Registration - TAXOVERSE

GST REGISTRATION

Under GST law, a supplier is required to obtain State-wise registration. There is no concept of a centralized registration under GST like the erstwhile service tax regimeA supplier has to obtain registration in every State/UT from where he makes a taxable supply provided his aggregate turnover exceeds a specified threshold limit. Thus, he is not required to obtain registration from a State/UT from where he makes a non-taxable supply

Since registration in GST is PAN based, once a supplier is liable to register, he has to obtain registration in each of the States/UTs in which he operates under the same PAN.

TALK TO AN EXPERT

CALL US

STEP 1

Contact Taxoverse Experts

STEP 2

Provide necessary documents to our technical experts

STEP 3

Get your Work Done hassle-free in a cost-effective manner.

NATURE OF REGISTRATION

Under GST law, a supplier is required to obtain State-wise registration. There is no concept of a centralized registration under GST like the erstwhile service tax regime.

A supplier has to obtain registration in every State/UT from where he makes a taxable supply provided his aggregate turnover exceeds a specified threshold limit. Thus, he is not required to obtain registration from a State/UT from where he makes a non-taxable supply

Since registration in GST is PAN based, once a supplier is liable to register, he has to obtain registration in each of the States/UTs in which he operates under the same PAN.

Further, he is normally required to obtain single registration in a State/UT. However, where he has multiple places of business in a State/UT, he has the option either to get a single registration for said State/UT.

APPLICABLE THRESHOLD LIMIT

Every supplier of goods or services or both is required to obtain registration in the State or the Union territory from where he makes the taxable supply if his aggregate turnover exceeds specified threshold limit in a FY then required GST Registration –

The threshold limit for suppliers of products and/or services in Manipur, Mizoram, Nagaland, and Tripura is ’10 lakh’ (Ten lakh).
The threshold limit for suppliers of products and/or services in Arunachal Pradesh, Meghalaya, Sikkim, Uttarakhand, Pondicherry and Telangana is ’20 lakh’ (Twenty lakh).
The threshold limits of “20 lakh” for service/both goods and services providers and “40 lakh” for goods providers (Intra-State) in Assam, Himachal Pradesh, Jammu and Kashmir, and all other States.

TYPE OF GST REGISTRATION

Regular taxpayer
Taxpayers who run a business in India are eligible for registration under this category of GST. Taxpayers who register as regular taxpayers do not need to make a deposit and are given an indefinite validity period.
Payer of Composition Tax
The person must register under the GST Composition Scheme in order to become a composition tax payer. A flat GST rate is available to taxpayers registered in the Composition Scheme. The taxpayer would not be able to use the input tax credit, nevertheless.
A Temporary Taxable Person
Any taxpayer opening a seasonal stores or stall must register as a Temporary taxable person. A deposit in the amount of the GST liability must be made by the taxpayer in order to register as a temporary taxable person. The obligation must correlate with the active registration periods. The registration remains valid for the period of 3 months.
Non-Resident Taxable Person
People residing outside of India belong to the category of non-resident taxable persons. Only after obtaining registration can the taxpayers provide taxable products or services to Indian citizens. The taxpayer must submit a deposit equal to their GST liability in order to register as a non-resident taxable person. Liability must correlate with active registration periods. The registration remains valid for the period of 3 months.

COMPULSORY REGISTRATION IN CERTAIN CASES [SECTION 24]

Some persons compulsory requires GST Registration whether threshold limit cross or not –
- - Persons making any inter-State taxable supply. However, threshold limit of ` 20 lakh (` 10 lakh in case of Special Category States of Mizoram, Tripura, Manipur and Nagaland) is available in case of inter-State supply of.
  - Casual taxable persons (CTP) making taxable supply.
  - Persons who are required to pay tax under reverse charge on inward supplies received.
  - Non-resident taxable persons (NRTP) making taxable supply.
  - E-commerce: (i) Every ECO (Electronic Commerce Operator) who is required to collect tax at source under section 52, (ii) persons who supply goods and/or services, other than supplies specified under section 9(5), through such ECO who is required to collect tax at source under section 52, but threshold limit of ` 20 lakh (` 10 lakh in case of Special Category States of Mizoram, Tripura, Manipur and Nagaland) is available in case of suppliers supplying services through ECO.
  - Persons who make taxable supply of goods or services or both on behalf of other taxable persons whether as an agent or otherwise.
  - Input Service Distributor, whether or not separately registered under this Act.
  - Every person supplying online information and data base access or retrieval (OIDAR) services from a place outside India to a person in India, other than a registered person; and
  - Persons who are required to pay tax under section 9(5) and
  - Such other person or class of persons as may be notified by the Government on the recommendations of the Council.

PERSON NOT LIABLE FOR REGISTRATION

Person who is only involved in providing commodities or services, both of which are not subject to tax, or fully exempt from tax.
Agriculturists are only able to supply food that is grown on their own land.
Those who solely manufacture reverse charge supplies.
Persons providing up to 20 lakh taxable services between States.
Person making interstate taxable supplies of notified handcrafted goods up to 20 lakhs.

DOCUMENTS REQUIRED FOR GST REGISTRATION:

For Individual OR Proprietor:

PAN Card
Aadhar Card (Aadhar must be link with Mobile No.)
Photo (In JPEG Format, Size-100 KB)
Bank Account details
Address Proof (Electricity Bill / Rent Agreement and other documents)

LLP And Partnership Firms:

All Partners’ PAN Cards
A Copy of Partnership Agreement
Photograph of Each Partner and Any Other Authorized Signatures (In JPEG Format, Size – 100 KB)
Address Proof of Partners
Aadhar Card of Authorized Signatory
Proof of Appointment of Authorized Signatory
LLP’S – Registration Certificate or Board Resolution
Bank Account details
Address Proof (Electricity Bill / Rent Agreement and other documents) of Registered Business Offic

HUF:

- PAN Card for HUF
- PAN Card for Karta
- Aadhar Card
- Karta’s Photo (In JPEG Format, 100 KB in Size)
- Bank Account Details
- Address Proof (Electricity Bill / Rent Agreement and other documents)

FAQs FOR GST REGISTRATION:

Q1. Who Is Eligible For GST Registration?

Suppliers of goods who supply through such e-commerce operator who are liable to collect tax at source. Persons supplying services through e-commerce operators need not take compulsory registration and are entitled to avail the threshold exemption of Rs. 20 Lakh as per Notification No.

Q2. What Are The 3 Types Of GST Registration?

Types of GST Registration

Compulsory Registration. Under certain situations, the dealer must take Compulsory Registration under GST irrespective of the turnover.
Voluntary Registration.
Registration under Composition Scheme.

Q3. What Is The Minimum Limit For GST Registration?

A business whose aggregate turnover in a financial year exceeds Rs 20 lakhs has to mandatorily register under Goods and Services Tax. This limit is set at Rs 10 lakhs for North Eastern and hilly states flagged as special category states. Also, the definition of taxable turnover has been changed to aggregate turnover.

Q4. Is GST Mandatory?

Yes, you are required to obtain GST registration once your turnover exceeds the specified threshold limits.

Q5. Who Should File GST Return?

GST returns must be filed by every business unit whose turnover exceeds 20 or 40 lakh (Optional) annually. Taxpayers are also supposed to go through various eligibility criteria for different slabs.

Q6. What Is Annual Return In GST?

As per Rule 80 of the CGST Rules, 2017, every registered person liable to file Annual Return for every financial year is required to file the same on or before the 31st December of next financial year. Accordingly, the last date of filing Annual Return for FY 2021-22 is 31st December, 2022.