Tag Archives: GST Registration

GST for Traders – Do they need GST Registration?

Posted on by Sakshi Shah
23


GST is applicable if the aggregate turnover of a business exceeds the threshold limit. Once the business is registered under GST, it must charge GST on the sale of goods or services. It is applicable to manufacturers, traders and service providers. Does GST apply to stock traders also? The applicability of GST to trading in securities is a confusing question prevalent amongst traders. GST is not applicable to income from trading in stocks, shares, mutual funds, futures, options etc. Let us understand in detail.

Does having GST for Traders have any benefit?

What is recommended - having GSTIN and filing both GST and ITR or just simply file ITR no need of GST?

Does having GST for Traders have any benefit?

What is recommended - having GSTIN and filing both GST and ITR or just simply file ITR no need of GST?

Is GST applicable to Securities Traders?

It is mandatory to register under GST if the Aggregate Turnover exceeds the threshold limit of INR 40 Lakh (INR 20 Lakh for special category states) for sale of goods or INR 20 Lakh (INR 10 Lakh for special category states) for sale of services. As per Section 22 of CGST Act, Aggregate Turnover is the total sales value of taxable/exempt goods or services.

The GST Act specifically excludes Securities from the definition of Goods. As per Section 2(52), Goods means any movable property except money and securities. The definition of Services means anything other than goods, money and securities. Thus, trading in shares and securities is not considered as supply as per the GST Act and falls outside the purview of GST. Therefore, securities traders are not liable to register under GST.

However, it must be noted that if a broker is earning brokerage income from securities trading, GST registration is mandatory if such brokerage exceeds the threshold limit.

Apply for GST Registration
Take help of an expert to apply for registration under GST
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Apply for GST Registration
Take help of an expert to apply for registration under GST
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Should I include Trading Turnover in Aggregate Turnover?

Trading Turnover is the turnover calculated for each trading segment as per the reporting requirements of the Income Tax Act.

Aggregate Turnover includes the sum of the sale of goods and services. Since the definition of goods and services excludes securities, the aggregate turnover should not include trading turnover to determine the applicability of GST Registration.

Trading Expenses on Securities Trading

Expenses incurred on trading in securities also includes CGST, SGST or IGST. This is the GST on expenses such as brokerage, transaction costs, turnover fees, etc that the trader pays for trading transactions. The trader can claim such expenses against the profit/loss from trading while filing the Income Tax Return on the income tax website.

GST for Traders – Reporting in ITR-3

Turnover as per ITR must match with sales reported in GST Return to avoid any mismatch notice. If the trader does not have GST Registration, he/she need not report details of GSTIN in the Income Tax Return. If the trader has income from any business other than securities trading and has GST Registration, it is advisable to report the trading turnover from securities trading under Non-GST Supply in the GST Return.

FAQs

Does securities also cover derivatives?

The GST Act excludes Securities from the definition of Goods. Securities shall have the same meaning as per Section 2 of Securities Contracts (Regulation) Act, 1956 and includes shares, scrips, stocks, bonds, debentures, debenture stock, other marketable securities and derivatives.

Is GST applicable on brokerage earned in Stock broking services?

Yes. A stockbroker provides stockbroking services that fall under the definition of ‘Services’ under GST. Therefore, such sale value must be included in Aggregate Turnover to determine the applicability of GST Registration.

My trading turnover from share trading exceeds INR 40 lacs. Do I need to register under GST?

Trading in securities does not fall under GST since the definition of ‘Goods’ and ‘Services’ as per the GST Act excludes securities. Therefore, even if the trading turnover exceeds the threshold limit, GST is not applicable.

H&R Block customers : Welcome to Quicko

Posted on by Aakash (Quicko Customer Success Representative)
Reply

H&R Block is a global online tax filing platform. It started its first Global Technology Center in India in October 2017. They had served the Indian market with various services, some of which have been mentioned below:

  • DIY Tax Filing
  • CA Assisted Tax Filing
  • Informative Youtube videos & Articles

Although they have been involved in the Indian market for a couple of years now, they have decided to discontinue their services to the Indian taxpayers.

If you are an existing customer of H&R Block, you don’t need to worry about your tax preparation for the upcoming Financial Year. You can take the help of Quicko.

Given below are the services that are offered by us at Quicko:

Our DIY – Do It Yourself ITR filing allows you to simply upload your Form 16 on our platform and file your ITR within few minutes. You can also get our CA assistance on the same.

Ask an Expert (Income Tax)
Talk to an expert via call, whatsapp or messages. Ask questions about tax returns, applicability & compliance etc.
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Ask an Expert (Income Tax)
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Our DIY- Do It Yourself TDS filing allows you to fill TDS Return required details like your TAN and PAN and employee’s details on our platform and file TDS Return within few minutes. You can also get our CA assistance on the same.

Ask an Expert (TDS)
Talk to an expert via call, whatsapp or message. Ask questions about TDS Deduction, TDS Return Filing and Compliance.
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Ask an Expert (TDS)
Talk to an expert via call, whatsapp or message. Ask questions about TDS Deduction, TDS Return Filing and Compliance.
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Our DIY- Do It Yourself GST filing allows you to generate invoices, built purchase orders, keep records, view reports, etc on our platform and file your GSTR within few minutes. You can also get our CA assistance on the same.

Ask an Expert (GST)
Talk to an expert via call, whatsapp or messages. Ask questions about Input Tax Credit, GST Returns, Notices & Compliance etc.
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Ask an Expert (GST)
Talk to an expert via call, whatsapp or messages. Ask questions about Input Tax Credit, GST Returns, Notices & Compliance etc.
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Taxpayers can avail all these services with our CA assistance. Following are some of the CA assisted plans:

Individuals, in order to file their ITR, have to own a PAN. Therefore without PAN one cannot file their ITR. Even NRIs are required to have their PAN. You can apply for PAN with the help of Quicko and get our CA Assistance on the same.

New PAN Application for Residents
Expert Assisted New PAN (Permanent Account Number) Application for Resident Individuals.
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New PAN Application for Residents
Expert Assisted New PAN (Permanent Account Number) Application for Resident Individuals.
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Proprietorship businesses and Entrepreneurs who wish to get the status of a company have to register their businesses with the Ministry of Corporate Affairs (MCA). You can apply to register your business with Quicko and get CS Assistance on the same.

Private Limited Company (PLC) Registration
CS Assisted incorporation of Private Limited Company (PLC) in India.
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Private Limited Company (PLC) Registration
CS Assisted incorporation of Private Limited Company (PLC) in India.
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You can now do Error-free bulk PAN verification with Quicko and get CA Assistance on the same.

  • APIs
    • Provision of GST APIs
      • Simple, RESTFul APIs to verify GSTIN details, create e-invoice, upload GSTR & reconcile ITC.
    • Provision of PAN APIs
      • The easiest way to verify PAN online by using Self-Served REST APIs. Provides seamless customer KYC and error-free payroll.

Apart from that, we also believe in high engagement with customers, being up to date with the trends and providing them with higher customer satisfaction.

Hence, the following are some initiatives taken by us:

We at Quicko are on a mission to simplify taxes for all.

Board Meeting: Approval of GST Registration

Posted on by Maharshi Shah

A board meeting is a formal gathering of a Board of Directors. Most of the organizations, being public or private, profit or non-profit, are ultimately governed by a body commonly known as Board of Directors. The members of this body cyclically meet to discuss strategic matters.

A Company is required to apply for GST under the following situations:

  1. Voluntary registration
  2. Turnover exceeds the specified limit mentioned in the law
  3. Claim the Input Tax Credit (ITC) levied on purchases

Once the Company receives the GSTIN from the GST department, it has to convene a Board Meeting and inform the Board regarding the GST details and record the same.

Furthermore, a resolution authorizing _______ must also be passed in the Board Meeting to authorize a person on behalf of the Company to sign the returns, documents, letters, correspondence, etc., to represent on behalf of the Company to appear before GST authorities as and when required.

Thus, review your Board Meeting Minutes immediately after the meeting. When your board meeting minutes are complete and finished, make sure they are distributed to board members as soon as possible. Once the minutes are approved by a vote of the members during the board meeting, they become part of the official record of the organization. It’s important that a copy of all minutes are kept in one place.

Download Meeting Minutes
Download Sample Board Meeting for Approval of GST Registration
Download
Download Meeting Minutes
Download Sample Board Meeting for Approval of GST Registration
Download

FAQs

What is the penalty for GST registration failure?

Those who fail to register under GST even though they are required to mandatory to do so will have to pay a penalty equal to 10% of the tax amount or INR 10,000 whichever is more.

Is displaying GST registration details required at the place of business?

Once the GSTIN is obtained, every registered business must display this number on the name-board placed at the entry of its registered office or factory.

Which records/documents are to be maintained as per the GST law?

The following records/documents are to be maintained as per the GST law:
– Outward and inward supply of Goods and Services
– Stock register
– ITC availed
– Output tax payable and paid

What is the time-frame for which the mandatory documents are to be maintained under the GST law?

For a particular Financial Year, accounts or records must be kept for at least 72 months from the date of the due date of filing the annual return for such Financial Year.

Board Meetings: Application for GST

Posted on by Maharshi Shah
Reply

A board meeting is a formal gathering of a Board of Directors. Most of the organizations, being public or private, profit or non-profit, are ultimately governed by a body commonly known as Board of Directors. The members of this body cyclically meet to discuss strategic matters. A Company is required to give application for GST Registration under the following situations:

  1. Voluntary registration
  2. Turnover exceeds the specified limit mentioned in the law
  3. Claim the Input Tax Credit (ITC) levied on purchases

While obtaining GST Registration for a company, a Board Resolution may have to be passed by the Board of Directors of the Company authorizing a person to complete the registration formalities on the GST portal. It’s important to note that for obtaining GST registration for a company or LLP, a Digital Signature is required for the authorized signatory.

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Thus, review your Board Meeting Minutes immediately after the meeting. When your board meeting minutes are complete and finished, make sure they are distributed to board members as soon as possible. Once the minutes are approved by a vote of the board during the next board meeting, they become part of the official record of the organization. It’s important that a copy of all minutes are kept in one place.

Download Meeting Minutes
Download Sample Board Meeting for Application for GST
Download
Download Meeting Minutes
Download Sample Board Meeting for Application for GST
Download

FAQs

What are the documents required for the registration of GST?

The documents required for the registration are as follows:
– PAN Card
– Proof of Business Registration
– Proof of Address
– Proof of Bank Account
Identity Proof, Address Proof, and Photographs of the authorized person
– Other documents such as:
For Company – Memorandum of Association (MOA), Articles of Association (AOA) or Copy of Board Resolution or,
For LLP — Copy of Board Resolution & Digital Signature

Can a business operate across India under only one GST number?

No. An entity operating in multiple States will have to be registered separately for each of the States from where the taxable supply of Goods or Services is made.

What is the threshold limit above which the GST registration is mandatory?

A business needs to register themselves under GST if their aggregate turnover is above the threshold limit. Generally, the GST registration is compulsory only if the aggregate turnover of a business exceeds the threshold of Rs.40 lacs for goods (Rs.20 lacs for special category states) or Rs.20 lacs for services (Rs.10 lacs for special category states) during the financial year. However, in certain cases, mandatory registration is required even if the turnover is less than the prescribed threshold limit.

e-Way Bill Portal : Create Registered Client/Supplier Masters

Posted on by Maharshi Shah

The e-Way Bill (EWB) Portal provides its users with the option to manage their products, clients, suppliers, and transporters. Hence, this can be done by creating product masters, registered client/suppliers masters, unregistered client/supplier masters and transporter masters on the system. Therefore, creating masters for the clients would mean that the user wouldn’t have to enter the entire name but just the first few characters. Thus, a drop-down list will be shown with the master data already entered by the user. Additionally, this simplifies the data entry process. The users can also upload the bulk data on to the system by using the JSON tools available on the EWB portal.

Steps to Create Registered Client/Supplier Master on EWB

  1. Visit the EWB portal

    Visit the e-Way Bill Portal and Log into your Account. Choose the “Clients” or “Supplier” option from the drop-down list of the “My Masters” option from the dashboard.

  2. Enter the GSTIN

    Choose the “GST Registered” option and hence, enter the GSTIN number in the respective field. Click on the “Submit” option.

  3. Enter the required details

    Therefore, the respective name of the GSTIN holder will automatically appear. Additionally, enter the “Business Place” and “Approximate Distance (in KM)” in the respective fields. Click on the “Submit” option.

The following message will appear on the screen after the submission of the Customer data.

Therefore, the registered GST user can upload the Supplier/Client Master data in the above manner.

FAQs

Can I upload the customer masters available in my system?

Yes, you can upload your customers (Clients/Suppliers) data from your own system into the e-Way Bill system. Moreover, this can be done by preparing the data as per the format in the tools option available on the e-Way Bill portal. And hence, you can upload the master data after logging in to the EWB portal.

What has to be entered in GSTIN column, if consignor or consignee is not having GSTIN?

If the consigner or consignee is an unregistered taxpayer and not having GSTIN, then the user has to enter ‘URP’ [Unregistered Person] in the corresponding GSTIN column.

www.gst.gov.in: All about the GST Portal

Posted on by Sakshi Shah

GST Portal i.e. www.gst.gov.in is the GST website of the government of India. On the GST Portal you can register for GST, file GST Returns, view input tax credit, apply for refunds, apply for cancellation, search GSTIN etc.

GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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Using GST Portal before logging into an account

Home Page

GST Number Search: Verify GST Number or GSTIN online
Enter GST number or GSTIN (GST Identification Number) and verify GST details online. GST Number or GSTIN is a unqiue 15 digit number allotted after GST Registration.
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GST Number Search: Verify GST Number or GSTIN online
Enter GST number or GSTIN (GST Identification Number) and verify GST details online. GST Number or GSTIN is a unqiue 15 digit number allotted after GST Registration.
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Services

GST Law

Here you can access the Act, Rule, Amendment, Notifications etc relating to GST Law issued by Central and/or State Government from the websites of Centre and State respectively through the links provided

Downloads

  • Offline Tools – Download the offline tools to file GST Return
  • Proposed Return Documents – Return formats of new GST Return

Search Taxpayer

  • Search by GSTIN/UIN – option to search a taxpayer using GSTIN or UIN
  • Search by PAN – option to search a taxpayer using PAN
  • Search Composition Taxpayer – option to search a taxpayer who has opted in or opted out of composition scheme. It can be searched using GSTIN/UIN or State

Help

  • System Requirements – for using GST Portal, for using DSC, for installing web socket installer
  • User Manuals, Videos and FAQs – content in form of training kits, quick videos, user manuals and FAQs to explain the GST Law and GST Compliances
  • GST Media – connects to the Youtube channel of GSTN i.e. Goods and Services Tax Network
  • Site Map – site map of the entire GST Portal
  • Grievance Redressal Portal – taxpayer can raise a complaint regarding problems faced by them while working on the GST Portal

E-Way Bill System

Information page regarding the e-way bill system under GST. Use of e-way bill, modes of generating e-way bill, contents of e-way bill, validity of e-way bill. It also provides links to visit the E-Way Bill Portal and related content.

New Return Trial

  • New Return Prototype – prototype of offline tool to file new GST Returns to allow taxpayers to learn about the new return and get feedback on it
  • Offline Tools for New Return – link to download the offline utility to file New GST Returns and instructions to use the same
  • Top Suggestions and Feedback – displays a list of top contributors who have given good suggestions and feedback

FAQs

What services are provided on GST portal?

Once the user is logged into www.gst.gov.in following are the services available to the user:

1. Application for Registration for Normal Taxpayer, ISD, Casual Dealer
2. Application for GST Practitioner
3. Opting for Composition Scheme (GST CMP-02)
4. Stock intimation for Composition Dealers (GST CMP-03)
5. Opting out of Composition Scheme (GST CMP-04)
6. Filing GST Returns
7. Payment of GST
8. Filing Table 6A of GSTR-1 (Export Refund)
9. Claim Refund of excess GST paid (RFD-01)
10. Transition Forms (TRAN-1, TRAN-2, TRAN-3)
11. Viewing E-Ledgers
12. Furnish Letter of Undertaking(LUT) (RFD-11)

Apart from the above-mentioned services, browsing notices received, filing ITC forms, and engage/disengage GST practitioner are some of the other services provided by the GST Portal/GSTN.

What are the system requirements to install the emSigner application?

A user needs the emSigner software to sign online documents on the GST Portal.
The pre-requisites for installing the emSigner are provided as below:
1. Windows 32 / 64 bit OS
2. Java 1.6 JRE 1.6.0_38+, Java 1.7, Java 1.8
3. Windows: Admin access to install the emSigner component
4. Any one of the following ports should be free- 1585, 2095, 2568, 2868, 4587

How can I recover my GST ID and password without email?

Follow these steps to recover GST ID:
1. Login to GST Portal and log in
2. Click on Forgot Username at the bottom of the page
3. Submit your GST Registration Number (GSTIN) or any Provisional ID or UIN. Click on Generate OTP
4. Enter the OTP received
5. You shall receive your User ID in your e-mail

How do I find the GST number of a company by its name?

It’s not possible to find GSTIN using the name of the taxpayer/business. It can be mainly done by either searching through GSTIN or UIN of the business or by entering the PAN of the taxpayer/business.

Methods to check GST Registration Status on GST Portal

Posted on by Maharshi Shah

Once a business makes an application for GST registration the system sends an ARN i.e. Application Reference Number to the registered email. It usually takes about 15 days for the GST officer to process the application. Using this ARN the business can check the status of GST Registration.

GST Registration means allotment of a GST number or GSTIN to the taxpayer. The GST registered taxpayer is now liable to collect and pay tax to the government after claiming the GST credit of input tax paid on purchases. To check the application status using ARN, use the below tool.

GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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Index

GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
Explore

GST Registration Status on GST Portal: Check Pre-Login

Check GST Registration Status using ARN on GST Portal

  1. Login to GST Portal

    Visit the GST Portal and login to your account using username and password.

  2. Go to Services > Registration > Track Application Status

    Navigate to Track Application Status under the tab Services.

  3. ARN i.e. Application Reference Number

    Enter ARN i.e. Application Reference Number. ARN is a 15 digit number sent on the applicant’s email when the application is submitted.

  4. Application Details

    You can view the details of the application along with its status.

  5. Status of Application

    Status of the application can be of the following types.

Status Meaning
Pending for Processing The application for registration has been successfully submitted. It will be processed by the tax officer.
Pending for Clarification Officer has examined the application. However, he requires further clarification, additional information, or documents.
Pending for Order The Application has been resubmitted by the taxpayer after the tax officer has sought clarification.
Approved Tax Officer has approved the application. GST Department will issue the GSTIN to the taxpayer.
Rejected The application has been rejected by the tax officer for a valid reason like response not received within a specified time etc.

If the status of your application for GST Registration is ‘Approved’, you can log in to your account on GST Portal using the credentials shared with you on email. Refer to the article below for steps to log in to the GST Portal for the first time.

Service Request Number (SRN) Method

After the submission of the registration application on the GST Portal, you will receive the SRN. You can track the status of the application using the SRN. Follow the steps below in order to track the application status:

  • Visit the GST Portal.
  • Go to Service > Registration > Track Application Status.
  • Choose the SRN option. Enter the SRN number that was received the on registered e-mail ID after submitting the registration application. Enter the captcha code from the image given below and click on Search.
  • The application status will appear on screen with the following details – SRN, Form No, Form Description, Date of Submission, and Status.

GST Registration Status on GST Portal: Check Post Login

The user can track the status of the application after logging into the portal using their credentials. The following are the steps to help you navigate the “Track Application Status” option post-login.

  • Login to your account on GST Portal with a valid username and password.
  • Go to Services > Registration > Track Application Status.

Application Reference Number (ARN) Method

The user can track the status of the application after logging into the portal using their credentials. To track application status using ARN (Application Reference Number), refer to these steps below.

  • Go to the GST Portal.
  • Navigate to the “Track Application Status” page, click on the ARN option.
  • Enter the ARN received after submitting the registration application.
  • Click on the search button.
  • The application status will appear on the screen.

Service Request Number (SRN) Method

After the submission of the registration application on the MCA Portal, you will receive the SRN. The following are the steps to track the application using SRN.

  • Chose the SRN option in the “Track Application Status” page.
  • Enter the SRN received via the registered e-mail address on the submission of the registration application.
  • Click on the search button. The application status will be displayed on the screen.

Submission Period

Given below are the steps to track the application status under the category of ‘Submission Period’.

  • Select the “Submission Period” option in the “Track Application Status” page.
  • Select the appropriate dates in the calendar given.
  • Click on the search option.
  • The application status will appear on the screen.

GST Registration on GST Portal: Application Status Using TRN

The Temporary Reference Number (TRN) is sent to your registered mobile number and e-mail address. TRN is messaged or mailed only after the completion of the Registration. You can track the application status by using the TRN. Follow the steps given below.

  • Visit the GST Portal.
  • Services > Registration > New Registration.
  • We move to the new registration page. Click on the Temporary Reference Number (TRN) option.
  • Enter the TRN received and select “Proceed”.
  • Enter the OTP received on the registered mobile number or e-mail address. The OTP is valid for 10 minutes.
  • We move to “My Saved Application” page. You can check the status of the application on this page.

FAQs

What are the ways to register on GST portal?

A person can register itself on the GST portal in the following ways.
1. Taxpayer
2. Tax Deductor i.e. TDS Deductor
3. Tax Collector i.e. TCS Collector
4. GST Practitioner
5. Non-Resident Taxable Person i.e NRTP
6. Casual Taxable Person i.e. CTP

Can PAN be changed after GST Registration?

No, after registration PAN (Permanent Account Number) cannot be changed. This is because GST Number or GSTIN is based on the PAN of the entity.

What are the documents required for GST Registration?

The following are the documents required for GST registration.
1. PAN Card
2. Business registration proof
3. Address proof
4. Bank account proof
5. Identity Proof, Address Proof and Photographs of the authorized person
6. Digital signature
7. Other additional documents

GST Registration Online: Process, Documents, Fees, Eligibility in India

Posted on by Nireka Dalwadi

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.

StateUp to 31/03/201901/02/2019 to 31/03/2019From 01/04/2019
Manipur, Mizoram, Nagaland, Tripura10 lacs10 lacs10 lacs
Uttarakhand, Assam, Meghalaya, Sikkim, Arunachal Pradesh10 lacs20 lacs20 lacs
Himachal Pradesh10 lacs20 lacs40 lacs
Jammu and Kashmir20 lacs20 lacs40 lacs
Puducherry, Telangana20 lacs20 lacs20 lacs
Other States20 lacs20 lacs40 lacs
StateUp to 31/03/201901/02/2019 to 31/03/2019From 01/04/2019
Manipur, Mizoram, Nagaland, Tripura10 lacs10 lacs10 lacs
Uttarakhand, Assam, Meghalaya, Sikkim, Arunachal Pradesh, Himachal Pradesh10 lacs20 lacs20 lacs
Other States20 lacs20 lacs20 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
Apply for GST Registration
Take help of an expert to apply for GST Registration online on the GST Portal
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Apply for GST Registration
Take help of an expert to apply for GST Registration online on the GST Portal
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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.

GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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GST Application Status: Track GST Number Status using ARN
GST Application Reference Number or ARN is generated after GST Registration Application. Track GST Application Status for GST Number or GSTIN using ARN.
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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

What are the ways to register on GST Portal?

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

What are the consequences of GST registration cancellation?

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.

Can I save the application for change of details in GST Registration?

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.

Can PAN be changed after GST Registration?

No, after registration PAN (Permanent Account Number) cannot be changed. This is because GSTIN is based on the PAN of the entity.

How to download GST registration certificate?

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.

How to change GST registration details?

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.

If the entire process of GST Registration is paperless, how will I sign my application?

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