GST (Goods and Service Tax) Registration is the application for GST Number or GSTIN online on the GST Portal. A business needs to register under GST if the aggregate turnover is more than the threshold limit.
From 01.04.2019 onwards, this threshold limit for goods and services have been revised. Further, the states have been given an option to opt for old or new limits. Following are the threshold limit for aggregate turnover for each state.
| State | Up to 31/03/2019 | 01/02/2019 to 31/03/2019 | From 01/04/2019 |
| Manipur, Mizoram, Nagaland, Tripura | 10 lacs | 10 lacs | 10 lacs |
| Uttarakhand, Assam, Meghalaya, Sikkim, Arunachal Pradesh | 10 lacs | 20 lacs | 20 lacs |
| Himachal Pradesh | 10 lacs | 20 lacs | 40 lacs |
| Jammu and Kashmir | 20 lacs | 20 lacs | 40 lacs |
| Puducherry, Telangana | 20 lacs | 20 lacs | 20 lacs |
| Other States | 20 lacs | 20 lacs | 40 lacs |
| State | Up to 31/03/2019 | 01/02/2019 to 31/03/2019 | From 01/04/2019 |
| Manipur, Mizoram, Nagaland, Tripura | 10 lacs | 10 lacs | 10 lacs |
| Uttarakhand, Assam, Meghalaya, Sikkim, Arunachal Pradesh, Himachal Pradesh | 10 lacs | 20 lacs | 20 lacs |
| Other States | 20 lacs | 20 lacs | 20 lacs |
Once the taxpayer submits the application, the GST officer issues the GSTIN within 7 working days. However, the registration process can take longer in case the officer wants more documents.
The businesses with a GSTIN can claim Input Tax Credit for the purchases from other GST Registered Dealers. Input Tax Credit under GST allows the transfer of tax credit and avoid double taxation.
Who needs GST Registration?
Following persons should apply for registration.
- If the Aggregate Turnover exceeds the prescribed threshold limit mentioned in the table above, then registration is compulsory.
- Entities registered under VAT, Service Tax, Excise, etc. before GST.
- Inter-State sellers of taxable goods.
- E-Commerce Operators or E-Commerce Sellers of goods.
- TDS (Tax Deducted at Source) Deductor or the TCS (Tax Collected at Source) Collector.
- Non-Resident Taxable Persons i.e. NRTP
- Casual Taxable Person i.e. CTP
- Input Service Distributor i.e. ISD
- Agent i.e. an entity that sells goods and services on behalf of the other person
- OIDAR (Online Information Database and Access Retrieval) Service Provider
- Any business that is liable to pay tax under the RCM i.e. Reverse Charge Mechanism
Documents required for registration under GST
- PAN (Permanent Account Number)
- Proof of Business Registration
- Proof of Address
- Bank Account Proof
- Identity Proof, Address Proof and Photographs of the authorized person
- Digital Signature
- Copy of the Board Resolution, Memorandum of Association (MOA) and Articles of Association (AOA)
What is the process of registration under GST?
- Under New Registration on the Portal, enter the basic details
- You will see a GSTIN/ UIN / Provisional ID
- Verify using OTP (One-time Password)
- You will receive a TRN (Temporary Registration Number)
- Verify the TRN by OTP Verification
- Enter the relevant details and Upload the documents
- Verify your application
- Submit
After the successful submission of the application, you will receive an ARN (Acknowledgment Reference Number). Further, you can track your registration application by using this ARN.
What are the GST Registration Fees?
The Government does not charge any fees for GST Registration. However, the GST Practitioner or the Chartered Accountant may charge their professional fees.
What is the penalty for not registering under GST?
If a business is liable to get a registration but does not register, then a penalty is levied. The GST Department charges a penalty in such cases. The penalty is 10% of the total tax amount or INR 10,000, whichever is higher.
Who can cancel GST Registration?
The GSTIN of the business becomes inactive if they cancel their Registration. The following can apply to cancel the registration of a business:
- Tax Officer
- Taxpayer
- Legal Heirs
How to cancel GST Registration?
Following are the steps to cancel registration on the portal:
- Go to Application for Cancellation of Registration, under the Services
- Enter the basic details
- Enter the details of GST cancellation
- Verify the application
- Submit
After successfully submitting an application to cancel the registration, you will get an ARN. You can track the application of registration by using this ARN.
FAQs
A person can register itself on GST Portal in the following ways:
1. Taxpayer
2. Tax Deductor
3. Tax Collector
4. GST Practitioner
5. Non-Resident Taxable Person
1. The taxpayer will not have to pay GST anymore
2. For certain businesses, registration is mandatory. If the registration is cancelled and business still continues, it will be considered as an offense and heavy penalties will apply.
Yes. The application made to change or update details can be saved. However, if the application is not submitted within 15 days from the date of starting the application, it will get canceled automatically.
No, after registration PAN (Permanent Account Number) cannot be changed. This is because GSTIN is based on the PAN of the entity.
You can download the registration certificate from the GST portal. Go to Services > User Services > View/Download Certificates. Click on download. Your registration certificate will be downloaded.
In order to change the details of your registration, you need to visit GST Portal i.e. gst.gov.in. Go to Services > Registration > Amendment of Registration Non-Core Fields. Select the desired tab and make the necessary changes.
The process to register under GST is completely paperless. The taxpayer can sign the application using a Digital Signature Certificate (DSC) or the Aadhaar-based E-Sign facility. Please note DSC is mandatory in the following cases.
(a) Public Limited Company
(b) Private Limited Company
(c) Unlimited Company
(d) Foreign Company
(e) LLP
(f) Foreign LLP
(g) Public Sector Undertaking
Hey @HarshitShah
GST Registration is the application for GST Number or GSTIN(GST Identification Number). Under the GST(Goods and Service Tax) Regime, it is mandatory for to have GSTIN to collect, pay GST and claim the Input Tax credit.
For GST registration, the dealer has the following options:
Voluntary Registration: The business does not have the liability to register under GST, however, can apply for GST Registration. This usually is when the businesses are willing to take advantage of the Input Tax Credit facility
Registration under Composition Scheme: Composition scheme is a voluntary and optional scheme for registering under GST. Under the composition scheme, the compliance is simpler and lesser returns are to be filed. The tax is to be filed at a fixed rate. If the business turnover is in between INR 40 Lakhs and 1.5 Crores, they can opt for GST Registration under Composition Scheme
No Registration: In the case, when your business does not fall under the conditions for compulsory registration you do not require GST Registration
Hope this helps!
What documents do I need for a new GST number?
Hey @SonalYadav
To get a GST Number or GSTIN in India, you will be required to Register under GST(Goods and Service Tax)
Usually, you receive the GST Number within 4–7 days of GST Registration application is submitted.
Follow these steps to register under GST on GST Portal:[1]
PART A of the GST Registration Application
Now let’s start with the PART B of the GST Application
The PART B of GST Application has various tabs. You will be required to enter the relevant details and upload relevant documents.
Usually, GST Number or GSTIN is allocated within 4–7 days from submitting the GST registration application.
Hope this helps!
Footnotes
[1] GST Registration Process online on GST Portal: Guide | Help Center | Quicko
Hey @Shweta_Saini
You can opt out of Composition Scheme from your account on GST Portal. Once the taxpayer type is updated to Regular in your profile, you can start filing GST Returns under the regular scheme. If you are facing any issues while making the withdrawal application, you can create a grievance on the GST Portal.
Do let us know if you have any further queries.
I want to be able to claim input tax credit for GST paid. Should I opt for the GST composition scheme or regular scheme?
Hey @Joe_Fernandes
If you wish you claim Input tax credit, you should opt for GST Regular Scheme.
Read more about the difference here.
1.composite scheme dealer inward supplies detailes(purchases invoices ) uploaded manadatory show in gstr4 annual return.
2.composite dealer late fees and interest calculate procedure.
Hi @Sundaraiah_Kollipara,
As per Rule 62(3)(a) of CSGT Rules, 2017 (Part A_Rules) A composition taxpayer has to furnish
As per the instructions given below FORM GSTR-4 of CGST Rules, 2017 (Part B_Forms), the following information relating to inward supplies (rate-wise) needs to be provided
But as per clarification by GST department, when the auto-population feature for inward supplies which was available on the GST portal was not working. Reporting in table 4A of GSTR-4 is not mandatory.
Further, late fee of Rs. 200 per day is levied if the GSTR-4 is not filed within the due date. The maximum late fee that can be charged cannot exceed Rs. 5,000. Interest is also calculated at rate of 18% p.a on tax liability.
You can read our below articles for more insights:
A retail pharmacy store dealer composite scheme registered in gst act recently.dealer purchase of medicines different tax rates(1 ,12,18 percent)and sale to counter sales through on Google pay and phone pay online mode and cash mode sales two types amounts received.my doubt: dealer how to accounting entry passed procedure in books
@AkashJhaveri @Kaushal_Soni @Divya_Singhvi @Laxmi_Navlani can you?