Overview of GST Registration

With a view to abolish several other indirect taxes and to create a single taxation system, GST was introduced in India. Also, GST helps in the ease of collection and to enhance the efficiency of the process.

GST Registration is required for the businesses whose turnover gets over Rs. 40 lakhs* for sale of goods (Rs 20 lakhs for North Eastern – All hilly states for sale of goods). There has been no change in the threshold limits for service providers. Persons providing services need to register if their aggregate turnover exceeds Rs.20 lakh (for normal category states) and Rs.10 lakh (for special category states).

What are the Eligibility Criteria for GST Registration?

The below mention person/entities are required to get registered under GST -

• Any business entity whose aggregate turnover in a financial year exceeds Rs 40 lakhs (Rs 20 lakhs for special category states in GST).

• Note-This clause does not apply if the entity is only dealing in supply of goods/services which are exempt under GST,

• Every entity who is registered under an earlier law of taxation (i.e., Excise, VAT, Service Tax, etc.) needs to get register under Goods and Service Tax.

• Any entity or supplier dealing in inter-state supply of goods.

• Casual taxable person

• A tax-payer under the reverse charge mechanism

• Input service distributor and its agent

• E-Commerce operator or aggregator*

• Non-Resident taxable person

• Agents of a supplier

• A Person who supplies through E-commerce aggregator.

• Entities who are providing online information, acquiring database, or retrieval services from a place located outside India to a person in India, other than a registered taxable person.

What Documents are Required for GST Registration?

The documents required for the Online GST Registration varies with the type of business. The lists of documents required for GST Registration (based on the type of business) are listed below:-

For A Sole Proprietorship Business

• PAN card of the owner

• Aadhar card of the owner

• Photograph of the owner (in JPEG format, maximum size – 100 KB)

• Bank account details*

• Address proof**

For A Partnership Firm

• PAN card of all partners (including managing partner and authorized signatory)

• Copy of partnership deed

• Photograph of all partners and authorised signatories (in JPEG format, maximum size – 100 KB)

• Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.)

• Aadhar card of authorised signatory

• Proof of appointment of authorized signatory

• In the case of LLP, registration certificate / Board resolution of LLP

• Bank account details*

• Address proof of principal place of business**

For A HUF

• PAN Card of HUF and the Passport size Photograph of the Karta.

• Id and Address Proof of Karta and Address proof of the place of business.

• Bank Account Details

For A Public Or Private Limited Company

• Pan card of the Company

• Certificate of incorporation of Company

• MOA and AOA of the company.

• Identity Proof and address proof of all directors and Authorised signatory of the Company.

• Passport size photograph of the directors and authorized signatory.

• Copy of Board resolution passed for appointing authorized signatory.

• Details of Bank account opening.

• Address proof of the place of business.