GST registration is the most fundamental requirement for identification of tax payers, ensuring tax compliance in the economy. GST Registration came into effect from July 01, 2017 under the Act. GST registration of any business entity under the GST law implies obtaining a unique number from the concerned tax authorities for the purpose of collecting tax on behalf of the government and to avail Input Tax Credit for the taxes on his inward supplies. Without GST registration, a person can neither collect tax from his customers nor claim any input Tax Credit of tax paid by him.
Documents Required for GST Registration:-
- PAN card of all the promoters/directors (Passport in case of foreign individual);
- PAN Number of the company;
- Aadhaar card of all the promoters/directors;
- Proof of business registration or Incorporation certificate;
- Identity and Address proof (i.e. PAN card and Aadhaar Card) of Promoters/Director with Photographs;
- Address proof of the place of business: (not older than two months)
- Own office – Copy of electricity bill/municipal khata copy/property tax receipt/ownership document;
- Rented office – Copy of electricity bill/municipal khata copy/property tax receipt/rent agreement/ownership document or No objection certificate (NOC) from the owner. (In case the owner is Body Corporate then a board resolution authorising use of such property by the applicant company is also required);
- Letter of Authorization/Board Resolution for Authorized Signatory for GST Application;
- Digital Signature (DSC) of any one authorised signatory; and
- Main objects with respect to business activities of the company.
Persons liable for registration:
- Every person shall be liable to be registered under GST Law if the total aggregate turnover (including exempt supplies*) crosses 20 Lakhs in a FY (40 Lakhs w.e.f. April 01, 2019). **
However, for Special Category States (i.e. Assam, Arunachal Pradesh, Himachal Pradesh, Uttarakhand, Manipur, Mizoram, Sikkim, Meghalaya, Nagaland and Tripura), the turnover limit is Rs. 10 Lakhs;
- Registered person under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.) is required to get registered under GST;
- In case of transfer of business by registered person, transferee to get new registration;
- Transferee of business to get fresh registration in case of amalgamation or demerger;
- Casual taxable person / Non-Resident taxable person;
- Agents of a supplier and Input service distributor;
- Those paying tax under the reverse charge mechanism;
- Person who supplies via e-commerce aggregator;
- Every e-commerce aggregator; and
- Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.
*Exempt supplies: Any Goods or Services or both which attract Nil rate of Tax or which may be wholly exempt from Tax.
**CBIC has notified the increase in threshold turnover from Rs 20 lakhs to Rs 40 lakhs. The notification will come into effect from 1st April 2019.
Multiple GST registration required in following matter:
If a business operates from more than one state, then a separate GST registration is required for each state. Further a business with multiple business verticals in a state have to obtain a separate GST registration for each business vertical.
Time frame for GST application:
Every person who is liable to be registered under GST law shall apply for GST registration in every such State or Union territory in which he is so liable within thirty days from the date on which he becomes liable to register.
However, a casual taxable person or a non-resident taxable person shall apply for GST registration at least five days prior to the commencement of business.
Time frame for GST registration process:
Once the GST registration process starts a TRN is generated and remains valid for 15 days within which the process needs to be completed.
GST registration usually takes between 2-6 working days.
A person, though not liable to be registered under GST law may get himself registered voluntarily, and all provisions of this Act, as are applicable to a registered person, shall apply to such person.