What is GST Registration?

In any tax system registration is the most fundamental requirement for identification of taxpayers ensuring tax compliance in the economy. Registration of any business entity under the GST Law implies obtaining a unique number from the concerned tax authorities for the purpose of collecting tax on behalf of the government and to avail Input tax credit for the taxes on his inward supplies. Without registration, a person can neither collect tax from his customers nor claim any input tax credit of tax paid by him. As per the GST rules, it is mandatory for a business that has a turnover of more than 40 lakh rupees to register as a taxable entity. This process is referred to as the GST registration process. The turnover for businesses present in hill states and North-Eastern states is 10 lakh rupees. For this process, you can decide on how you want to go about it - there are 4 ways in which you can complete the formality.

GST Registration Procedure

Here’re step-by-step procedure that must be followed to complete GST Registration

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STEP 1 : Visit the GST portal - https://www.gst.gov.in

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STEP 2 : Click on the ‘Register Now’ link under the ‘Taxpayers’ tab

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STEP 3 : Click on ‘New Registration’.

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STEP 4 : Fill up the required details as follows

Select ‘Taxpayer’ in the ‘I am a’ tab. Choose your respective state and district.
Furnish the name of your business.
Furnish the PAN of your business.
Furnish valid email ID and mobile number.
Enter the captcha and click on ‘Proceed’.

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STEP 5 : Thereafter, enter the OTP sent to your email ID and mobile number. Then click on ‘Proceed’

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STEP 6 :A Temporary Reference Number (TRN) will be displayed on the screen. Make a note of the same

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STEP 7 :Click on ‘Register’ under the ‘Taxpayers’ menu again

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STEP 8 :Choose the ‘Temporary Reference Number (TRN)’ option. Furnish your TRN and enter the captcha and then click on ‘Proceed’

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STEP 9 :Enter the OTP received on your email ID and phone number and click on ‘Proceed’.

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STEP 10 :The status of your application will be displayed on the next page. There will be an ‘Edit’ icon on the right side; click on it. You will see ten sections. Use our GST calculator to determine the exact amount of GST to be paid before registering for GST.

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STEP 11 :Visit the ‘Verification’ page and approve the declaration.

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STEP 12 :Then submit the application by using one of the below-mentioned methods:

By Electronic Verification Code (EVC)
By e-Sign method .

Documents Required

Photograph

Photograph

Passport size photographs.

Address Proof

Address Proof

Business premise address proof.

Pan Card

Bank Details

Bank details such as account number, bank name, bank branch, and IFSC code

Identity Proof

Form

Authorisation form.

For Registered Office

The constitution

The constitution of the taxpayer.

Frequently Asked Questions

What is a Private Limited Company?
Private Limited Company is the most sought form of Company Registration in India. It is the most preferred form of business and regulated by Ministry of Corporate Affairs (MCA) under Companies Act, 2013. A Private Limited Company is a type of business structure registered with MCA to give a separate legal existence to the business different from its directors and shareholders. This means that a company continues to exist even after the death of any member/director in the company.
A minimum of two persons are required to form a Private Limited Company. It is not even important that members should be different from directors. In a company, two persons can act as Members and Directors both at the same time. Members and Shareholders are one in the same. That means an individual may become shareholder and director at the same time.
There is no minimum capital requirement to form a Private Limited Company Registration. Start-ups may choose on their own how much paid-up capital they want to keep during the Company Registration. However, generally one lac capital is kept as per most companies registered.
Name reservation is quite simple and easy to obtain. Our professionals will guide and help you in choosing the best suitable name of your company according to name guidelines of company incorporation and trademark laws.
Director Identification Number (DIN) is a unique number assigned by the MCA to Individuals allowing them to become Director in any Company or Designated Partner in an LLP (In LLP, it is called DPIN). Any natural person above the age of 18 years can become the director in the company after getting DIN. There are no specific regulations provided in terms of citizenship or residency, also a foreign national can become a director.
Digital Signature Certificates (DSC) are the digital equivalent (electronic format) of physical or paper-based certificates. Likewise, a digital certificate can be presented electronically to prove one's identity, to access information or services on the Internet or to sign certain documents digitally. SPICE+ forms are filed for online company registration after affixing the DSC. The subscribers to MOA & AOA shall possess DSC for submitting e-forms for incorporation.
Memorandum of Association (MOA) is a legal document prepared during the registration process of a company to define its relationship with shareholders and contains the main objectives of the company. Articles of Association (AOA) are by-laws of the company and it regulates management of a company and creates certain rights and obligations between the members and the company.
Yes, Startups get benefits of getting themselves registered as a Start-up under DPIIT and avail many benefits launched by the Govt. Corporates recognize Private Limited Company very well and the foremost advantage is of credibility and good reputation of the established business in the eyes of Investors, Incubation Centres, Financial Institutions and Customers at large.
Post incorporation compliances are easy and manageable. Companies Act, 2013 provides a lot of exemptions to private Companies due to which compliances becomes easy and handy. At CCL, Professionals are there to manage each and every compliance of your company. Get in touch with us to know the post incorporation compliance especially commencement of business.
No, With Compliance Calendar LLP, no compliance is complicated. Our team is here to manage each and every thing when it is about managing company compliances.
We are the market experts in registration and compliance of Companies. We can help you with end-to-end services in Private Limited Registration anywhere in India. Company Registration is a legal process and therefore it is prudent to assign the work to a professionally managed firm like CCL.
Not to worry at all! A Professional from our experienced team will resolve all your queries. Our Company Registration Experts will give you the best advice without any consultancy fees.