HOW TO APPLY FOR NEW GST REGISTRATION

Posted By on May 8, 2017

We are noting below the Procedure (Para I), Requirements (Para II) and Applicability (Para III) for new Registration under the Goods and Services Tax (GST) Act. These provisions are expected to be effective from the appointed date for the rollout of GST which is currently expected to be 01-07-2017:-

 

(I) What is the procedure for Application & Allotment of the GST Registration?

Step 1 (Taxpayer) :  Fill Part A of the form ‘GST REG – 01′. Provide your Mobile No, E-Mail ID and PAN Number before submitting the Form;

Step 2 (Department) : The department will verify the PAN details and send an OTP on the Mobile No and Email ID submitted by the Taxpayer;

Step 3 (Taxpayer) : Taxpayer has to fill the OTP to verify the correctness of the Mobile No. and Email ID;

Step 4 (Department) : After verification of the PAN + Mobile + Email, an Temporary Reference Number (TRN) will be generated and sent by the Department to the Taxpayer on his Mobile and Email ID;

Step 5 (Taxpayer) : The taxpayer has to fill the Part B of the GST REG – 01 with reference of the TRN received from the department and upload the requisite documents and information discussed in Para (II) above and affix the Digital Signature of the Authorised Signatory before submission;

Step 6 (Department) : The department will scrutinise the information submitted by the Taxpayer and in case if any additional information is required the query in GST REG – 03 will be issued;

Step 7 (Taxpayer) : On receipt of the GST REG – 03, the taxpayer has to submit the requisite information within 7 days in GST REG – 04;

Step 8 (Department) : On receipt of the requisite information in GST REG – 01 or GST REG – 04 (if needed), the certificate of GST Registration will be issued in GST REG – 06 within 3 days (7 days in case of additional information submitted) of the receipt of the complete information;

Step 9 (Department) : In case if the information submitted is not correct/ satisfactory, the registration application will be rejected in GST REG – 05.

The Government has prescribed several other forms for different Stakeholders under the GST Law viz. GST REG – 07, GST REG – 08, GST REG – 09, GST REG – 09A, GST REG – 10 and GST REG – 12.

 

(II) What are the Documents/ Information Required for GST Registration?

1. Official Mobile Number + E-Mail I.d. (For OTP & all GST Related Communication)

2. Taxpayers Information:-

a) Valid PAN Card of Tax Payer;

b) Constitution Certificate of the Tax Payer viz. Partnership Deed, AOA/ MOA, Regsitration Certificate or Other Proof of Constitution

c) Scanned Copy of the Bank Statement/ Pass Book containing Name of the Taxpayer, Bank Account Number, IFSC Code No. etc

d) Proof of the Principal Place of Business:-

i) For Owned Premises – Ownership Proof viz. Electricity Bill or Latest Property Tax Receipt or Municipal Khata Copy;

ii) For Rented Premises – Copy of the Rent / Lease Deed along with Landlords ownership proof viz. Electricity Bill or Latest Property Tax Receipt or Municipal Khata Copy.

3. Information related to Proprietor/ Partner/ Director and Authorised Signatory:-

a) Scanned Passport Photograph;

b) Copy of PAN Card;

c) DIN (For Directors only) & Aadhar number;

d) Full Address, email ID & Mobile Number;

e) Authorisation Letter – Copy of the Board Resolution or Managing Committee in the prescribed format for each of the Authorised Signatory.

 

(III) Who is required to be Registered Under the GST?

As per Section 22 of the Central GST Act, 2017 following persons are liable to be registered under the GST:-

(1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds twenty lakh rupees:

Provided that where such person makes taxable supplies of goods or services or both from any of the special category States, he shall be liable to be registered if his aggregate turnover in a financial year exceeds ten lakh rupees.

(2) Every person who, on the day immediately preceding the appointed day, is registered or holds a licence under an existing law, shall be liable to be registered under this Act with effect from the appointed day.

(3) Where a business carried on by a taxable person registered under this Act is transferred, whether on account of succession or otherwise, to another person as a going concern, the transferee or the successor, as the case may be, shall be liable to be registered with effect from the date of such transfer or succession.

(4) Notwithstanding anything contained in sub-sections (1) and (3), in a case of transfer pursuant to sanction of a scheme or an arrangement for amalgamation or, as the case may be, demerger of two or more companies pursuant to an order of a High Court, Tribunal or otherwise, the transferee shall be liable to be registered, with effect from the date on which the Registrar of Companies issues a certificate of incorporation giving effect to such order of
the High Court or Tribunal.

Explanation.–For the purposes of this section,–

(i) the expression “aggregate turnover” shall include all supplies made by the taxable person, whether on his own account or made on behalf of all his principals;

(ii) the supply of goods, after completion of job work, by a registered job worker shall be treated as the supply of goods by the principal referred to in section 143, and the value of such goods shall not be included in the aggregate turnover of the registered job worker;

(iii) the expression “special category States” shall mean the States as specified in sub-clause (g) of clause (4) of article 279A of the Constitution i.e. North Eastern States (Manipur, Arunachal Pradesh, Nagaland, Meghalaya, Assam, Tripura & Mizoram), Sikkim, Jammu & Kashmir, Himachal Pradesh & Uttarakhand.

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The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.