Good and Services Tax Registration

GST Registration is a process by which a taxpayer gets himself registered under GST. Once a business is successfully registered, a unique registration number is assigned to them known as the Goods and Services Tax Identification Number (GSTIN). This is a 15-digit number assigned by the central government after the taxpayers obtain registration. If you are operating from more than one state, then you will have to take separate registration for each state you are operating from. 

Eligibility to register under GST

All the businesses supplying goods whose turnover exceeds Rs 40 lakh in a financial year are required to register as a normal taxable person. However, the threshold limit is Rs 10 lakh if you have a business in north-eastern states, Jammu & Kashmir, Himachal Pradesh, and Uttarakhand. The turnover limit is Rs 20 lakh, and in case of special category States, Rs 10 lakh, for the service providers. 

Also, here is the list of certain businesses for which GST registration is mandatory irrespective of their turnover: 

  • Casual taxable person / Input Service Distributor (ISD)
  • Non-resident taxable person
  • Inter-state supplier of goods and services
  • Supplier of goods through an e-commerce portal 
  • Any service provider
  • Liable to pay tax under the reverse charge mechanism.
  • TDS/TCS Deductor
  • Online data access or retrieval service provider

Below are the list of documents that you will need for registering your business under GST: 

  • Permanent Account Number (PAN) of the applicant
  • Copy of the Aadhar card of all key persons.
  • Proof of business registration or incorporation certificate
  • Identity and address proof of key persons with a photograph
  • Bank account statement/cancelled cheque.
  • Authorisation letter/board resolution for authorised signatory
  • Digital signatures