GST Registration
Single tax registration as all taxes comprised under GST
What is GST Registration?
Under any taxation law, registration is the most fundamental requirement. A supplier of any goods or services needs to get registered under GST as per the applicable criterion. Under GST, without registration a person can neither collect tax from his customers nor can he claim credit for the tax paid by him. Registration under GST is State-wise and it is PAN based.
Who are required to be registered under GST?
The answer to this question depends on the aggregate turnover of the supplier of goods or services in a financial year. Every supplier whose aggregate turnover in a Financial year exceeds Rs 20 lakh is liable to be registered under GST. However, the limit of Rs 20 lakh will be reduced to Rs 10 lakh if the person is supplying goods or services in a Special Category States.
Further, Notification No. 10/2019 exempts any person who is engaged exclusively in supply of goods (i.e. not providing any services) having aggregate turnover in the financial year upto Rs 40 lakh from registration requirement i.e. such persons are not liable to be registered even if their aggregate turnover exceeds Rs 20 lakh or Rs 10 lakh.
| Threshold Limit for persons engaged | ||||
| Exclusively in supply of goods | In supply of services/ both goods & sevices | |||
| States other than Special Category States | Puducherry | 20 lakh | 20 lakh | |
| Telangana | 20 lakh | 20 lakh | ||
| Others | 40 lakh | 20 lakh | ||
| Special Category States as per Constitution | Special Category States as per Section 22 | Manipur | 10 lakh | 10 lakh |
| Mizoram | 10 lakh | 10 lakh | ||
| Nagaland | 10 lakh | 10 lakh | ||
| Tripura | 10 lakh | 10 lakh | ||
| Others | Jammu & Kashmir | 40 lakh | 20 lakh | |
| Assam | 40 lakh | 20 lakh | ||
| Himachal Pradesh | 40 lakh | 20 lakh | ||
| Arunachal Pradesh | 20 lakh | 20 lakh | ||
| Meghalaya | 20 lakh | 20 lakh | ||
| Sikkim | 20 lakh | 20 lakh | ||
| Uttarakhand | 20 lakh | 20 lakh | ||
All the above thresholds can be summarized in the following table :-
Form for GST Registration :-
GST REG-01 has to be filed to obtain GST Registration. GST Registration Certificate shall be issued in Form GST REG-06. Application for Registration as Tax Deductor or Tax Collector under GST needs to be filed in Form GST REG-07. Application for Registration of Non Resident Taxable Person has to be made in GST REG-09.
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Benefits of GST Registration
Legal Recognition
The person getting registration under GST will be legally recognized as a supplier of goods or services.One will be legally authorized to collect tax from their customers.
Credit Availability
One can avail credit of the GST paid on goods or services and can pass on the privilege of credit of the taxes paid on the goods or services supplied to their buyers without breaking the supply chain.
Interstate Transaction
Only a registered person can sell its goods or services to other states. GST registration is mandatory to widen and for the growth of business in other states and to increase the profit.
Transparency
With the registration under GST, the person has to file the returns for the transactions undertaken. Hence, it increases the transparency of the business results in trust-building into customers.
Required Documents for GST Registration
Documents required for GST registration
| Individuals & Sole Proprietors | Partnership Firms & LLPs |
| Owner’s PAN Card | Partnership deed |
| Owner’s Adhar Card | PAN of the firm |
| Owner’s Photograph | PAN cards of partners |
| Proof of Address | Photographs of partners |
| Bank details(not mandatory at the time of registration) | Address proof of partners |
| COI of LLP or Registration certificate of Partnership Firm(if any) | |
| Business’ principal address proof | |
| Bank details (not mandatory at the time of registration) |
| Companies | HUF |
| Company PAN card | HUF’s PAN card |
| COI (Certificate of Incorporation) | Karta’s (patriarch of family) PAN card |
| PAN card of all directors | Karta’s photograph |
| Photographs of all directors | Business’ principal address proof |
| Address proof of all directors | Bank details (not mandatory at the time of registration) |
| Business’ principal address proof |
Process of Registration
GST Registration process is uniform all over the country. The format is standard. Strict timelines have been stipulated for completion of different stages of GST Registration. There is State-wise registration under GST i.e. separate Registration for each State.
A person has to apply for GST Registration within 30 days from the date on which he becomes liable for GST Registration in GST REG-01. The Registration certificate will be issued by proper officer after checking all the submitted documents (as mentioned above) along with the application in Form REG-06.
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GST Registration
All the person registered under GST have been assigned a unique GST Identification number known as GSTIN. It is a 15-digit alpha-numeric unique code.
Under GST, all goods & services have been classified. Goods are classified under HSN Code & Services are classified under SAC Code.
No paper based application will be accepted under the GST Regime. Mandatory to e-sign using DSC or Aadhar.
If the person makes an application for registration within 30 days from the date on which he becomes liable for registration then effective date would be the date when he becomes liable. If he applies after 30 days, then effective date would be the date of grant of registration.
Yes, the person can apply for voluntary registration and all the provisions of the Act will apply to him.
Yes the registration is permanent unless surrendered, cancelled, revoked or suspended.
No, there will be only one registration for CGST, SGST and IGST.
Aggregate turnover includes the aggregate value of :- all taxable supplies, all exempt supplies, export of goods or services & all inter-state supplies. It is calculated on all India basis and excludes the taxes charged under the GST Acts.
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