GST Registration

1. Who needs to register for GST in India?

All businesses involved in the supply of goods or services with an aggregate turnover exceeding the prescribed threshold limit (currently INR 40 lakhs for most states, INR 20 lakhs for special category states) must register for GST.

2. Is GST registration mandatory for businesses selling goods or services exclusively online?

Yes, businesses engaged in online sales, irrespective of turnover, are required to register for GST if their aggregate turnover exceeds the threshold limit.

3. What are the documents required for GST registration?

Commonly required documents include PAN card, Aadhaar card, proof of business registration, address proof, bank account details, and photographs of the proprietor/partners/directors.

4. Can a business register for GST voluntarily, even if its turnover is below the threshold?

Yes, businesses with turnover below the threshold limit can voluntarily opt for GST registration to avail input tax credit benefits or to meet the requirements of certain business collaborations.

5. What is the procedure for GST registration?

The registration process involves visiting the GST online portal, filling out the registration application form (GST REG-01), uploading required documents, and obtaining a unique GSTIN (Goods and Services Tax Identification Number).

6. What happens if a business fails to register for GST despite being liable?

Operating without GST registration when liable can result in penalties or fines. Additionally, the business would be unable to collect GST from customers or claim input tax credits.

7. Is there a fee for GST registration?

No fee is charged for GST registration, as per the current regulations. However, a business may seek assistance from GST practitioners or professionals, which might involve service charges.

8. Can a business be registered under GST for multiple states with a single PAN?

Yes, a business with operations in multiple states can register for GST in each state under a single PAN, obtaining a separate GSTIN for each state.

9. Can a business amend its details after obtaining GST registration?

Yes, businesses can make changes or amendments to their GST registration details, such as business name, address, or contact information, through the GST portal.

10. Is there a specific timeline for completing the GST registration process?

Once the application is filed, the GST registration process typically takes around 7-10 working days, provided all documents and information are accurate and complete.

11. Is GST registration necessary for small businesses or startups?

Yes, GST registration is mandatory for businesses meeting the prescribed turnover limit, regardless of their size or startup status.

12. Can freelancers or individual service providers register for GST?

Yes, individual service providers or freelancers whose turnover exceeds the threshold limit are required to register for GST.

13. What if my business operates from multiple locations within the same state?

In case a business has multiple branches or offices within the same state, it can operate under a single GST registration for that state, using the same GSTIN.

14. How long is the GST registration valid once obtained?

Once registered, the GST certificate is valid indefinitely unless surrendered, canceled, or suspended due to violations or non-compliance.

15. Are there any specific provisions for businesses engaged in exports or imports?

Businesses involved in exports or imports are also required to register for GST, and they might have access to specific benefits and schemes under GST.

16. What is the composition scheme under GST, and can registered businesses opt for it?

The composition scheme is available for small businesses with an annual turnover up to a specified limit. Eligible businesses can opt for this scheme, which involves a lower tax rate and simplified compliance.

17. Can a registered taxpayer sell goods or services without a GST invoice?

No, it is mandatory for registered businesses to issue GST invoices for all sales made, which include specific details as per the GST law.

18. Is it necessary to register for GST even if my business deals only with exempted goods or services?

Yes, even if a business deals with goods or services that are exempt from GST, it is required to obtain GST registration if its turnover exceeds the threshold limit.

19. What are the responsibilities of a GST-registered entity after obtaining registration?

Registered businesses are responsible for collecting GST from customers, filing GST returns on time, maintaining accurate records, and complying with GST rules and regulations.

20. Can a taxpayer cancel their GST registration?

Yes, a registered taxpayer can apply for voluntary cancellation of GST registration if the business is discontinued, transferred, or undergoes significant changes. The cancellation process involves specific procedures laid down by the GST authorities.

21. Is Aadhaar card mandatory for GST registration?

While Aadhaar card details are often required for identity verification, it might not be mandatory for all cases. However, providing Aadhaar details can expedite the registration process.

22. Can a person holding multiple businesses apply for a single GST registration?

Individuals operating distinct businesses with separate PANs must obtain separate GST registrations for each business, even if they are operated by the same person.

23. Is it possible to register for GST without a fixed place of business?

Yes, individuals supplying goods or services from multiple locations without a fixed place of business can register under the ‘casual taxable person’ category.

24. What is the procedure for a non-resident taxable person to obtain GST registration?

Non-resident taxable persons providing taxable supplies in India can apply for GST registration by submitting necessary documents and an application on the GST portal.

25. Is there a threshold limit for GST registration for online businesses or e-commerce sellers?

Just like any other business, e-commerce sellers need to register for GST if their turnover exceeds the specified threshold limit.

26. Can a person register for GST under a proprietorship using their personal PAN card?

Yes, a proprietor can use their personal PAN card for GST registration under a sole proprietorship business.

27. Are there any exemptions or relaxations for small businesses or startups regarding GST registration?

Businesses with turnover below the prescribed threshold limit may be exempt from GST registration, but this exemption is subject to certain conditions and varies across states.

28. Is a separate GST registration required for branches or divisions within the same state under a company or LLP?

Each distinct business vertical or division that has a separate PAN is required to obtain a separate GST registration, even if they operate within the same state.

29. Is there a penalty for late GST registration?

Yes, failure to register for GST within the stipulated time frame after becoming liable can result in penalties.

30. Can a taxpayer apply for GST registration without a bank account?

Having a bank account is essential for GST registration as bank details are required for the electronic credit of refunds or for making payments. Therefore, having a valid bank account is necessary for the registration process.

Yes, you can get a discount on the product/service as per the company policy.

Max up to 20%, as allowed from time to time on this product/service.