Step-by-step Process Guide to Online GST Registration

Generally, GST is a tax on goods and services that India imposes. As an indirect tax, GST has the following characteristics. Several indirect taxes that existed prior to the Goods and Services Tax Act were replaced, including the GST and Value Added Tax (VAT), service tax, purchase tax, and excise duty.

Online GST Registration Threshold limit

In order to register for GST, you must have a minimum income of Rs 40 lakhs. A GST registration is now mandatory for all businesses with a turnover over Rs 40 lakhs. It used to be limited to Rs 20 lakhs earlier.

Needed Documents for GST Registration Process

• PAN card
• Aadhaar card
• Photocopies of owners' and promoters' passports with proofs of their addresses and ID
• Details about your bank (bank statements, passbooks, or canceled checks)
• A proof of business address to support the claim
• Registrar's certificate or proof of incorporation of a business
• Digital signature
• The letter of authorization for the authorized signatory

The Step-by-step Guide to Online GST Registration

Here is a step-by-step method that will help you register for GST online:

• Visit the official GST website (gst.gov.in) 
• You can register by clicking on the 'Register Now' button under the 'Taxpayers' tab then ‘New Registration’
• You will need to fill in the necessary details such as your business name, PAN number, email ID, and mobile number.
• Enter the Captcha details and then proceed.
• Your mobile number and email address should be entered along with the OTP you received.
• You will see a number called a Temporary Reference Number (TRN). To help you in the future, note the TRN.
• Click 'Register' under the 'Taxpayers' menu on the GST service portal then Select TRN
• Taxpayers have to file the captcha and the TRN
• Choose the option and you will get an OTP again
• Users can proceed with entering this OTP and click
• Upon completing the online GST registration application, you will receive a status report. Select the 'Edit' icon on your right-hand side.
• Please fill out as many details as possible and attach scanned copies of the documents.
• The declaration must be checked after clicking the button labelled 'Verification'.
• Add your digital signature.
• The screen will display a success message and you will receive an Application Reference Number (ARN
• The portal lets you know how the ARN is doing.

Read also: Amendment Process in GST Registration: Step by Step Guide

Important FAQS About GST Registration

Who Should Get Registartion Number of GST?

• GST registration is mandatory for businesses with a turnover over Rs. 40 lakhs, according to the Goods and Services Tax Act, 2017. The turnover of the business exceeds Rs 40 lakhs. The turnover requirement is Rs 10 lakh for Himachal Pradesh, Uttarakhand, Jammu & Kashmir, and northern states.

GST Registration Threshold Limit for restaurant/services/jewelry/traders

• The GST registration requirement is mandated in most states for restaurants that generate more than Rs 20 lakh in revenue. Restaurants in special category states must register for GST if their revenue exceeds Rs 10 lakhs each year. The policy applies to manufacturers, traders, and service providers as well. An enterprise is charged GST if its aggregate turnover is above the threshold limit. A business must charge GST on all goods and services sold after it registers under GST.

What are the different types of GST registrations?

• Regular taxpayer - Those who operate a business in India would qualify for this type of GST registration. A Composition Taxpayer applies under the GST Composition Scheme in order to register as a Composition Taxpayer. Those who register under the casual tax regime are listed under Category C. d) A non-resident taxpayer.

Is GST applicable to my business?

• There is a mandatory requirement for GST registration. There is no way for a business entity or organization to conduct business if they have not registered under GST guidelines.