GST Registration

GST Registration

Under the present GST registration process, every individual or company that supplies goods and services has to register under Goods and Service Tax (GST). So, if you run a business with an annual turnover that exceeds Rs.20 lakh (in all Indian states, other than north-eastern states) then you will have to register with GSTN (Goods and Service Tax Network).

Once you have registered under this regime, you will receive a unique GSTIN (Goods and Service Tax Identification Number). The Central Government issues a state-wise, 15-digit number to you once you complete registration. There are many advantages of GST registration including the fact that you will get a legal identity as a supplier. You can also avail input tax credit and collect GST from recipients of goods and services.

Documents Required For GST Registration

Take a look at the documents you will need to upload while apply for GST Registration.

– PAN card of the applicant

– Partnership deed or incorporation certificate

– PAN cards, voter IDs or Aadhaar cards of promoters and/or partners

– Address proof of the business by in the form of an electricity bill, rent or lease agreement or for an SEZ, documents issued by the government

– Bank account statement of the company, firm or individual