GST (Goods and Services Tax) registration is mandatory for businesses in India that meet certain criteria.
GST REGISTRATION
Here’s a step-by-step guide on how to register for GST in India:
1. Determine Eligibility: Check if your business meets the criteria for GST registration. Businesses with an annual turnover exceeding the threshold limit, which varies based on the nature of the business and the state of operation, are required to register for GST.
2. Gather Documents: Collect the necessary documents for GST registration, which typically include the following:
⦁ PAN (Permanent Account Number) of the business or the proprietor/partners/directors
⦁ Aadhaar card or any other proof of identity of the proprietor/partners/directors
⦁ Proof of address of the place of business (such as electricity bill, rent agreement, or property documents)
⦁ Bank account details (including a canceled cheque or bank statement)
⦁ Digital signature (required for certain businesses and types of entities)
3. Online Registration: Visit the official GST portal (https://www.gst.gov.in) and select the “Services” tab, followed by “Registration” and then “New Registration.” Fill in the necessary details in the registration application form (Form GST REG-01).
4. Provide Business Details: Enter the required information about your business, including the legal name, trade name (if any), PAN, and contact details. Provide details about the nature of your business, such as whether it is a proprietorship, partnership, or company.
5. Verify Mobile Number and Email Address: Enter the mobile number and email address of the authorized signatory. You will receive an OTP (one-time password) on the provided mobile number and email for verification purposes.
6. Submit Application and Supporting Documents: Upload the required documents as mentioned in Step 2. The documents should be scanned copies in PDF or JPEG format, within the specified file size limits.
7.Verification and ARN Generation: After submitting the application, the portal will generate an Application Reference Number (ARN). The ARN can be used to track the status of the application.
8. Application Processing: The GST officer will review the application and may seek additional information or documents, if required. Once the application is approved, a GST registration certificate (Form GST REG-06) will be issued.
9.Display GSTIN: Upon receiving the GST registration certificate, display the assigned Goods and Services Tax Identification Number (GSTIN) at your place of business and on all relevant business documents.
10.Post-Registration Compliance: After obtaining GST registration, comply with various GST regulations, such as filing regular GST returns, maintaining proper books of accounts, and paying applicable taxes within the specified timelines.
It is advisable to consult with a tax professional or a chartered accountant for guidance throughout the GST registration process to ensure compliance and accurate filing. They can help you understand the specific requirements based on your business structure and nature of operations.
- Socially Responsible Investment
- Comprehensive Investment Plans
- Financial Planning for Business
- Tax Mitigation Strategies
Research & Analysis
Dorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore etteryu dolore magna aliqua. Ut enim ad minim veniam, quis nostrud.Dorem ipsum dolor sit amet, consecteturdolore magna aliqua. Ut enim ad minim veniam, quis nostrud.
Company Benefits
When an unknown printer took a galley of type and scrambled it to make a type specimen bookIt has survived not only five centuries, but also the leap into electronic typesettingwhen an unkngalley of type and scrambled it to make a type specimen book.
When an unknown printer took a galley of type and scrambled it to make a type specimen bookIt has survived not only five centuries, but also the leap into electronic typesettingwhen an unkngalley of type and scrambled it to make a type specimen book.
When an unknown printer took a galley of type and scrambled it to make a type specimen bookIt has survived not only five centuries, but also the leap into electronic typesettingwhen an unkngalley of type and scrambled it to make a type specimen book.
Contact Us
- 259 City Street, Newyork, NYPD
- 7373797988, 9894490625
- cagmathu@gmail.com