GST Registration

Under GST act, a person whose annual turnover exceeds a certain threshold needs to get registered under the official site of GST. This process is called as Online GST Registration.

This threshold limit is decided by CBIC and according to the latest notice by the CBIC person, someone having turnover greater than Rs. 40 lakhs for goods and greater than 20 lakhs for services can apply for GST.

Policystar processes your GST procedure on the same day you register. Know more about how to start your GST Registration

Policystar GST Registration Helpdesk

What is GST Registration Online?

There are some businesses whose registration is mandatory under GST.

This registration process takes six days at maximum.

You can easily get GST registration online through Policystar’s fast process.

Additionally, after getting GST registration online, you have to file tax returns and provide clear details of your business.

Moreover, it is a punishable offense when a person who is eligible does not register for GST.

Who is Eligible For GST Registration Online?

Every business is not liable to get registered under GST.

There are some businesses that are exempted from tax under GST.

Agricultural products and supplies on which reverse charge is assured are exempted from tax.

Taxpayers can get relaxation from tax burden under some composition schemes.

There are few conditions under which it is mandatory for you for GST registration online. These are as follows:

1. Already Registered Individuals
   Taxpayers who are registered under tax system before advent of new GST tax system needs to get registered under GST.
   Taxes include service tax, value added tax, sales tax, excise duty, customs duty and many more.

2. Casual Taxable Person
   A person who is Non-Residential Indian and is obliged under rules of taxation must get registered for GST.

3. ISD
   Input service distributors and agents related have to get GST registration online.

4. E-commerce
   A person who is involved in selling their goods through E-commerce is required to get registered.

5. Business Turnover
   Those who have their annual business turnover greater than Rs.40 lakhs for goods and greater than Rs.20 lakhs for services need to get registered under this tax system.

6. TDS
   Those who are eligible for tax deduction at source have to get registered.

7. Reverse Charge Mechanism
   Those who are paying tax under the scheme of reverse charge mechanism have to register themselves.

8. Person Living Outside India But Having Business in India
   People who are involved in giving online information and retrieval services from outside India to a person who lives in India needs to get registered.

9. Aggregators
   People who are e-commerce aggregators have to register themselves.

Benefits Of Online GST Registration

For getting GST registration online will make your business legally recognizable.

There are many benefits of registering yourself as a Taxpayer, some of which are listed below:

1. You Can Make Business Terms With MNCs
   You can deal with Multi National Companies. This is as these companies only deal with the person who is registered under the tax system.
   If you get registered, then you can present your tax certificates as proof and you may get a chance to make business terms with MNCs.

2. Government Related Business Offers
   According to almost all government tenders, GST registration is considered as an important factor for dealing.
   If you have registered under GST, then you can present your GST registration proof or GSTIN to officers and may avail this opportunity.

3. Your Business Will Get Priority
   You will be considered above those dealers who have not registered themselves under GST.
   Registering under GST will make you one step ahead of others.

4. ITC Benefits
   Those who have registered under GST will get benefits of input tax credit.
   With the help of input tax credit system under GST, you can save a lot of money that you may spend in paying tax otherwise while purchasing goods and availing services.

5. Uninterrupted Business
   After registering for GST you don’t have to take permission at different levels for running your business.
   You can supply and receive goods in an uninterrupted manner. You can deal freely with a person living in any part of the country.

6. Tax Collection From Customer
   If you have registered for GST then you are legally eligible for collecting tax from your customer and passing on this collected tax to your dealer.

7. Helpful For E-commerce
   Nowadays, all e-commerce sites like amazon, flipkart, paytm etc give opportunity to only those dealers who have registered themselves under GST.
   Those who want to run their business through online mode must apply for registration. GST Registering Online secures you to conduct online business.

8. Bank Account
   After registering for GST, your business becomes legally recognised.
   You can show your GST registration certificates as a proof of your business which is mandatory to present to bank officers for opening an account.

9. Transparent Tax Paying
   This is a non profitable system of taxation.
   Your money doesn’t get wasted away in giving extra charges to the mediators or agents. You have to pay your tax on your own through the online portal.

GST Registration Online Types

There are two different types of registration under GST.

This classification is done on the basis of the type of customer you deal. Types of registration are cited below :

1. Casual Taxpayer Registration

Under GST, a person whose business does not require a regular supply of goods and services is called a casual taxpayer.

Casual taxpayer person has to provide services and supply goods only on some special occasions.

Such taxpayers need to register themselves under casual taxation.

Registration must be done before transporting goods and supplying services.

For example, let’s talk about a person ‘A’ whose business is about organizing exhibitions.

According to his business, exhibitions are organized by him in various states of our country but these exhibitions are not held regularly.

Hence, in such a case, he needs to get registered as a casual taxpayer under the state where he is going to organize the exhibition.

We can also say that he needs to get registered as a casual taxpayer for that particular taxable state. You can avail Policystar’s GST Registration Online services and get your GST Number very easily.

2. Composition Scheme Registration

The small taxpayers who may encounter difficulties in paying tax have to get registered under this scheme.

This scheme is basically designed for providing relaxation in tax.

Taxpayers registered under this can pay a small percentage of their annual revenue as tax and this amount of tax is decided by authorities.

Taxpayers under composition schemes can pay a single quarterly return instead of filing various monthly returns.

They have to pay comparatively less tax than normal taxpayers. Only some people can get registered under this scheme.

For availing benefits of this scheme, you must be registered as a taxpayer under GST and your annual financial turnover should be less than a threshold limit that is of Rs.1.5 crore for goods and less than Rs. 50 lakh for services. Simply connect to Policystar’s GST experts for GST Registration Online

Small manufacturers of goods, suppliers and dealers can get registered for this.

Documents Required for GST Registration Online

There are some documents which you must have while registering for GST.

Without these documents you may not be able to complete your GST Registration Online.

Documents required for GST registration are listed below:

1. Aadhaar card of the person who wants to get registered.
2. PAN card of the person who wants to get registered.
3. Address proof of partners related to business along with their photographs for private limited registration.
4. Business registration proof stating that your business is legally registered.
5. Address proof of place of business set up.
6. Proof of bank account.
7. Letter of authorization.
8. Scanned signatures.
9. Legal partnership certificates.
10. Proof of partnership deed.
11. Adhar card and bank details of proprietor in case of proprietorship firm.
12. PAN card of company for registering for private limited.

GST Registration Fees

Policystar charges for registration are just Rs 999 (inc taxes)

Who should Register for GST?

GST Registration Process

You can get GSt registration online easily with the help of Policystar’s GST Experts. You can also get in touch with them on 7232064848

It is an easy task and you just have to follow the steps mentioned below:

1. Go to the official portal of GST
   Official website for GST is www.GST.gov.in and you need to type this on your search bar. Click on the search button.

2. Go to registration
   GST official portal will be displayed on your screen.
   You can easily spot ‘Services’ on the bar at top of the portal then go to ‘Registration’ option on your screen. Click on ‘Registration’.

3. Go to new registration
   After clicking on ‘Registration’, you will see various options displayed on your screen. Then click on ‘New Registration’.

4. Fill your details
   Panel for new registration will get displayed on your screen. You have to fill your details under different sections.
   All mandatory fields that are necessary to be filled are marked with a red coloured dot ‘ • ‘.
   
   1. You have to select ‘New Registration’ from two options given at the top of the form.
      
   2. Then you have to proceed to ‘I am a • ‘. You will see a bar from where you can select your option. 9 options will be available and you have to choose one out of them.
      
   3. You have to choose among options of taxpayer, tax deductor, tax collector, GST practitioner, non resident taxable person, united nation body, non resident online service provider,consultant or embassy of foreign country and other notified person.
      
   4. In the next step you have to provide the name of the state or union territory. Select your district in this step.
      
   5. You have to mention the name of your business as it is written on the PAN card of business.
      
   6. This is a mandatory step and you have to mention your PAN number which is of 10 digits.
      
   7. You have to write your email ID carefully as you will receive OTP on this ID which will be used in further steps of registration.
      
   8. You have to enter your phone number correctly to receive an OTP for verification of a mobile number.
      
   9. At last, you will have to enter captcha and click on ‘Proceed’.

5. Login into your account with TRN
   After verification of your phone number and email id, you will receive a temporary reference number (TRN).

Keep it safe with you as you have to use it in the next step. Login into your account with temporary reference number and temporary password provided to you.

Enter TRN and then enter captcha code in space provided and then click on proceed.

6. Complete your verification
   You have to complete OTP verification. OTP is sent to the mobile number and email id entered by you in previous steps.
   After completing your verification, GST registration page will be displayed on your screen.

7. Fill your business details
   Details provided by you are saved as drafts. You have to click on ‘edit’. Under this step you have to give your business details.
   
   1. You have to enter the name of your business or company in the given section.
      
   2. Then enter PAN details.
      
   3. Mention name of state or union territory in which you have your business.
      
   4. Mention the date of commencement of business.
      
   5. Give details about already existing registrations.
      
   6. Mention details about your business partners. You can mention your 10 business partners at maximum.
      
   7. While registering for a proprietorship firm, you have to provide details of proprietors. Mention your personal details, DIN (Director Identification Number), write your designation, mention your PAN details and aadhar details.
      
   8. Mention details of the person you have given permission to file your return.
      
   9. Enter contact details of your business and principal place of business.
      
   10. Enter additional places where you have your business. Give information about that business like details of goods supplied by your company.
       
   11. Provide information about bank account details of your company and related proofs.
       
   12. You need to upload your scanned documents. Documents vary for different types of businesses. Different documents are used for registering under proprietorship, private limited company and partnership LLP. So, you have to provide documents as per your business type.
       
   13. You have to upload scanned documents of your photograph, bank account details, business related proofs and authorised forms.

8. Click on ‘Save and Continue’
   After completing all the above mentioned steps you have to click on the ‘Save and Continue’ option which is displayed on your screen.
   You have to do this because you will need the information filled and saved by you in further steps of registration.
   
9. Click on Submit
   After clicking on the ‘Save and Continue’ option you have to click on ‘Submit’ to save your details. DSC should be used by companies for submitting their application.
   OTP for verification will be sent to your mobile number registered in your aadhaar card if you use e-sign for submitting your application. You can use EVC for form submission to get OTP on your mobile number registered under GST.
   
10. Success Message
    After submitting your application form a success message will be displayed on your screen.

11. You will receive your application reference number (ARN)
    You will get your ARN. Note down your application reference number which is generated for you.
    
12. Check your application reference number status
    At last you should check your ARN status. You can do this by entering ARN on the official website of GST.

GST Registration Certificate Download

If you are registered in GST then you must be familiar with various GST numbers. For GST Registration Online, this becomes a crucial step.

Different numbers are provided to the users while performing functions on GST portal.

While registering for GST, you receive two types of reference numbers.

Two types of reference number received by you are ARN and TRN. Both of these numbers can be used for GST registration certificate download.

After successful registration under GST you will get a GSTIN that is goods and services tax identification number.

What is a TRN Number?

TRN stands for temporary reference number.

This reference number is of 9 digits.

Temporary reference number is valid only for temporary use and you can use it till you complete your registration process.

Temporary reference number is sent to your registered mobile number and on your registered email id via automated system.

This is sent after completing verification of your email id and mobile number.

You have to use your TRN for logging in to your account and for completing your process of application.

What is an ARN Number?

ARN stands for application reference number.

You will get a unique application reference number after every transaction on GST portal.

You will also get ARN after filling all the necessary details and submitting your application form.

ARN consists of 15 digits.

First two digits of ARN number represent alphabets, the next two are state codes, 5th and 6th digits denote month of transaction and 7th and 8th digits are for the year of transaction.

Next six digits represent system generated code and the last and 15th digit is a check sum digit.

Compliance After Getting Registered Under GST

After completing registration under GST you are liable to follow norms of GST.

You have to submit your returns for GST within the due time.

If you are a normal taxpayer then you have to file monthly returns.

Yearly returns and quarterly returns are also needed to be filed by you on time.

If you are registered under composition scheme then you have to file your returns on quarterly basis and you don’t have to give monthly returns.

You have to provide details of your income.You need to give details of all your business deals. Input and output tax must be mentioned.

If you are a normal taxpayer then you have to issue an invoice to your customers before selling goods and supplying services.

All the tasks mentioned above are to be done under the GST portal within a given time duration and if you fail to file your returns in due time then you will be liable to pay late fee, penalty and interest.

Penalties Related To Negligence of GST Registration

Everyone who fulfills the eligibility criteria of GST registration must get registered.

Failing to do so may lead you to bad consequences.

Not registering under GST even if you are liable to do so is a punishable offence. You shall be charged with a heavy penalty.

Penalty that is charged is cited below:

1. If you Mistakenly not Registered for GST

If a person who should get registered for GST has not registered himself mistakenly or due to some confusion then he is liable to pay a penalty.

Penalty rate for this is decided as 10% of the total tax unpaid.

For example, if you have registered late and the total tax unpaid by you is Rs.10000 then you have to pay a penalty of Rs.1000.

You can only pay your returns after paying the penalty.

2. If You Intentionally Didn’t Registered Yourself

If a person who should get registered for GST has not registered himself with deliberate planning of doing fraud then this is an offence.

You may be sent to jail. You also have to pay a penalty which is 100% of the unpaid tax due to late registration.

For example, if you have unpaid tax of Rs.10,000 then you have to pay a penalty of Rs.10,000.

GST Registration FAQs