GST Registration

GST Registration

Who all need GST Registration?

The registration in GST is PAN based and State specific. Supplier has to register in each such State or Union territory from where he effects supply if he fulfills any of the following conditions:

  1. Having an annual aggregate turnover from all-India operations which is above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for North-Eastern States).
  2. Having branches in multiple states or multiple business verticals in one state.
  3. aking any supply to other states.
  4. Required to pay tax under Reverse Charge (In case your supplier is not registered under GST).
  5. Required to deduct tax at source or an Input Service Distributor.
  6. Agents of a supplier.
  7. Supplying goods or services through E-commerce Operator.
  8. E-commerce Operator / Aggregator who supplies goods or services under his brand name (e.g. Flipkart, Amazon, Ola).
  9. Supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.

Benefits of Registration under GST

GST Registration will give the following advantages to a taxpayer.

  • He is authorized to collect taxes from his customers and pass on the credit of the taxes paid to them.
  • He can claim Input Tax Credit of taxes paid to his suppliers and can utilize the same for payment of taxes due
  • Seamless flow of Input Tax Credit from suppliers to recipients at the national level.

GST Registration Process (on Government Portal)

GST Registration will give the following advantages to a taxpayer.

  • Go to the Government GST Portal and look for Registration Tab.
  • Fill PAN, Mobile No., E-mail ID and State in Part-A of Form GST REG-01 of GST Registration.
  • You will receive a temporary reference number on your Mobile and via E-mail after OTP verification.
  • You will then need to fill Part-B of Form GST REG-01 duly signed (by DSC or EVC) and upload the required documents specified according to the business type.
  • An acknowledgment will be generated in Form GST REG-02.
  • In case of any information sought from you and intimated to you in Form GST REG-03, you may need to visit the department and clarify or produce the documents within 7 working days in Form GST REG-04.
  • The office may also reject your application if they find any errors. You will be informed about this in Form GST REG-05.
  • inally, a certificate of registration in Finally, a certificate of registration will be issued to you by the department after verification and approval in Form GST REG-06.

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