GST is compulsory for those businesses whose annual turnover exceeds Rs. 20 Lakh, but there are certain states (especially North-Eastern States) where the limit has been reduced to Rs. 10 Lakh.
Its registration is possible to be undertaken online on it’s official website, i.e. https://gst.gov.in.
If a person is an eligible taxpayer, then here are an easy step-by-step process elaborated that can help them in fulfilling such liability:
1. Move to GST’s official website- https://gst.gov.in, and click on ‘Services’ tab, and then select ‘Registration’ option there from the drop down menu.
2. Then Select ‘New Registration’ and enter necessary details like whether you are a GST Practitioner/Tax Payer/etc, then your State/ Union Territory/ District/ Address/ PAN No./ Email-id, and Mobile Number so that an OTP can be generated and send to that number, and at the last enter the characters as are mentioned there, either in alphabetical or numerical or mixed form, and then click on ‘Verify’, and then Click to ‘Proceed’.
3.Thereafter an OTP (One-Time-Password) will be sent to the email-id and Mobile Number that we have entered as have been specified in the second step, and thereafter we need to enter that OTP and Click on ‘Continue’ option there.
4. A Temporary Reference Number (TRN) will thereby appear on your laptop/computer/mobile screen, and the same number will also be sent to your registered Mobile Number and Email id, which we are required to save for any other future reference.
5. Here we again need to follow the first step as here also we have to go to the ‘Services’ tab, and click on ‘Registration’ option there and then selecting Temporary Reference Number (TRN).
6. Here we need to enter the TRN number that we have saved earlier in our fourth step, then need to enter the verification characters and finally clicking on ‘Proceed’ option.
7. Here we will get an OTP on our registered Mobile Number as well as on our Email id, and here we need to enter such OTP and click again on the ‘Proceed’ button.
8. Thereby we will be able to see the status of our application in a draft format, and here we need to select the edit icon.
9. Now will come the second part of your registration form, the earlier being the first part that we have discussed in our second step, and here we again need to fill all the concerned details as have been asked from us to be filled, and also need to submit and upload the required documents that have been asked there for verification as well as information purposes for the department.
Some of the most important documents that need to be uploaded here are:
Bank Account Details, Photographs, Constitution of Taxpayer, Proof of place of business, Autorization form, etc. as may be specified there from time-to-time.
10. As we are done with the uploading of all the details and documents therein, we finally have to go to the Verification page, and there we need to tick on the declaration and submit our application as have been filled by taking help of any of the below mentioned options:
Using e-sign – Here OTP will be sent to Aadhar Registered number
Using EVC – OTP to be sent to registered mobile number
Companies must submit application with DSC (Digital Signature Certificate)
Finally a message will get displayed on our respective screen, and finally we will get an Application Reference Number (ARN) on our registered Mobile Number and Email id.
After completion of all the formalities and steps, we will be able to check our status of registration by just entering the ARN in the GST portal that we have received at our tenth and last step.
Note: Please supplement the process with a plain reading of Common Frequently Asked Questions (FAQs) as are there in the official website.
Disclaimer:- The entire contents of this document have been prepared on the basis of relevant provisions and rules and as per the information existing at the time of the preparation. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, I assume no responsibility therefore. Users of this information are expected to refer to the relevant existing provisions of applicable Laws. The user of the information agrees that the information is not a professional advice and is subject to change without notice. I assume no responsibility for the consequences of use of such information.