GST Registration

GST registration, also called GST enrollment, is the process through which businesses register under GST (Goods and Services Tax). It is mandatory for businesses with a turnover exceeding the threshold limit. On completion of the GST registration process, the business is assigned a unique, 15-digit GST identification number.

Why Register for GST?

GST registration is mandatory for:

• Businesses with an annual turnover exceeding Rs. 40 lakhs (Rs. 20 lakhs for special category states)
• Inter-state suppliers of goods, irrespective of turnover
• E-commerce operators and suppliers through e-commerce platforms
• Casual taxable persons and non-resident taxable persons

Benefits of GST Registration

1. Legal Entity Status: GST registration provides legal recognition to your business
2. Input Tax Credit: Registered businesses can claim ITC on purchases
3. Wider Market Access: Ability to conduct business across India
4. Competitive Edge: Registered businesses are preferred by larger companies
5. Export Capabilities: Can claim refunds on exports and participate in international trade

Documents Required for GST Registration

• PAN of the business and proprietor/partners/directors
• Aadhaar card of the proprietor/partners/directors
• Business registration documents (Partnership deed, MOA, AOA etc.)
• Bank account details of the business
• Digital photographs of the proprietor/partners/directors
• Address proof of the business premises
• Utility bills not older than 2 months

GST Registration Process

1. Submit application with necessary documents
2. Verification of documents by tax authorities
3. Site verification (if required)
4. Issuance of GST identification number

Post-Registration Compliance

After obtaining GST registration, businesses must:

• File regular GST returns
• Maintain proper books of accounts
• Issue GST compliant invoices
• Collect and remit GST on sales