If you do not have the assistance of a professional, the GST registration process can be lengthy and involve submitting business-related documents. For GST registration, it is always best to seek the assistance of GST specialists to avoid unnecessary delays.
Depending on the type of registration you seek, you must submit different types of documents. This article will explain the documents needed for the GST registration.
A list of the documents required for GST registration
You will need the following documents to register for GST:
- The applicant’s PAN card
- An address proof (rent/lease agreement, electricity bill, owner NOC, etc.)
- Proof of business constitution (such as partnership deed, Memorandum of Association (MOA), certificate of incorporation, registration certificate, Articles of Association (AOA), society bylaws, etc.)
- Photographs of the directors/promoters with proof of identity and address
- Details about authorization (e.g., a letter of authorization, a resolution passed by the board of directors specifying the name of the authorized signatory)
- Detailed bank information (first page of bank passbook, cancelled cheque showing account holder’s name, bank statement)
For GST registration, you must submit self-attested documents. The authority will verify the validity of these GST registration document. In order to avoid unnecessary delays, you should be careful when submitting GST documents.
GST Registration Eligibility Criteria: What are they?
GST registration and status in India are determined by the following categories.
GST registration is required for service providers who provide services worth more than $20 lakh in a calendar year. In special category states, the maximum is 10 lakhs. The GST registration requirement applies to all firms involved in providing exclusive products with an annual turnover greater than 40 lakhs.
Commerce on the interstate
If a business supplies goods interstate, from one state to another, regardless of its aggregate turnover, it must register for GST. Interstate service companies are required to register for GST only if their annual sales exceed ₹20 lakhs. In special category states, the maximum is 10 lakhs.
E-commerce platforms in India require GST registration for anyone selling products or services. Individuals must register regardless of their turnover. This means that e-commerce platforms like Flipkart, Amazon, etc. must register vendors before they can start selling.
Taxable Casual Individuals
GST registration is required for anyone who supplies products or services seasonally or intermittently through a temporary stand or shop. Any individual can apply regardless of his or her annual aggregate turnover.
Registration on a whim
GST registration is voluntary for any entity. A GST registration could previously not be surrendered for one year after it was obtained voluntarily. It is possible, however, for the applicant to cancel their voluntary GST registration after any changes have been made.
Types of GST registration
GST registration can be divided into the following categories.
An ordinary taxpayer
For taxpayers who do business in India, this category of GST registration is available. Those who register as regular taxpayers don’t have to make a deposit, and their registration is valid for an indefinite period of time.
Composition of taxpayers
Individuals must enroll in the GST Composition Scheme in order to become Composition Taxpayers. Composition Scheme taxpayers pay a fixed GST rate. As a result, the taxpayer would not be able to claim the input tax credit.
Taxable individual on a casual basis
A taxpayer who opens a booth or seasonal shop must register as a Casual Taxable Person. To register as a casual taxable person, the taxpayer must deposit the GST liabilities. Responsibilities must correspond to active registration periods. For a period of three months, the registration will be active.
Taxable Non-Resident Individuals
Individuals who reside outside of India are considered non-resident taxable persons. Residents of India should also be provided with products or services by taxpayers. In order to register as a casual taxable person, a taxpayer must deposit an amount equal to GST liabilities. Responsibilities must correspond to active registration periods. For three months, the registration will be active.