Online GST Registration Process in India - PowerPoint PPT Presentation

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Online GST Registration Process in India

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Who needs to register for GST? - Online Registration, Eligibility, Registration Process on the Government Portal. – PowerPoint PPT presentation

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Title: Online GST Registration Process in India


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Online GST Registration Process in India
  • https//www.imprezz.in/ Imprezz

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GST, or Goods and Service Tax, has replaced
various other forms of indirect taxes and has
simplified Indias taxation system. If you are a
trader, business person, or entity having a
turnover more than the defined limit, you need to
register for GST. If you are a taxable person,
you cannot carry on your business activities
without a GST registration.
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What is GST Registration? GST or Goods and
Service Tax is an indirect tax levied on the
supply of goods and services. It has replaced the
old VAT and service tax system. If you want to
avail all the GST benefits (Goods and Service
Tax), you need to register for GST. Any business
whose turnover is more than Rs 40 lakhs (Rs 10
lakhs for hill state and North Eastern states)
needs to register as a taxable person under the
GST law. Some businesses must register for GST.
If the business carries without registering under
the GST, it will be considered an offense, and
heavy penalties will apply to that business. You
will also not avail of any benefits
mentioned under the GST law if you do not
register.
How Much Time is Required in the GST Registration
Process? It usually takes 2-6 working days to
complete the GST registration process.
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  • Who Needs to Register for GST?
  • Following people needs to register for the GST
  • All individuals registered under the Pre-GST law,
    i.e., Excise, VAT, Service Tax, etc.)
  • All the businesses whose turnover exceeds Rs 40
    lakhs (Rs 10 lakhs for NE states, JK, Himachal
    Pradesh, and Uttarakhand)
  • A taxable person or a non-resident taxable
    person.
  • Input service distributor or an agent of
    supplier.
  • Individuals who use e-commerce aggregators to
    supply goods and services.
  • Individuals who supply online information and
    access to databases from a place in India or
    outside India.

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  • GST Registration Process
  • You can register online for the GST through the
    portal maintained by the Central Govt. of India.
    Here are the steps that you need to follow for
    the new GST registration
  • The applicant needs to log on to the GST
    registration portal,
  • Go to the menu option. Select services and choose
    registration.
  • To start the Part A of the GST registration
    process, click New registration.
  • You will be redirected to a page where you need
    to select your status. Select whether you are a
    GST practitioner or a taxpayer.
  • A form will appear on the screen where you need
    to fill in the details like the businesss legal
    name, mobile number, email id, PAN card details,
    etc.
  • Submit the form. After successful submission, it
    will take you to a verification page. Enter OTP
    and click Proceed.
  • After the verification process, you will receive
    a temporary reference number that you will need
    to use in Part-B of the registration process.

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  • Next, you need to enter the code (temporary
    number) and the Captcha code to start the Part-B
    process.
  • It will take you to a new page, and you can find
    your previous application on a separate tab. You
    need to enter the details like business details,
    authorized sign, details of promoters or
    partners, authorized representative, location of
    the business (principal place), additional place
    (of the business operation), bank account
    details, state-specific information, and
    verification, and good and services. You need to
    enter all these details and then click on Save
    Continue to proceed to the next step.
  • In the next step, you need to upload a few
    documents and fill in the bank account details.
  • Then, you need to put your digital signature to
    complete your application process. If you are a
    company or LLPs, you can use only Digital Sign
    certificates.
  • After this, click on Submit, and all the
    details you mentioned will be updated and saved.
  • It will take you to the 2nd step of verification,
    where you need to sign in from a pop-up window.
  • Once you do, your application will be submitted,
    and a message/acknowledgment in the form of a
    reference number will be sent to your registered
    email and mobile number.

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  • GST Registration Required Documents 
  • You need the following documents for the GST
    registration
  • PAN card of the applicant or business.
  • Proof of business registration. (If you are a
    sole proprietor, you dont need to submit the
    document. If you have a partnership firm, you
    need to submit a partnership deed.)
  • Address proof

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  • You can submit any of the following as address
    proof for your GST registration process
  • The documents issued by the govt. for SEZs
    (Special Economic Zones)
  • Rent agreement of the business space (if you use
    the rented property)
  • The property tax receipt/ electricity
    bill/municipal khata copy, if you own the
    business property.
  • Identity proof of the business owners, i.e.,
    every partner needs to submit a copy of the
    aadhar card, PAN card, voter ID, ration card,
    etc.
  • Bank account statement
  • You need to submit a canceled cheque or the
    scanned copy of the first page of the companys
    accounts passbook.
  • Once you submit all the documents, a GST
    personnel in charge of the verification process
    will verify all the details you provided. After
    reviewing all the details, the person will either
    approve your application or reject your
    application based on incomplete information or an
    error in the application process. At this stage,
    if you want, you can validate the information
    until the clearance.

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What If You Do Not Register or Pay GST? If a
taxable person does not register and pay GST, the
person needs to pay a penalty of 10 of the
taxable amount, subject to a minimum of Rs
10,000. In case the person has registered and
deliberately withholds the GST payment, the
person needs to pay a penalty of 100 on the
taxable amount.
Conclusion There are various online GST billing
software that can help you to simplify your GST
filing process. One such software is Imprezz.
With imprezz, you can create high-quality GST
e-invoices in just a few clicks. We offer 14
days of free GST billing software trail for small
businesses in India. Login to get started!
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Contact US
Email - info_at_imprezz.in
  • Sign up Today
  • https//www.imprezz.in/
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