration of GST to get more info: 

Normal Taxpayers

Many companies in India are in this category.

Companies with a turnover of more than 40 lakhs in a fiscal year must be registered as regular taxable persons. However, the threshold is 10 lakhs when you operate a business in the northern states of J&K, Himachal Pradesh, and Uttarakhand.

Casual Taxable Person

Seasonal or occasional businesses need to be registered under GST for this type of. Companies must make an amount equal to their GST liability from their regular activities.

The GST registration period is three months. Businesses can, however, apply for extensions and renewals.

Non-resident tax-paying individual

Individuals not based in India and occasionally providing products or services as agents, principals, or in any other capacity to Indian residents must apply for registration in this class.

The business owner must make a payment equal to the estimated GST obligation during the current GST tenure. The customary tenure is three months. However, people can extend or renew the registration at any time if they wish to.

Composition Registration

Businesses with an annual turnover of Rs 1 crore can be registered under the composition scheme. In this scheme, companies must pay a predetermined amount of GST, regardless of their actual revenue.

Essential Facts Regarding GST Registration In India

  • Any company with an annual turnover of more than 20 lakh INR has to sign up for GST.
  • If you're a seller of products for more than one nation, you must sign up for GST across all states to provide the goods.
  • There is no fee for registration for GST.
  • In the event of not filing for GST could result in a penalty of 100,00 INR or 10 percent of the amount due.

Procedure Of GST Registration In India

The procedure for obtaining GST registration is quick and free. Anyone applying for regular registration may visit the GST portal and fill out the GST Registration Form REG-01.

  1. Visit GST portal
  2. Select "Registration" in "Services," then click on the "Registration" "Services" tab, and then click "New enrollment."
  3. Application forms are split into two parts, namely Part A and Part.
  4. Choose 'Taxpayer' for the taxpayer type in the "I'm one drop-down menu.
  5. In the State/UT or District drop-down menu, choose the state or district for where registration is required.
  6. For the Legal Name of the Business field, please type in your legal title for the company organization as it appears within the PAN database.
  7. For the Permanent Account Number (PAN) in the field in the Permanent Account Number field, type PAN of the company (or PAN of the Proprietor).
  8. In the field for email addresses, you must input an email address for the first signatory.
  9. In the field for mobile numbers, you must fill in the valid phone number for the principal authorized signatory.
  10. Enter the captcha number and press the 'Proceed' button.
  11. After you've completed the procedure, proceed to Part B. After verification, you'll be issued a Temporary Reference Number (TRN). This TRN can be emailed to your registered email address and mobile number.

Second Part

  1. Select the 'Services "Registration" > "New Registration' option. Click the "Temporary Reference Number" (TRN) button to sign into the system using the TRN.
  2. Within the TRN field, type in the TRN generated and the captcha code displayed at the top of the screen. Click on the 'Proceed' button.
  3. Enter the OTP received via mobile or email on the verification OTP page. Then, click the "Proceed" button.
  4. A My Saved Application page is displayed. In the column titled Action, you can click on the Edit icon.
  5. On the right side of the page, you will find a registration form that has 10 tabs open. Select each invoice for information like company information, promoter/partner's details, authorized signatory principal and additional business location, products, details of services, state information, Aadhaar authentication, and verification.
  6. Click on Save to continue. After the application has been submitted and signed, sign it electronically using DSC and then click "Proceed."
  7. Once you submit your form, you'll be sent an Application Reference Number (ARN) by SMS or email to verify your enrollment.

Status Of GST Registration In India

After submitting your application for GST Registration, you will be issued An Registration Reference Number (ARN). A GST registration application will be accepted after 15 days from the submission date. However, you can verify the GST registration status online via the GST website.

You can download the GST registration certificate online

A GST Registration Certificate is valid proof that proves a company has been legally registered as a business under the GST system. Any company operating in India with a turnover higher than the threshold to be eligible for GST registration must be registered under GST.

Anyone eligible may apply for GST Registration In India through the GST portal by going to through the internet browser. After verification of the application by the officer, the application is accepted. 

The registration of GST in India becomes effective on the date that the obligation to Register For GST arises when the application is completed within thirty days of the date. If, however, the application was made late, the GST registration is valid as of the date of granting the registration.

Benefits of GST Registration In India

  • Recognition of legality for a company
  • Taxes are accounted for in a uniform manner
  • Businesses will be able to benefit from a variety of benefits under the GST regime.
  • Legal authorization for tax collection on sales
  • Penalties for not registering under GST
  • Businesses that are required to sign up under GST legally must pay penalties of 10 percent of the GST amount due up to a maximum amount of INR 10,000.