Concepts of GST:

Registration and Migration

Registration

­- Who has to register?

→ Turnover above 10 lakhs / 20 lakhs pa

→ Inter-state supplier

→ Required only in the state from where the supply is made

→ Casual & non resident taxable persons

→ Persons on whom there is responsibility of paying full tax under reverse charge e.g transport aggregator

Electronic Commerce Operator (ECO)

→Agents

Aggregate Turnover

Aggregate Turnover

Aggregate Turnover will be computed on All-India basis for same PAN

Who do not have to register?

→ Person engaged exclusively in non-taxable or wholly exempt from tax

→ Agriculturist, in so far as supply of produce out of cultivation of land

→ Persons engaged exclusively in supplies which are under RCM

REGISTRATION DETAILS

Registration is

→ PAN based only

→ State wise separate registration

→ One per state only except in case of business verticals / SEZ units

→ One principal place of business has to be given. Additional places can be given

→ Registration is a must within 30 days of starting business

How to modify registration

CORE FIELDS

– Legal name of business

– Address of principal place or additional place of business

– Addition, deletion or retirement of partners or directors etc.,

→ Can be modified only by tax authorities

OTHER FIELDS

→ Can be modified by self

Pros and cons of voluntary registration

Pros

– You can do B to B transactions

– Other registered dealers will not have to pay tax in reverse charge

Cons

– Once registered, you have to pay taxes on all supplies, even if turnover is less than 20 lakhs

– Even if no transactions in any month, return will have to be filed

GST Portal (www.gst.gov.in)

– Common portal for

  • Registration
  • Payment
  • Return filing
  • IGST Settlement data processing

Enrollment/Migration

  • Enrollment: of taxpayers registered under VAT, Service Tax, Central Excise and other taxes  subsumed under GST.
  • Work started on 8th Nov 2016 to migrate such taxpayers by generating Prov ID (PID)
  • One Prov ID is generated for a PAN in a State

Enrollment/Migration

What is to be done by Taxpayer

– Taxpayer has to

  • Activate Prov ID on GST Portal and create User ID and Password of his choice (Enrollment)
  • Fill part-B GSTR REG 26) and attached relevant documents (migration)
  • He can start using the Provisional ID as that is also his GSTIN (GST Identification Number).

Enrollment/Migration

When will I get Provisional Certificate

  • We have generated Provisional Certificate for all those who have activated their Provisional ID and shared it with Taxpayers by email. This number stands at 67.11 lakhs.
  • Prov Certificate is also available on the dashboard of taxpayer

What is Migration and when will I get Permanent RC?

  • Enrollment form has two parts. Filling up of first part makes one enrolled and generation of Provisional Certificate.
  • Second part has details like “business details”, ‘Promoters details’, Place of business, bank account, Goods and services dealt etc.

What are the tips for getting ready for registration

  • Please get the documents ready with prescribed size (scanned photos of promoters, scanned image of Proof of business premises, first page of bank passbook or statement.
  • (Photo: 100 KB jpeg; Proof of constitution of Business: 1 MB jpeg or pdf; Proof of appointment of Auth signatory: 100 KB; Place of business: 1 MB ; Banks: 100 KB)
  • Online filling is simple and does not take more than 10 to 15 minutes.
  • The registration process is free of cost. In case you take services of tax consultant, you need to pay his/her fee only.
  • Once this part is filled and required documents are uploaded, you will get ARN (acknowledgement reference number).
  • Out of 67 lakhs 30 lakhs have completed part-B and their applications will be processed by tax officers soon for issue of Permanent Registration Certificate.
  • Remaining 37 lakhs taxpayers are requested to visit the portal quickly and fill up Part-B to get Permanent Registration Certificate. We are also sending email and SMS to them.

New Registration

How to apply for registration?

– On common portal www.gst.gov.in

– Part A: PAN + Mobile no. + E-mail ID

Part A

New Registration

How to apply for registration?

part b

New Registration

How to apply for registration?

New Registration

Registration

What will I get after filling up the from?

  • You will get ARN
  • The details like PAN, Aadhaar will be matched with same with Income Tax and UIDAI
  • In case of any error, email will be sent explaining the error and way to correct the same.

When will I get RC?

  • Within 3 working days.
  • If tax officer can’t read the lease deed or other such document or if he has a query, he will raise a query which will come to you by email.
  • Please reply within 7 working days.
  • Officer will get 7 working days to take decision. He cannot ask question again.

More Under Goods and Services Tax

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Category : Goods and Services Tax (5205)
Type : Articles (14817)
Tags : goods and services tax (3755) GST (3347)

One response to “Concepts of GST: Registration and Migration”

  1. Manish Jain says:

    20 lakh &
    75 lakh composition scheme should be scraped
    BecGST registered deales who are buying from unreunregistered GST dealers have to pay reverse Tax ,
    Further a SaaS based Application should be released by government so such small business can easiy maintain their accounts & file their returns on this application ,so they do not have to bear additional expense of maintaing account & return filing ,even they should be supported with Multilanguage tutorial how to operate this application.

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