GST Registration: Meaning, Eligibility, Documents, Process and Exemption

GST Registration: Meaning, Eligibility, Documents, Process and Exemption. Online GST Registration has made the task of Taxpayers as well as the Professionals very easy. Even a person with moderate knowledge of tax implications can get his business registered easily, in addition it’s a win-win situations for the Professional's as well. But the question arises what makes the registration of this jumbo tax so easy and efficient? Well; there are many factors contributing to it. Here we discuss the eligibility, procedure and the documentation required for GST registration through the government online portal www.gst.gov.in
 
Eligibility for GST Registration / Who should register for GST

Individuals registered under the Excise, VAT, Service Tax etc.

Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)

Non-Resident Taxable person and Casual taxable person shorty known as NRTP/CTP.

Input service distributor

Agent of a supplier.

Those paying tax under Reverse charge mechanism

Person who supplies via e-commerce aggregator

Every e-commerce aggregator

Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.

Documentation required for GST Registration

Aadhar card

PAN card of the applicant

Proof of business registration or Incorporation certificate

Identity and Address proof of Promoters/Director with Photographs

Address proof of the place of business

Bank Account statement/Cancelled cheque

Digital Signature Certificate (DSC)

Letter of Authorization/Board Resolution for Authorized Signatory.

Process of GST registration

Step 1: Login to GST Portal

Step 2: Generate a TRN through OTP

Step 3: Verify OTP and Generate TRN

Step 4: TRN Generation completed

Step 5: TRN Login

Step 6: Submission of Business information

Step 7: Submission of Promoter information

Step 8: Submission of Authorised Signatory Information

Step 9: Principal Place of Business-related information

Step 10: Additional Place of Business if any such branch or any other office

Step 11: Detail naming of Goods and Services information

Step 12: Bank Account information shall be stated

Step 13: Verification of the GST application

Step 14: Generation of unique ARN on portal

Step 15: Allotment of GST Number

Exemptions from GST Registration
The taxpayers who are exempted from GST Registration are:

Person indulging in agricultural activities

Persons falling under the threshold exemption

Person who are making nil rated or exempt supplies of goods and services

Persons who are making non-taxable/ non-GST supplies of goods and services

Activities that are neither Supply of Goods neither Services

Supplies under reverse charge mechanism

How Compliance Calendar can help?
The Goods and Services Tax (GST) Registration services at Compliance Calendar help you to get your business GST registered and obtain your GSTIN easily. Compliance Calendar GST experts will guide you on the applicability and compliances under GST for your business and get your business registered under GST:

Our GST expert will reach to you and understand your business, the place or the state where the business is operating.

The documents required are collected by the GST expert.

Once the payment is initiated, we start with the registration process.

We are always up for any sort of grievances regarding registration process.

You obtain the GST registration within 2 to 6 working days. Physical presence shall not be compulsive as the task would be done online.

If you have any questions on GST Registration or its Compliance, email us at info@ccoffice.in or WhatsApp/Call at 9988424211 and our team will get back to you.

Online GST Registration has made the task of Taxpayers as well as the Professionals very easy. Even a person with moderate knowledge of tax implications can get his business registered easily, in addition it’s a win-win situations for the Professional's as well. But the question arises what makes the registration of this jumbo tax so easy and efficient? Well; there are many factors contributing to it. Here we discuss the eligibility, procedure and the documentation required for GST registration through the government online portal www.gst.gov.in

Eligibility for GST Registration / Who should register for GST

Individuals registered under the Excise, VAT, Service Tax etc.
Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
Non-Resident Taxable person and Casual taxable person shorty known as NRTP/CTP.
Input service distributor
Agent of a supplier.
Those paying tax under Reverse charge mechanism
Person who supplies via e-commerce aggregator
Every e-commerce aggregator
Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.

Documentation required for GST Registration

Aadhar card
PAN card of the applicant
Proof of business registration or Incorporation certificate
Identity and Address proof of Promoters/Director with Photographs
Address proof of the place of business
Bank Account statement/Cancelled cheque
Digital Signature Certificate (DSC)
Letter of Authorization/Board Resolution for Authorized Signatory.

Process of GST registration

Step 1: Login to GST Portal
Step 2: Generate a TRN through OTP
Step 3: Verify OTP and Generate TRN
Step 4: TRN Generation completed
Step 5: TRN Login
Step 6: Submission of Business information
Step 7: Submission of Promoter information
Step 8: Submission of Authorised Signatory Information
Step 9: Principal Place of Business-related information
Step 10: Additional Place of Business if any such branch or any other office
Step 11: Detail naming of Goods and Services information
Step 12: Bank Account information shall be stated
Step 13: Verification of the GST application
Step 14: Generation of unique ARN on portal
Step 15: Allotment of GST Number

Exemptions from GST Registration

The taxpayers who are exempted from GST Registration are:

Person indulging in agricultural activities
Persons falling under the threshold exemption
Person who are making nil rated or exempt supplies of goods and services
Persons who are making non-taxable/ non-GST supplies of goods and services
Activities that are neither Supply of Goods neither Services
Supplies under reverse charge mechanism

How Compliance Calendar can help?

The Goods and Services Tax (GST) Registration services at Compliance Calendar help you to get your business GST registered and obtain your GSTIN easily. Compliance Calendar GST experts will guide you on the applicability and compliances under GST for your business and get your business registered under GST:

Our GST expert will reach to you and understand your business, the place or the state where the business is operating.
The documents required are collected by the GST expert.
Once the payment is initiated, we start with the registration process.
We are always up for any sort of grievances regarding registration process.
You obtain the GST registration within 2 to 6 working days. Physical presence shall not be compulsive as the task would be done online.

If you have any questions on GST Registration or its Compliance, email us at info@ccoffice.in or WhatsApp/Call at 9988424211 and our team will get back to you.

GST Registration: Meaning, Eligibility, Documents, Process and Exemption

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