GST REGISTRATION
Under the new GST regime, GST registration is mandatory for all entity involved in the supply of goods or services or both the aggregate annual turnover exceeding Rs.20 lakhs a year in north-eastern and hill states, while the limit is Rs.40 lakhs for rest of India. However, if the entity is involved in providing the service, the old limit of 10 lakhs a year in North-eastern and hill states and Rs.20 lakhs for rest of India shall apply.
Unregistered persons will not be allowed to collect GST from customers or claim ITC if they do so, they will be penalized. Apart from this criterion of turnover, the GST Act provides various other categories where registration is mandatorily required like supply under RCM, e-commerce aggregator, etc. irrespective of their turnover.
Documents Required
- Pan of Company / Proprietor / Firm
- MOA/AOA and Certificate of Incorporation of Company
- PAN of All Directors/partners in case of Company / Partnership Firm
- Address Proof of all Directors (Voter ID, Passport, Driving License, Aadhar)
- Photograph of All Directors / Partners
- Bank Account details - Bank Statement / First Page of Passbook
- Proof of Principal place of Business - Bank Statement / Consent Letter/ Electricity Bill/ Rent Agreement
- Board Resolution Appointing Authorized Signatory for GST Registration
- Digital Signature of Authorized Signatory / Director
Package Includes
- Filing of Application for Registration
- Follow up till you secure GST Identification Number
Frequently Asked Questions
What is Principal Place of Business?
Principal Place of Business is the primary location within the State where a taxpayers business is performed. The principal place of business is generally where the businesss books of accounts and records are kept and is often where the head of the firm or at least top management is located.