Register Goods and Services
Tax (GST Registration) India

In today's world it is considerably easier to setup or start a company in India. Now a days it needs lesser time frame to start your business in India compared to yester years. It takes only less that 5 weeks to register a company in any part of India.

Goods and Services Tax (GST)

Everything You Need To Know About Goods and Services Tax (GST)
Goods and Services Tax (GST), in simple words, means instead of paying taxes at every level in the form of VAT, excise duty, sales tax, customs, luxury tax and service tax, you pay a single tax at the end of the supply chain.


GST Registration

In order to supply goods and products in India, it is mandatory to do GST registration.
Registration ensures safe taxation and also lets you enjoy various benefits. Multiple input taxes paid at every stage build up and cause cumbersome interaction with tax authorities. This can be avoided by adding value for each stage and a final tax being paid by the customer to the last dealer from whom the product is being bought or services were taken.

GST Registration steps

First, find out if GST registration will be under compulsory or voluntary registration for your specific case.
Check the documents required to register for GST and arrange those properly
Check the documents by a professional to avoid rejection
Upload the documents on GSTN website along with application form
On being evaluated and being approved the GST registration usually takes only a few days to get processed. The registration certificate will be granted accordingly.

Documents checklist for GST online registration in India


Proof for Business


  • Passport Size Photo
  • Partnership deal or business registration certificate
  • Bank statement
  • Authorization form

Address proof documents


  • Proof of ownership of property
  • If rented then rent agreement
  • NOC

Mandatory GST Registration Cases


In spite of any exemption or remedies, the following cases will need GST registration compulsorily even if turn-over is less.

  1. Person making any inter state taxable supply.
  2. Casual taxable person making any taxable supply.
  3. Persons who are required to pay tax under Reverse Charge.
  4. Non resident taxable person making any taxable supply.
  5. Every person providing online information database access from outside India - AWS, Godaddy etc.
  6. Anything else notified by the Government from time to time.
  1. Person supplying goods/services on behalf of someone else (agent).
  2. Input service Distributor - Whether or not register.
  3. Person selling on e-commerce platform like Flipkart, amazon etc.
  4. Every e-commerce operator - Flipkart, amazon, snapdeal etc.
  5. Persons who are required to deduct TDS (Govt Departments).

Cases of GST exemption


There are only two cases where GST registration is not required at all even if the turnover is more than 20 lakh. The two cases are as follows:

  1. Exempted Goods / Service Supplier
  2. Any supplier of goods or services that are exempt from being taxed or can’t be taxed even if the turnover is more than 20 lakhs.

  3. An agriculturist who supplies produce cultivated on land
  4. An agriculturist cultivates land by himself or by employing others is also exempt from GST if he supplies the land produce.

Documents checklist for GST online registration in India

There are so many compliances under GST and if not complied properly, then there is a provision of high penalties. Here are three main compliances:

Invoices

Invoices should be uploaded on GSTN and reference number must be generated before supply is made.

3 Returns

GSTR 1, 2, 3 are the 3 monthly returns which must be filed according to the uploaded invoices.

Annual

An annual return has to be filed as well

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