The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. GST is a comprehensive tax that subsumes all indirect taxes like service tax, excise duty, and value-added tax (VAT). GST registration is mandatory for businesses that have a turnover of more than Rs. 40 lakhs (Rs. 10 lakhs for Northeastern and hilly states). In this article, we have provided a step-by-step guide for GST registration online in India.
The first step in the GST registration process is to visit the GST portal (www.gst.gov.in). On the homepage, click on the “Services” tab and select “Registration” from the drop-down menu.
In Part-A of the GST registration application, you need to provide details like your legal name of the business, permanent account number (PAN), email address, and mobile number. After filling in the details, click on “Proceed” to get the one-time password (OTP) on your mobile number and email address.
After filling in Part-A of the GST registration application, you need to fill in Part-B of the application form. Following are the steps to fill in Part-B of the GST registration application:
You need to upload the required documents like the proof of business registration, proof of address, and bank account details.
In this step, you need to enter the business details like the nature of the business, the date of commencement of business, and the details of the authorized signatory.
In this step, you need to verify the details entered in Part-A and Part-B of the GST registration application. You can either verify the details yourself or authorize a chartered accountant or a company secretary to verify the details on your behalf.
After verifying the details, you need to submit the GST registration application. Once the application is submitted, you will receive an acknowledgement number on your registered email address and mobile number.
After submitting the GST registration application, it will be verified by the GST officer. If the GST officer finds any discrepancies in the application, he will ask for additional information or documents. Once the GST officer is satisfied with the application, he will approve the GST registration application.
After the GST registration application is approved, the GST officer will issue the GST registration certificate. The GST registration certificate contains the GSTIN (Goods and Services Tax Identification Number) and other details like the legal name of the business, the trade name, and the address of the business.
GST registration is mandatory for businesses that have a turnover of more than Rs. 40 lakhs (Rs. 10 lakhs for Northeastern and hilly states). In this article, we have provided a step-by-step guide for GST registration online in India. We hope that this guide will help you in registering for GST in India.
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