• PAN of the Applicant
•  Aadhaar card
•  Proof of business registration or Incorporation certificate
•  Identity and Address proof of Promoters/Director with Photographs
•  Address proof of the place of business (Rent agreement/ Electricity bill/ telephone bill)
•  Bank Account statement (not older than a month)/Cancelled cheque
•  Digital Signature
•  Letter of Authorization/Board Resolution for Authorized Signatory
•  No objection certificate from the owner of the property (if rented)

1. What is GST and GSTIN?

Goods and Services Tax(GST) is a comprehensive tax levied on supply of goods and services across India including manufacturing. From 1st July, 2017 GST has replaced most of Centre and State imposed indirect taxes like VAT, Service Tax , Excise etc. Goods and Services Tax Identification Number (GSTIN) is a 15 digits state-wise PAN-based number to be used to identify businesses registered under GST.

 

2. Does GST apply to a business selling online with turnover less than 20 lakhs?

GST regulations are applicable if your annual turnover is Rs. 20 lakh or above and becomes mandatory on crossing the limit of Rs.19,00,000 in previous financial year( for special category states it is Rs. 9,00,000). If you are selling your goods through online platforms like amazon, GST is mandatory.

 

3. A runs a trading business in Manipur. His annual turnover is Rs. 15 lakh. Do I need to register under GST?

Businesses in the Northeastern and hill states with annual turnover below Rs.10 lakh have been kept out of the GST net. Since A’s turnover is exceeding the limit of Rs. 10 lakh, GST registration is mandatory.

 

4. What are the disadvantages of not registering under GST?

Not eligible claiming input of the tax paid on purchase from supplier 
Not eligible to pass on credit of purchase to your supplier. This is possible only if are able to issue a GST invoice

 

5. Who is an existing taxpayer?

An existing taxpayer is an entity currently registered under any State or Central laws, like Central Excise, Service Tax, State Sales Tax or VAT (except exclusive liquor dealers if registered under VAT), Entry Tax, Luxury Tax, Entertainment Tax (except levied by the local bodies)

 

6. Do I need PAN to apply for GST registration?

PAN is mandatory to apply for GST registration (except for non-resident person who can get GST registration on the basis of other documents)

 

7. Is there any concept of composition scheme still there under GST?

Yes, the entities with an annual turnover of Rs 1.5 cr and less can avoid collecting GST by opting for the Composition Levy.

 

8. Is there any time Limit for GST Registration?

New dealers crossing the specified threshold limit need to get registered within 30 days from crossing of such limit.

 

9. I need to get my business registered in multiple locations within Delhi. Do I need to apply separately for each location?

If you have multiple places of businesses in same state, you can get them all registered under a single GST registration application. Just give the name of your registered business place as primary place of business and other branches can be added as additional places of business at no additional cost without any limit.

 

10. Who is a non-resident taxable person under GST?

When you occasionally make supply of goods/services as a principal or agent or any other capacity, in a taxable territory, where GST applies but you don’t have a fixed place of business in India. As per GST you will be treated as a non-resident taxable person. Key pointers: 
Registration shall be valid for 90 days. 
It can be further extended by 90 days. 
An advance deposit of tax liability for the period of registration must be made. Additional tax must be deposited if extension of registration is sought. 
This tax deposited shall be used like ‘input credit’.

 

11. How will business returns be filed under GST Law?

Under the GST law, currently, a normal taxpayer will be required to furnish 2 returns monthly and one annual return I.e. GSTR 3B and GSTR 1). However, small sellers with annual turnover less than Rs 1.5 crore can opt to file GSTR 1 quarterly. Similarly, there are separate returns for a taxpayer registered under the composition scheme and a taxpayer registered as an Input Service Distributor. To know about Due dates, Click here

 

 12. Is electronically signing the registration Application using the DSC mandatory?

Electronically signing the Registration Application using DSC is mandatory for Companies, Foreign Companies, Limited Liability Partnership (LLPs) and Foreign Limited Liability Partnership (FLLPs). For other taxpayers, electronically signing using DSC is optional. Your Teller will assist in obtaining DSC

 

13. I have business in Punjab and Haryana. Do I need separate GST registrations in the two states?

Yes, if place of business are in two different states you need to apply for seperate registration even if business PAN is same.

 

14. I registered my business under GST in August 2017. When do I need to start filing GST returns?

You are required to file GST returns form the month in which you got registered or the date when GST got implemented(i.e 1st July)[WHICHEVER IS LATER] . If your business is registered in GST in August, you need to file return for period starting from 1st August, 2017 in September.