All You Need to Know About GST Online Registration

‘'One Nation, One Tax'', Goods and Services Tax (GST) has unified the Indian market under one roof by subsuming multiple indirect taxes levied in each state across the country. It is now mandatory for every business to be registered under GST taxation.

All existing Central Excise Service Taxes assesses need to migrate to GST by enrolling on the GST portal.

Businesspersons having the turnover of more than 20 lakhs (10 Lakhs for northern states) must enroll under GST.

If you do not know how to proceed with GST online registration, please read on to know the details.

GST Online Registration Procedure

1.    All eligible assesses are provided with a provisional ID and password by the Central Board of Excise and customs. Log on to gst.gov.in and click on registration as taxpayer or GST practitioner, depending on your category.

2.    Next, fill up your basic details on Form A.  This will contain details like legal name of your business, PAN, Email ID and mobile number.

3.    You will now get a one-time password to your registered mobile number. Enter the OTP and you will be guided to the Form B.

4.    Fill the form B and attach the required documents along with it. The details will include the name of your business, jurisdiction, date of commencement of business and turnover, liability etc.

5.    After having filled up Form A and B, a GST officer will examine your application and verify the documents and ask for more documents if necessary. If your application is approved, you will receive the GST registration certificate.

Documents Required for the Registration

•    Your business PAN Card

•    Copy of bank statement

•    Memorandum of Association (MOA)/ Articles of Association (AOA)

•    Registrar of Companies (ROC) for the company

•    Declaration statement of compliance

A person with multiple business verticals needs to obtain separate GST registration for each of them. Registering under GST will allow you claim input tax credit. As all business verticals are registered under GST, it will be difficult to run the business without registration.