Online GST Registration Services By Experts
✔️ Affordable Price – Starting from Rs. 2000
✔️ Fast Service
✔️ GST Registration done by Chartered Accountant
✔️ Personalized Support
✔️ Transparent Process
✔️ Secure Data Handling
✔️ Post-registration Assistance
Apply for GST Registration
Documents Required for GST Registration
What is GSTIN?
GSTIN, short for Goods and Services Tax Identification Number, is a unique 15-digit alphanumeric code assigned to every registered taxpayer under the Goods and Services Tax (GST) regime in India. Introduced as part of the GST rollout on July 1, 2017, GSTIN plays a crucial role in the identification, verification, and tracking of taxpayers across the country.
The GSTIN structure is designed to provide a standardized format for tax identification and streamline the tax administration process. Each digit in the GSTIN has a specific significance:
- The first two digits represent the state code, indicating the state or Union Territory to which the taxpayer is registered.
- The next ten digits constitute the PAN (Permanent Account Number) of the taxpayer.
- The thirteenth digit signifies the number of registrations obtained by the taxpayer within a state for the same PAN.
- The fourteenth digit is by default “Z,” and the fifteenth digit is a check code calculated using a specific algorithm to detect errors.
By incorporating the PAN into the GSTIN, the system ensures uniqueness and prevents duplication of taxpayer identification. This integration also facilitates data reconciliation between the GST and income tax departments, enabling cross-verification of tax information.
The GSTIN serves multiple purposes, including tax filing, invoice generation, and compliance verification. Registered taxpayers are required to mention their GSTIN on all invoices issued for the supply of goods and services. Additionally, businesses need to quote their GSTIN while filing GST returns, claiming input tax credits, and engaging in interstate trade.
Moreover, GSTIN enables the government to monitor tax compliance, detect tax evasion, and streamline the process of tax refunds. By providing a centralized database of taxpayers, GSTIN enhances transparency, accountability, and efficiency in tax administration.
Overall, GSTIN is a cornerstone of the GST regime in India, serving as a unique identifier for taxpayers and facilitating the seamless implementation of the country’s indirect tax system. Its adoption has significantly contributed to the modernization and digitization of the tax ecosystem, aligning with the government’s broader objectives of promoting ease of doing business and fostering economic growth.
GST Certificate
In India, a Goods and Services Tax (GST) certificate is an official document issued by the government to validate the registration of a taxpayer under the GST regime. It serves as proof that the individual or entity is registered with the GST authorities and is authorized to collect and remit GST on the supply of goods and services.
Upon successful registration under GST, taxpayers receive a GST certificate in electronic format, typically through the GST portal maintained by the Goods and Services Tax Network (GSTN). The certificate contains essential details about the taxpayer and their registration, including:
Name of the Taxpayer: The legal name or trade name of the individual, business, or entity registered under GST.
GSTIN (Goods and Services Tax Identification Number): The unique 15-digit alphanumeric code assigned to the taxpayer upon registration.
Date of Registration: The date on which the taxpayer’s registration under GST was approved by the authorities.
Type of Registration: Whether the registration is under the Regular Scheme, Composition Scheme, or any other special scheme provided under GST law.
Business Address: The registered principal place of business or address of the taxpayer.
Constitution of Business: Description of the business type like Proprietorship, Partnership, Private Ltd Company etc.
The GST certificate serves as crucial documentation for various business-related activities. It is required while:
Generating tax invoices and bills of supply: The GST certificate details, including the GSTIN, must be mentioned on all invoices issued by the taxpayer.
Filing GST returns: Taxpayers need to provide their GST certificate details like GSTIN while filing periodic GST returns, such as GSTR-1, GSTR-3B, and GSTR-9.
Verifying registration status: The GST certificate acts as evidence of a taxpayer’s registration status, which can be verified by other businesses, vendors, or government authorities.
Claiming input tax credits: Registered taxpayers use their GST certificate to claim credit for the GST paid on inputs and input services used in the course of business activities.
Overall, the GST certificate plays a crucial role in the compliance and regulatory framework of the GST regime, providing legal recognition and authorization for taxpayers to operate within the ambit of the tax system.
Main Components of GST in India
In India, the Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services. It is structured into multiple components, each administered by different levels of government. The main components of GST in India are:
Central Goods and Services Tax (CGST): CGST is the component of GST levied by the central government on intra-state supplies of goods and services. It is governed by the Central Goods and Services Tax Act, 2017. The revenue collected under CGST is retained by the central government.
State Goods and Services Tax (SGST): SGST is the component of GST levied by the state governments on intra-state supplies of goods and services. It is governed by the respective State Goods and Services Tax Acts passed by individual states and Union Territories with legislatures. The revenue collected under SGST is retained by the state government.
Integrated Goods and Services Tax (IGST): IGST is the component of GST levied by the central government on inter-state supplies of goods and services, including imports and exports. It replaces the earlier system of Central Sales Tax (CST) on inter-state transactions. IGST is collected by the central government and apportioned between the central and state governments based on the destination principle.
Union Territory Goods and Services Tax (UTGST): UTGST is the component of GST levied by Central Government on supplies made within the Union Territories (e.g., Delhi, Puducherry). It is similar to SGST.
Cess: Apart from the above components, certain goods and services may attract additional cess under specific circumstances. Cess collected under GST is typically earmarked for particular purposes, such as funding specific projects or addressing social welfare concerns.
These components collectively form the GST framework in India, aiming to create a unified national market, eliminate cascading effects of taxation, promote ease of doing business, and ensure fair distribution of tax revenue between the central and state governments. The implementation of GST has streamlined the indirect tax system, fostering economic growth and simplifying compliance for taxpayers across the country.
Who Should Apply for Online GST Registration Services?
The Goods and Services Tax (GST) registration is mandatory for certain individuals, businesses, and entities engaged in the supply of goods or services. Understanding who needs GST registration is crucial to comply with the tax laws and avoid penalties. The following categories of entities typically require Online GST registration services:
Businesses Crossing Threshold Limit: Any individual, business, or entity involved in the supply of goods or services whose aggregate turnover exceeds the prescribed threshold limit is required to register for GST. The threshold limit for GST registration regarding the supply of goods is Rs. 40 lakhs for businesses operating within most states in India, while it is Rs. 20 lakhs for businesses in northeastern states and special category states, and for the supply of services limit is 20 lakhs. However, certain categories of businesses, such as exporters, are required to register for GST regardless of turnover.
Inter-State Suppliers: Businesses engaged in inter-state supply of goods or services are mandatorily required to register for GST, irrespective of their turnover. This includes businesses selling goods or services to customers located in different states or Union Territories.
E-commerce Operators: E-commerce platforms and online marketplaces facilitating the supply of goods or services are required to obtain GST registration, regardless of turnover.
E-commerce Sellers: Businesses selling goods or services through e-commerce platforms like Amazon, Flipkart, Meesho etc need to register for GST, even if their turnover is below the threshold limit.
Input Service Distributors (ISD): Input Service Distributors, who distribute input tax credit to their branches or units, are required to register for GST, regardless of turnover.
Casual Taxable Persons: Individuals or businesses making occasional taxable supplies in a territory where they do not have a fixed place of business are classified as casual taxable persons and are required to obtain GST registration.
Non-Resident Taxable Persons: Non-resident individuals or businesses supplying goods or services in India are required to register for GST, irrespective of turnover.
Reverse Charge Mechanism (RCM) Recipients: Businesses liable to pay tax under the reverse charge mechanism are required to register for GST, regardless of their turnover.
It’s essential for individuals and businesses falling under these categories to comply with GST registration requirements to avoid legal repercussions and ensure smooth operations within the GST framework in India. Seeking professional GST registration services can help entities navigate the registration process efficiently and ensure compliance with relevant tax laws and regulations.
What are the Objectives of GST?
GST was introduced to several key objectives aimed at transforming the country’s tax system and fostering economic growth. Some of the primary objectives of GST implementation in India include:
Simplify Tax Structure: One of the foremost objectives of GST was to simplify the complex tax structure prevalent in India. Before GST, there were multiple indirect taxes levied by both the central and state governments, leading to a fragmented tax system. GST aimed to streamline this by subsuming various taxes into a single, comprehensive tax regime.
Eliminate Cascading Effect: GST was introduced to eliminate the cascading effect of taxes, also known as tax-on-tax, which occurred in the previous tax system. Under the pre-GST regime, taxes were levied on taxes paid earlier in the supply chain, leading to increased costs for businesses and consumers. GST introduced a seamless input tax credit mechanism, allowing businesses to claim credit for taxes paid on inputs, thereby reducing the cascading effect.
Create a Unified National Market: GST aimed to create a unified national market by breaking down inter-state barriers to trade. With the implementation of GST, the concept of “one nation, one tax” was introduced, facilitating seamless movement of goods and services across state borders without additional tax burdens or compliance hurdles.
Promote Ease of Doing Business: GST was envisaged as a measure to improve the ease of doing business in India. By simplifying tax compliance procedures, reducing paperwork, and harmonizing tax rates across states, GST aimed to create a business-friendly environment conducive to investment and entrepreneurship.
Broaden Tax Base and Increase Compliance: Another objective of GST was to broaden the tax base by bringing more businesses into the formal tax net. By making tax evasion more difficult and incentivizing compliance through the input tax credit mechanism, GST aimed to increase tax revenue for the government and promote fiscal sustainability.
Boost Economic Growth: Ultimately, GST was expected to boost economic growth by enhancing productivity, promoting trade and investment, and reducing transaction costs. By rationalizing the tax structure and promoting efficiency in the allocation of resources, GST aimed to contribute to India’s overall economic development.
Overall, the objectives of GST in India were multifaceted, encompassing both economic and administrative reforms aimed at creating a more transparent, efficient, and equitable tax system.
GST Registration Process
Obtaining a GST registration involves a legal process where you must provide extensive details about your business along with specific documents. Deshfilings.com provides a convenient GST registration plan aimed at minimizing your time and effort. With our plan, a skilled GST professional will guide you through the entire process, ensuring a seamless experience from beginning to end.
How to check GST Registration Status?
Checking the Goods and Services Tax (GST) registration status in India is a straightforward process that can be done online through the official GST portal. Here are the steps to check the GST registration status through ARN:
Visit the GST Portal: Access the official GST portal by typing the URL https://www.gst.gov.in/ in your web browser.
Navigate to the GST Services: On the GST portal’s homepage, locate the “Services” tab in the top menu bar and hover your cursor over it. A dropdown menu will appear.
Select “Track Application Status”: From the dropdown menu under the “Services” tab, click on the “Track Application Status” option. This will redirect you to the page where you can track the status of your GST registration application.
Enter ARN or TRN: On the “Track Application Status” page, you will be prompted to enter either the ARN (Application Reference Number) or the TRN (Temporary Reference Number) that was generated at the time of submitting your GST registration application. You must enter the correct ARN or TRN to retrieve the registration status.
Enter Captcha Code: After entering the ARN or TRN, you will be required to enter the displayed captcha code in the provided field. This step helps verify that you are a human user and not a bot.
Click on “Search”: Once you have entered the ARN or TRN and the captcha code, click on the “Search” button. The system will then process your request and display the current status of your GST registration application.
View Registration Status: After clicking on “Search,” the portal will retrieve the registration status associated with the provided ARN or TRN. You will be able to view whether your application is pending for processing, approved, rejected, or any other relevant status updates.
- Take Necessary Actions: Based on the registration status displayed, you can take appropriate actions, such as following up with the concerned authorities if the application is pending or rectifying any issues if the application is rejected. We do this for you.
In addition to checking the GST registration status in India using the Application Reference Number (ARN) or Temporary Reference Number (TRN), individuals and businesses can also track the status through the Permanent Account Number (PAN) using the following steps:
Visit the GST Portal: Start by visiting the official GST portal by typing the URL https://www.gst.gov.in/ in your web browser.
Navigate to the “Search Taxpayer”: On the homepage of the GST portal, find the “Search Taxpayer” tab located in the top menu bar. Hover your cursor over the tab to reveal a dropdown menu.
Select “Search by PAN”: From the dropdown menu, click on the “Search by PAN” option. This will direct you to the page where you can search for taxpayers using PAN.
Enter PAN: Enter the PAN (Permanent Account Number) associated with the taxpayer whose GST registration status you want to check.
Enter Captcha Code: After entering the PAN, you will be required to input the displayed captcha code in the provided field. This step is necessary to ensure that you are a human user and not a bot.
Click on “Search”: Once you have entered the PAN and captcha code, click on the “Search” button. The system will process your request and retrieve the GST registration status associated with the provided PAN.
View Registration Status: After clicking on “Search,” the portal will display the GST registration status of the taxpayer linked to the entered PAN. You will be able to view whether the taxpayer is registered under GST and any other relevant status updates.
- Take Necessary Actions: Based on the registration status displayed, you can take appropriate actions, such as following up with the concerned authorities if the application is pending or rectifying any issues if the application is rejected. We do this for you.
By following these steps, individuals and businesses can easily check the status of their GST registration application online through the official GST portal, ensuring transparency and accountability in the registration process.
GST Registration FAQs
GST stands for Goods and Services Tax, which is an indirect tax levied on the supply of goods and services in India.
GST was implemented in India on July 1, 2017.
The primary purpose of GST is to create a unified taxation system, replacing multiple indirect taxes levied by the central and state governments.
Both the Union and state governments
GST in India is of four types: CGST (Central Goods and Services Tax), SGST (State Goods and Services Tax), and IGST (Integrated Goods and Services Tax) and Union Territory Goods and Services Tax (UTGST)
GST is calculated by applying the applicable GST rate on the transaction value of goods or services.
GST is collected by the Central and State Governments through registered taxpayers.
The GST annual return is a summary of all transactions done during the financial year, filed by registered taxpayers.
An E-way bill is an electronic document required for the movement of goods worth more than Rs. 50,000 under GST.
Yes, a salaried person engaged in any business or providing services on a freelance basis can apply for GST registration if their turnover exceeds the threshold limit.
The five slabs of GST are 0%, 5%, 12%, 18%, and 28%, with some goods and services being exempted from GST.
HSN (Harmonized System of Nomenclature) code is a system for classifying goods under GST based on an internationally accepted system.
SAC (Services Accounting Code) is a 6 digit code for classifying services under GST for the purpose of levying taxes.
The time limit for GST registration is within 30 days from the date on which the individual becomes liable for registration.