What is GST registration ?

You can use Roy & Ghosh for GST registration or you can do the registration via the GST portal portal yourself.To register yourself, you can follow the following steps:

Log in to the online GST Portal (www.gst.gov.in).

Fill Part-A of Form GST Registration form 1

You will receive an application reference number on your mobile and via E-mail.

You will then need to fill the second part of the form and upload the required documents according to the business type

  • Finally a certificate of registration is issued to you by the department

  • In case of errors and questions, you may need to visit the department

  • Produce the documents within 7 working days along with GST REG-04.

  • The office may also reject your application, if he finds any errors. You will be informed in form GST REG-05 of GST registration regarding the same.

Who all need to get GST registration?

A business entity that is currently registered under any of the existing tax regimes then it is compulsorily required to migrate under GST law irrespective of the threshold limits.The following central and state level tax regimes will end with introduction of Goods and Service Tax (GST)

  • Central Excise duty

  • Service Tax

  • State VAT

  • Central Sales Tax

  • Entry Tax (all forms)

  • Luxury Tax

  • Entertainment and Amusement Tax (except when levied by the local bodies)

  • Purchase Tax

  • State Surcharges and Cesses so far as they relate to supply of goods and services

  • Taxes on lotteries, betting and gambling

But if you are supplying goods and services and not registered under any existing tax legislative then you are liable to register only if the aggregate turnover in any financial year exceeds the threshold limit. The existing threshold limit specified by the GST council is 20 lakhs for all the states except for North Eastern States where the limit is 10 lakhs.