GST Registration in Delhi
GST is combination of Sales tax, Excise and Other indirect tax laws applicable on sale of goods and services. Implementation of GST is the biggest indirect tax reform in India since independence, increasing the taxpayer base in India. This GST law has subsumed multiple local and central taxes into a single tax system application PAN India. Further, registration under Goods and services tax is compulsory once an entity crosses the minimum turnover limit as prescribed under the Act (which is currently Rs.20 Lakh). In the Present GST regime, all entities involved in buying or selling goods or providing services or both are required to register under GST, whereas entities without GST registration cannot collect GST.
Further, entities in special states with an annual turnover of Rs.10 lakhs (increased to Rs.20 Lakh subject to state power) and above would be required to register under GST. All entities in rest of India (except special states) would be required take GST registration if annual turnover exceeds Rs.20 lakhs (increased to 40 lakh subject to state power). There are also other provisions in the law, according to which an entity liable for obtaining GST registration irrespective of annual sales turnover. Application for GST registration shall be made within 30 days from the date on which the entity became liable for registration under GST.
We at TaxMuneem offers a variety of services like Company and Firm Registration, GST Registration and Return Filings, trademark filing and more. TaxMuneem helps you obtain GST registration in 7 working days, subject to time taken for approval by the government department and client documents submission. We assure to provide hassel and error free service at your desk in minimum time.
All Fees and Taxes to be paid to Govt.
Class 2 Digital Signature for Registration of Authorized Signatory
PAN Card of the Business or Applicant
Proof of Business Registration or Incorporation Certificate
Identity and Address Proof of Signatories
Photograph of Signatories
Address proof of Place of Business
Any Other documents/information
1 day time to gather necessary documents.
1 day time to Register Digital Signature, if not available.
1 day time to file online application for GST Registration.
5 working days to process application by the Government
Those entities which are involved in supplying of goods or services with an aggregate annual turnover of Rs. 20 lacs are mandatorily required to be registered in most states. However, the limit reduces to Rs. 10 lacs in case of special category states. It would be at the option of states to choose another threshold limit of Rs. 40 lacs recently decided in 32nd Meeting of GST Council.
Registration under GST is mandatory in case the entity is engaged in inter-state supply of goods or services, irrespective of aggregate annual turnover. However, exemption has been given vide notification in case of inter-state supply of goods only.
Yes, entities involved in the supply of goods or services through e-commerce platforms are mandatorily required to be registered under GST, irrespective of aggregate annual turnover. Hence, sellers on Amazon, Flipkart, Snapdeal, Paytm, etc. are compulsorily required to be registered under GST.
Yes, even after generating TRN, there is an OTP requirement every time you log in to the GST Portal till the time registration is completed.
Following documents are required:
- PAN of the GST Registration Applicant
- Copy of Aadhar Card/Voter ID
- E-mail ID and Mobile No. of the
- Business Registration document like Incorporation Certificate, Partnership deed or registration certificate. In case of proprietor, the same is not required.
- Address proof for Place of Business like Rental or Lease agreement, copy of electricity bill or latest property tax receipt or Municipal Khata copy, etc.
- In case of company, NOC from the director, Board Resolution
Prima facie, there is no such requirement while registration. But, when you will log into the GST Portal for the first time after registration, it will ask for the bank account details to proceed further for which application for amendment in non-core fields need to be submitted.
Yes, composition scheme can be opted by any taxpayer whose turnover in the preceeding financial year is less than Rs. 1.5 crores.
No, one PAN holder is liable to take single registration in each state. However, for separate business verticals, he may opt to take separate registration at his option.
No, service providers except restaurants are not eligible for composition scheme.
Yes, such person can opt out of it later. Also, such taxpayer would be eligible for ITC on the stock available by furnishing details of stock within 30 days from the date of such conversion.
No, an ISD is required to take registration only in the state from where he makes a taxable supply of goods or services. He is not liable to take registration in the states in which input is distributed.
Registration for CTP or NRTP is valid for a time span of ninety days from the effective date of registration. It may be extended by the proper officer for a further period of ninety days on the request of the said taxable person.
While there is no such liability on the normal taxpayer, a CTP or NRTP shall deposit in advance an amount equivalent to estimated tax liability at the time of submission of application for registration. Yes, an application for refund of excess tax may be deposited at the time of surrender of registration.
The applicant must wait for 15 days from the date of generation of TRN. The new TRN can be generated afterwards.