According to the latest GST Registration Rules, the public must be registered under GST if they supply goods and services. So if you’re company has a turnover that surpasses Rs. 20 Lakh in all the states rather than north-eastern states you should apply GST Certificate. After the registration, you’ll get a GSTIN Code, which is called (Goods and Services Tax Identification Number). The Central Government issues this special code, which you will get after registration. All the important details are mentioned below in the article.

Process To Apply GST Certificate Registration

To apply GST Certificate you have to follow the basic steps:-

Part 1 – Visit to GST Portal “www.gst.gov.in/”

Part 2 – Select “New Registration” on the Registration Page

Part 3 – Add needed details like “Company/business name, PAN no., Email Address, Mobile no.

Part 4 – Make a Username and Password 

Part 5 – After this, you’ll get OTP; enter it

Part 6 – Add business details, including “PAN no., Proof of Company (partnership deed, Incorporation certificate), Company place proof (Bills, Rental Agreements), and Bank Account Details.

Part 7 –  Verify all the details; you can perform it by Digital Signature Certificate (DSC), E- Signature, or Electronic Verification Code (EVC).

Part 8 – You will get the Application Recieve Number (ARN) by SMS OR E-Mail.

Part 9 – Once your application is approved, you’ll get GSTIN (Goods and Services Identification Number plus GST certificate.

Note – If the department needs any other document, then they will reach out. Prepare all the papers before to avoid any delay, and the given details should be accurate. You can download GST Certificate online.

Complete Documents List for GST Certificate Registration

Here is the list of documents you will need to apply GST Certificate:-

S.NoDocument CategoryPersonalBusinessFor All
1.Business ProofPAN/AadharRelevant Registration Docuements                  –
2.Address Proof            –        –Ownership Documents/Rent Agreement/Proof from Landlord
3.Bank Account Details            –        –Bank Passbook or Statement
4.Signatory Details            –        –PAN & Aadhar Card
5.Proof of Authorization          –        –Letter of Autgorization & Authorized Signatory
6.Photograph          –        –Passport Size
7.Others          –        –Other documents, if asked/ other certificates and license

Benefits of GST Registration

Businesses in India make a profit from registering for a GST certificate. For starters, it enables firms to collect and pay GST on products and services supplied, providing for smooth compliance with tax rules. This streamlines the taxing process by minimizing the burden of several indirect taxes such as VAT, excise duty, and service tax. 

Additionally, GST registration boosts a company’s reputation in the eyes of suppliers, consumers, and financial institutions by indicating compliance with legal requirements. Furthermore, registered enterprises can claim input tax credits, which serve to reduce total tax liabilities. GST registration also improves interstate trade by eliminating the need for separate registrations in each state, making conducting business easier. 

Furthermore, registered enterprises have access to a variety of government initiatives and advantages, which promote expansion potential. Overall, acquiring a GST certificate not only assures tax compliance but also streamlines corporate processes and increases market competitiveness.

What are the Eligibility Criteria for GST Certificate Registration?

It’s based on several factors that be considered before applying for a GST Certificate, so read all the reasons:-

Turnover Limit 

  • INR 40 lakhs for enterprises that supply commodities (INR 20 lakhs for special category states).
  • INR 20 lakhs for firms that provide services (INR 10 lakhs for special category states).

Compulsory Registration 

  • Inter-state suppliers.
  • E-commerce operators.
  • Businesses are liable to pay tax under the reverse charge mechanism.
  • Non-resident taxable persons.
  • Input service distributors.
  • Casual taxable persons.

Other Criteria

  • Businesses that offer products or services that are not excluded from GST are needed to register.
  • Entities importing or exporting commodities or services.
  • Individuals or companies who are required to deduct or collect tax at source (TDS).

FAQ

What is the Full Form of GST?

GST full form is “Goods and Services Tax”

Can We Get Back the Cancelled GST Registration?

If a registered person’s registration has been revoked suo moto by the appropriate official, he or she may apply for revocation of cancellation using GST REG-21. He must submit it to the Common Portal within 30 days of the cancellation order’s service date.

Who Cannot cancel GST registration?

Yes. Registration cannot be revoked unless a Show Cause Notice is sent to the taxpayer and a reasonable chance to be heard by the Tax Official.