This is a totally online system where starting from registration, return filing and all other things can be done online. This is done with an objective of ease of doing business.
Before Goods and Service tax was introduced dealers were required to be registered under stare value added tax laws and similarly service providers were required to get Service Tax Registration. Other than these there were various other indirect taxes imposed on different products. However, after introduction of GST all these indirect taxes are replaced by one single Goods and service Tax. This is done with an objective of simplification of taxation system in India and curbing the money laundering practices done by many.
This is a totally online system where starting from registration, return filing and all other things can be done online. This is done with an objective of ease of doing business.
Steps involved in GST Registration
Any business can apply for GST registration irrespective of its form. Applicant can be a sole proprietor, partnership firm, limited liability partnership, a registered company etc. The applicant is required to follow the following steps:
Under GST Registration process taxpayer is required to follow the following steps:
- The initial step is to open the GST Portal
- Select the ‘New Registration’ option from the Services menu.
- Fill in Part A of Form GST REG-01. Submit the form after filling in the following information;
- Nature of applicant
- Place of business
- Legal name of business
- PAN No. of the applicant
- Contact details including mobile no. and email Id
- OTP will be sent to the email Id and mobile number mentioned. Verify both the OTPs on the portal. After verification TRN will be generated.
- The applicant shall login on the portal using the TRN
- Fill in all the required information on Part B of Form GST REG-02.
- Upload scanned copies of all the required documents
- Submit the registration form and in some time Application Reference Number (ARN) will be issued. You can track the status of the application using ARN
- Once the registration form is filled and submitted it is checked by the GST officer
- If there are any issues identified by the GST officer in the application then he will communicate to the same to the applicant through an email within 3 days.
- The applicant is required to provide the documentation or verification required by the department within stipulated time period.
- If after due verification of the submissions, the officer is satisfied then GST Registration Certificate in FORM GST REG-06 will be issued to the applicant.
Documents Required in the Process of GST Registration
In case of an Individual
- A passport Size photograph
- PAN Card
- Aadhaar Card
- Bank details of the applicant( Cancelled cheque or latest bank statement)
- Registered office details.
- If it is a self owned property then copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
- If it is a Rented property then Rent agreement and copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
In case of a Firm/ Limited Liability Partnership
- Passport Size Photograph of the All partners
- Pan Card of the All partners
- Aadhaar card of the All partners
- Copy of Partnership Deed
- Bank details of the applicant( Cancelled cheque or latest bank statement)
- Registered office details.
- If it is a self owned property then copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
- If it is a Rented property then Rent agreement and copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
- Authorization letter signed by all partners to authorize one of the partner to execute all the GST related documentation on behalf of the Firm
- In Case of LLP, following are also required;
- DSC of Authorized signatory
- Certificate of incorporation issued by the MCA
In case of a Company
- Passport Size Photograph of the All Directors/Shareholders
- Pan Card of the All Directors/Shareholders
- Aadhaar card of the All Directors/Shareholders
- Bank details of the applicant( Cancelled cheque or latest bank statement)
- Registered office details.
- If it is a self owned property then copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
- If it is a Rented property then Rent agreement and copy of latest address proof ( Electricity Bill/ Broadband Bill/ Property Tax receipt etc.)
- Certificate of incorporation of the company issued by the registrar of companies
- Board Resolution issued on the letterhead of the applicant company authorizing one director of the company to execute all the GST registration related documentation on behalf of the company
- DSC of the authorized Director.
We are a Pan India Based Consultant. No matter where you are based, if you need any guidance in GST registration and Return Filing under GST you can contact our group of consultants.
Source url- http://swaritadvisors.dudaone.com/online-gst-registration-procedure
