GST Registration in India: Documents Required, Eligibility & Registration Process

GST registration is a compulsion for businesses running in India. The registered entity is
provided with the unique GST Identification Number (GSTIN) that is utilized in GST
invoicing, GST returns, claiming the Input Tax Credit (ITC), among others.

If you are going to set up a business, offer services, sell goods online, or expand
your current business, then knowing about GST registration will prove to be helpful
for you.

What is GST Registration?

GST registration is the process of registering a business or individual under the GST system.

The successful registration results in the allotment of a 15-digit GSTIN. The GSTIN needs to
be mentioned on all relevant invoices and GST documents.

Who Needs to Register for GST?

It could be necessary to register under GST for business organizations when their GST
turnover exceeds the prescribed threshold or when they belong to some special
categories that need registration, regardless of turnover.

Examples of such categories are:

• Businesses dealing in taxable goods and/or services
• Some interstate suppliers
• E-commerce and some sellers doing their operations through e-commerce portals
• Individuals having liability for payment of tax under reverse charge provisions
• Special agents and some other individuals
• Some businesses needing registration under particular provisions of GST Act

Note: Requirements for registration under GST could differ according to nature, location
and type of business. The relevant threshold and compulsory registration provisions
need to be examined for the particular financial year.

GST Turnover Level

GST registration level does not remain constant for all taxpayers. Factors that can affect
this may include:

• If the business sells goods/services
• The state where the business operates from
• The nature of the supply
• If there is any compulsory registration requirement

Hence, it is essential for businesses to ascertain their eligibility.

Documents Needed for GST Registration

There may be variations in the documents needed depending on the structure of the business
entity.

1. Proprietorship

The general documents that will be needed include:

• PAN of the proprietor
• Aadhaar or identity/address proof
• Photograph
• Contact number and email ID
• Proof of business address
• Banking details, if any
• Details of business activities

2. Partnership Firm

Documents normally required are:

• PAN of the firm
• Identity & PAN of partners
• Partnership deed
• Photos of relevant individuals
• Proof of principal place of business
• Bank account particulars, if any
• Letter of authorisation, if any

3. LLP

Documents usually include:

• LLP PAN
• LLP incorporation/registration documents
• Designated partners’ PAN and proof of identity/address
• Business address proof
• Banking information, if any
• Authorization documents

4. Private Limited Company

These may include:

• Company’s PAN
• Certificate of Incorporation
• Directors’ PAN & Proof of Identity & Address
• Digital Signature Certificate (when applicable)
• Proof of Registered/Principal Business Address
• Details of bank account (if any)
• Authorization/Board related documents (as the case may be)

GST Registration Process

The GST registration process is usually done via the GST portal.

Step 1: Go to the GST Portal

Visit the GST portal and click on New Registration.

Step 2: Enter Basic Information

Enter the following information:

• Name of the business
• PAN
• State and District
• Email ID
• Mobile Number
• Category of the taxpayer

OTP is used for verification purposes in most cases.

Step 3: Get Temporary Reference Number

Once you have passed the initial verification step, a Temporary Reference Number (TRN)
is generated. You can use this number to proceed with the rest of the registration process.

Step 4: Fill the Form

Login using the Temporary Reference Number and provide the necessary information such as:

• Details of business
• Promoter/Director/Partner details
• Details of Principal Place of Business
• Details of Additional Place of Business
• Details of Goods and Services
• Bank details
• Details of Authorized Signatories

Step 5: Upload Required Documents

Upload the relevant documents as per the prescribed guidelines.

Step 6: Verify and Submit the Application

Perform the prescribed verification and submit the application.

Step 7: Processing of the Application

The application is then processed by the GST authorities, wherever necessary.

In case any further information or clarification is needed, a notice can be raised by the
authorities and the applicant has to answer the same in the stipulated period.

Step 8: Receipt of GSTIN

On successful approval of the application, the applicant receives GSTIN & the GST
registration certificate.

How Much Time is Required for GST Registration?

This will depend upon the following factors:

• Accuracy and completeness of the application
• Accuracy of information provided
• Verification process
• Need for further information/documents
• Processing by GST authority

Provision of accurate information and supporting documents will help minimize delays.

GSTIN Meaning

GSTIN means Goods and Service Tax Identification Number.

It is a unique 15-digit identification number given to the taxpayer.

The uses of GSTIN include the following:

• GST billing
• GST filing
• Input tax credit claim
• GST communication
• B2B transactions

Advantages of GST Registration

There could be various advantages for a business to get GST registered such as:

1. Legitimacy

A legitimate business can function as a GST registered business entity and meet

GST requirements.

2. Input Tax Credit

The registered taxpayer will get the input tax credit on fulfilling GST requirements.

3. GST Tax Invoice

The registered taxpayer can issue a GST tax invoice.

4. Business Credibility

GST registration will add to the credibility of the business while conducting
business with others.

5. Business Growth

GST registration will help business grow easily.

Common Errors in GST Registration

Applicants must try not to commit common mistakes like:

• Incorrect PAN information
• Incorrect business address
• Mistmatched business documents
• Incorrect business constitution
• Wrong HSN/SAC information
• Unclear document uploads
• Incorrect authorized signatory information
• Ignoring timely clarifications

Post-GST Registration – What Next?

GST registration doesn’t necessarily mark the conclusion of GST responsibilities.

Subject to the nature of the taxpayer, the registered entity might be required to:

• Issue GST invoices
• Keep necessary records
• File relevant GST returns
• Reconcile Input Tax Credit
• Make payment of GST within the relevant timelines
• Maintain their books and related documents
• Comply with any e-invoice requirements, if applicable
• Display GST registration information, if required

Frequently Asked Questions

Is GST registration compulsory for all businesses?

No. The requirement for GST registration is based on turnover, nature of supplies
made, and mandatory registration requirements under GST provisions.

Is GST registration possible for an individual?

Yes. GST registration is possible for individuals who operate a business entity or
make taxable supplies when GST provisions allow such registration.

Is there any fee for GST registration?

There is no fee charged by the government for registering for GST on the GST portal.
Consultants charge a separate fee for helping to register for GST.

Can GST registration be revoked?

Yes. GST registration may be revoked based on GST provisions and procedure for
revocation of GST registration.

Can GST registration be applied for online?

Yes. GST registration is done online on the GST portal.

Conclusion

GST Registration is a critical procedure for businesses that require themselves
to get registered for GST. Proper documentation and proper completion of all
the information and verification processes will aid in preventing any delays
or questions.

In case you require further clarification regarding GST registration of your
business, our Elite Tax Plus team will help you in getting registered
for GST.