New GST Registration - Get GST Registration Online
Give your growing business GST Complaint to the all-in-one Goods & Service tax by April 2019.
Our Offerings:
- We assist you get a Secure GST Identification number.
- Get expert help on GST registration and filing and make it easy for you to get your GST Identification number from the comfort of your own home, we do the entire process online.
- We will file your returns and complete all different compliances as and once needed.
Talk to our representatives to clear all of your doubts concerning GST Registration. Just fill in the form and we’ll get in touch within 24 Hours.
Get GST Registration Online - An Short Overview
Launched on April 1, 2017, the Goods & Services Tax (GST) is an indirect tax that is mandatory to all Indian supplier (including freelancers) who makes taxable supply and whose aggregate turnover exceeds threshold limit then he shall be liable to be registered in that State or Union Territory from where he makes taxable supply. It simply means he is not required to get itself registered in every state where he is making a taxable supply. Suppose a person who visits any State and sets a shop there (Trade fair) then he is a casual taxable person. Then there are separate provisions for registration.
As per the changes in the 32nd GST council meeting, the threshold limit for GST registration is ₹ 20 lakhs for the supplier of services and ₹ 40 lakhs for the supplier of goods. Along with that, the North-Eastern States have an option to choose between ₹ 20 lakhs and ₹ 40 lakhs. Also, taxpayers with a turnover of less than ₹ 1.5 crores can opt for composition scheme to get rid of tedious GST formalities and pay GST at a standard rate of turnover.
Online GST registration can be easily done by anyone through visiting Online GST portal. It is very easy to fill the form on GST online portal yet at the same time you may require the expert’s help to fill the form with accurate information and submit the documents accordingly. Few of the provitions while drafting for GST registration can’t be understood by many of the taxpayers. Therefore at the initial stage, GST registration should be done with the help of experts and here at LegalMaps, you will be able to get your job done with your online GST registration process with simple and quick steps.
Types of GST in India - CGST, SGST/UTGST and IGST
GST will have a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST / Union Territory Goods and Services Tax or UTGST ). Therefore, CGST and SGST/UTGST are levied on all INTRA-STATE SUPPLIES of goods and/or services. INTER-STATE SUPPLIES of goods and/or services will attract the Integrated Goods and Services Tax (IGST), to be levied by the centre.
What is GST Registration Number or GSTIN?
Goods and Services Tax Identification Number or GSTIN is a unique number that is the most fundamental requirement for identification of tax payers ensuring tax compliance in the GST tax regime. To verify a GSTIN number, a taxpayer who has a GST number can log onto the GST portal with correct login credentials.
GSTIN format
- Two characters for the State Code
- Ten characters for the PAN
- Two characters for the entity code; and
- One checksum character
ADVANTAGES of Registration Under GST Regime
The following are advantages to a taxpayer who obtain registration under GST:
- He is legally recognized as supplier of goods or services or both.
- He is legally authorized to collect taxes from his customers and pass on the credit of the taxes paid on the goods or services supplied to the purchasers/recipients.
- He can claim Input Tax Credit of taxes paid and can utilize the same for payment of taxes due on supply of goods or services.
- Seamless flow of Input Tax Credit from suppliers to recipients at the national level.
- Registered person is eligible to apply for Government bids or contracts or assignments.
- Registered person under GST can easily gain trust from customers.
What is GST Registration - A detailed process
> Every person who is liable to be registered shall apply for registration within 30 days from the date on which he becomes liable to registration.
> Before applying for registration declare his
1. Legal name of business
2. PAN,
3. Mobile number,
4. e-mail address,
5. State or Union territory
in Part A of Form GST REG -01 on Common Portal.
> On successful verification of the PAN, mobile number and e-mail, a temporary reference number shall be generated and communicated to the applicant.
> Applicant shall submit Part B of Form GST REG-01, duly signed, along with documents specified in the said Form at the Common Portal.
> Form GST REG – 02: Acknowledgement of Application If these documents are found to be in order, the Proper Officer shall approve the registration within 3 working days from the date of submission.
> If the Proper Officer fails to take action in 3 working days from the date of submission, the registration is deemed to have been approved.
> Form GST REG-03: Notice for Seeking Additional Information / Clarification / Documents relating to Application for Registration/Amendment/Cancellation, and GST REG-04: Clarification/additional information/document for Registration/Amendment/Cancellation.
> The Proper Officer is satisfied with the clarification, he may approve the grant of registration to the applicant within 7 working days on receipt of such clarification.
> If no reply is furnished by applicant in response to notice issued or Proper Officer is not satisfied with the clarification, he shall reject such application with reasons in writing and inform the applicant in Form GST REG-05
> Where no action is taken in 7 working days on the clarification received from the applicant, the registration is deemed to have been granted.
> Certificate of Registration: Certificate of registration shall be granted in Form GST REG-06 showing the principal place of business (PPoB) and additional place(s) of business (APoB) is made available to the applicant on the common Portal and a Goods and Services Tax Identification Number (hereinafter referred to as “GSTIN”) i.e. the GST registration no. is communicated to applicant, within 3 days after the grant of registration.
THRESHOLD LIMIT for GST Registration
Every supplier of goods or services or both is required to obtain registration in the State or the Union territory from he makes the taxable supply if agregate turnover exceeds ₹ 20 lakhs for the supplier of services and ₹ 40 lakhs for the supplier of goods in a FY. Also, taxpayers with a turnover of less than ₹ 1.5 crores can opt for composition scheme.
However, an option to choose between ₹ 20 lakhs and ₹ 40 lakhs if the person is carrying out business in the Special Category States (States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand).
Who is LIABLE for GST Registration?
Following category of persons are mandatorily required to obtain the registration under GST irrespective of their turnover:
1) Persons making any inter-State taxable supply
2) Casual taxable persons making taxable supply
3) Persons who are required to pay tax under reverse charge
4) E-Commerce Operator
5) Non-Resident Taxable Persons making taxable supply
6) Persons who are required to deduct tax under section 51 (TDS)
7) A person who supplies on behalf of some other taxable person (i.e. an Agent of some Principal)
8) Input Service Distributor, whether or not separately registered under this Act
9) Every person supplying online information and database access or retrieval services from a place outside India to a person in India other than a registered person
10) Person/ class of persons notified by the Central State Government.
GST rates in India (CGST/SGST/UTGST) (for IGST rate will be double)
GST rates pescribed for various goods: Broadly, six rates of CGST have been notified for goods, viz., 0.125%, 1.5%, 2.5%, 6%, 9% and 14%. Some items have been kept at Nil rate. Equivalent rate of SGST/ UTGST will also be levied.
GST rates pescribed for various services: Broadly, four rates of CGST have been notified for services, viz., 2.5%, 6%, 9% and 14%. Equivalent rate of SGST/ UTGST will also be levied.
Mandatory documents for GST registration Online
The list of documents required for registration of GST for various business are as follows:
FOR PROPRIETORSHIP
> Photo of Proprietor
> PAN Card of Proprietor
> Aadhaar Card of Proprietor
> Bank Details
> Address Proof
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 of Association, AOA
> Memorandum of Association, MOA
> Resolution signed by board members
> Identity and address proof of directors
> Digital Signature
The following can be shown as proof of address of a director:-
> Passport
> Voter Identity Card
> Aadhar Card
> Ration Card
> Telephone or Electricity Bill
> Driving License
> Bank Account Statement
Add what works as identity proof, One can use a PAN Card, Aadhar Card as identity proof. For address proof, any of the director’s can show their voters ID, passport, telephone bill, electricity bill and telephone bill.
Preparation of GST application
One of our GST representatives will collect all the required documents from you and process the same.
APPLICATION FILING
Once all the documents are collected, the application will be processed and filed. On successful verification of the PAN, mobile number and e-mail, a temporary reference number (TRN) shall be generated.
GST REGISTRATION CERTIFICATE
The GST registration certificate and GSTIN will be issued upon verification of GST application and other mandatory documents by the GST Proper Officer. Be aware that no hard copies of the certificate will be issued and the GST registration certificate can be downloaded from the GST Portal as the certificate made available to the applicant on the GST Common Portal.
PENALTIES FOR FAILURE TO GST REGISTRATION
According to Section 122 of the CGST act 2017, in India, there is a direct penalty for all those taxable persons who fail to register under GST.
Registration under composition levy
If one of the business verticals of a taxable person is paving tax under normal levy [Section 9], no other business vertical shall be granted registration to pay tax under composition levy [Section 10].
Voluntary registration [Section 25(3)]
A person who is not liable to be registered under section 22 or section 24 may get himself registered voluntarily. In case of voluntary registration, all provisions of this Act, as are applicable to a registered person, shall apply to voluntarily registered person.
Advantages of voluntary registration under GST:
> Legally recognized as supplier of goods or services; This helps in attracting more customers.
> Provide input tax credit to customers. As they can issue taxable invoices, they can collect GST. Their customers can take input credit on their purchases.
> They will be more competitive than other small business as buying from them will ensure input credit.
> Voluntarily registered persons can take input credit on their own purchases and input services like legal fees, consultation fees etc.
> They can make inter-state sales without many restrictions.
GST Return Filing
The taxpayer is required to furnish the following returns electronically through the common portal, either directly or through a GST administrative authority (GST Practitioner):
> FORM GSTR-1 giving the details of outward supplies of goods or services to be filed on or before the 10th day of the following month.
> FORM GSTR-2, giving the details of inward supplies to be filed after tenth but before before the 15th day of the following month.
> FORM GSTR-3 to be filed after fifteenth day but before the twentieth day of the following month.
> Annual return: However, a casual tax person shall not be required to file any annual return as required by a normal registered taxpayer.
Note: For filing a GST Return, you need to have GST compliant sales and purchase invoices attached.
How can we help you? - Why LegalMaps?
Some of the best reasons to choose us are:
> Easy to get GST registration and GST Identification Number online.
> No hassle compliances as we completely take control of them.
> All your returns will be filed duly
Our GST representative are available to explain the whole process and clear any queries you may have.
Although the GST portal has a user-friendly interface, the GST Forms have a lot of complex fields. Hence, it is highly recommended that you seek the help of a professional for submitting the application, the required procedures, filing your returns and completing other formalities in the portal.
FAQs on Goods & Service Tax Registration
Yes, you can easily apply for GST Registration online. Now you can register your business on the official GST portal and then scan and upload all the documents when it required. Then you will receive an acknowledgement on your registered e-mail or mobile number. On acceptance a GSTIN will be generated for the application and a temporary password and login will be sent to your registered e-mail or mobile number. After that you will get a GSTIN for your business with unique 15-digit ID.
Every supplier of goods or services or both is required to obtain registration in the State or the Union territory from he makes the taxable supply if agregate turnover exceeds ₹ 20 lakhs for the supplier of services and ₹ 40 lakhs for the supplier of goods in a FY. Also, taxpayers with a turnover of less than ₹ 1.5 crores can opt for composition scheme.
However, an option to choose between ₹ 20 lakhs and ₹ 40 lakhs if the person is carrying out business in the Special Category States (States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand).
No. In the North East states or the Union territory of India, the GST threshold limit comes to ₹ 20 lakhs for the supplier of services and ₹ 40 lakhs for the supplier of goods in a financial year for all types of businesses. Whereas, in states like Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand; the threshold limit is an option to choose between ₹ 20 lakhs and ₹ 40 lakhs.
The objective of composition scheme is to bring simplicity and to reduce the compliance cost for the small taxpayers. Small taxpayers with an aggregate turnover in a preceding financial year is less than ₹ 1.5 crores shall be eligible for composition levy. However, the limit remains ₹ 75 lakhs for Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand.
Suppliers opting for composition levy need not worry about the classification of their goods or services or both, the rate of GST applicable on the same, etc. They are not required to raise any tax invoice, but simply need to issue a Bill of Supply. wherein no tax will be charged from the recipient.
At the end of a quarter, the registered person opting for composition levy would pay a certain *specified percentage of his turnover of the quarter as tax, without availing the benefit of input tax credit.
*Specified percentage are:
> 0.5% of the turnover in State or turnover in Union territory in case of a manufacturer, i.e Total 1% GST for manufacturer.
> 2.50% of the turnover in State or turnover in Union territory in case of persons engaged in making supplies of food / drink for human consumption, i.e Total 5% GST for Restaurants not serving alcohol. And
> 0.50% of the turnover in State or turnover in Union territory in case of other suppliers, i.e Total 1% GST for traders.
Eligible criteria to opting composition scheme:
1. He is not engaged in the supply of services.
2. He is not engaged in making any supply of goods which are not leviable to tax under this Act.
3. He is not engaged in making any inter-State outward supplies of goods.
4. He is not engaged in making any supply of goods through an electronic commerce operator who is required to collect tax.
5. He is not a manufacturer of such goods as may be notified by the Government on the recommendations of the Council.
Conditions and Restrictions for composition scheme:
1. The person opting for the scheme must neither be a casual taxable person nor a non-resident taxable person.
2. The goods held in stock by him have not been purchased from an unregistered supplier and where purchased, he pays the tax under reverse charge.
3. He shall pay tax as per normal rates, in case of inward supply of goods and services or both received.
4. He was not engaged in the manufacture of goods during the preceding financial year. Ice cream and other edible ice, whether or not containing cocoa. Pan Masala, Tobacco and Manufactured Tobacco Substitutes.
5. Mandatory display on invoices of the words “composition taxable person, not eligible to collect tax on supplies”.
6. Mandatory display of the words “Composition Taxable Person” on every notice and signboard displayed at a prominent place.
Yes, GST applies to all manufacturers, traders and service providers. It extends to any dealers, writers and bloggers, earnings from online platform like Google AdWords through PayPal, import and export businesses, all kinds of startups including companies, whether they are proprietorship, partnerships or private limited companies, LLPs. It also applies, regardless of the threshold limit prescribed by the government,
1. Businesses operating from outside of their home state;
2. A business may be not registered to the state;
3. Businesses are liable to paying tax on reverse charge;
4. Input service distributor (ISD);
5. Electronic-commerce operator (ECO);
6. Aggregators selling services under own brand name (for example- Ola, Uber);
7. Online sellers;
8. Agent of supplier(s)
REGISTRATION REQUIRED ONLY FOR A PLACE OF BUSINESS FROM WHERE TAXABLE SUPPLY TAKES PLACE: A person is required to obtain registration with respect to his each place of business in India from where a taxable supply has taken place. However, a supplier is not liable to obtain registration if his aggregate turnover consists exclusively of goods or services or both which are not taxable under GST.
The ARN which stands for “Application Reference Number” which is generated from GST portal.
The ARN is the conclusive proof of successful submission of any application to the GST portal. The ARN always generated after the “Temporary Reference Number” (TRN) against uploading of requisite documents.
The ans. is – No. As LegalMaps completely technology-driven platform, provides the GST registration service online. So, you don’t need to have to be physically present during the registration process. All we need is just a desktop or laptop or may be phone with Internet connectivity, and the required documents, through which we can get the job done for you, even if you are located at the remotest location of any state/UT in India.
No, the same form for SGST, CGST and IGST can be used for the time of filing your return but it will have different columns for each one of them and it will have to be used on the basis of inter-state supplies or intra-state supplies.
NO, It is not possible to revise the GST returns at the time, but any changes can be made on the details provided using amendment section in the next period’s return.
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