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Documents Required for GST Registration in India

3 min read
Documents Required for GST Registration in India

India is one of big and critical tax system in world. India is waited long for having simplified and updated tax system to grow tax revenue which is essential for running such huge country. That’s why GST comes in picture. Current government worked hard to establish new and simplified tax system.

What is GST?

Goods and service tax is applicable on both goods as well as services offered. This law was launched all over India with effect from 1st July 2017 by the Prime Minister and Finance Minister of India. The Jammu and Kashmir passed its GST act on 7th July 2017. The idea was first initiated by Finance Minister in his budget for the year 2006-2007.GST contains 4 blocks namely:

  • 0% GST rate
  • 5% GST rate
  • 12% GST rate
  • 18% GST rate
GST Registration in India

Purpose for implementing GST in India:

All the taxes like octroi, excise, sales tax, service tax which would first fall under indirect tax now all comes under one umbrella called GST. Implementation of GST will overcome double charging system which drastically helps to reduce the price of goods and services helping common man to save their hard earned money.

GST system offered many benefits to all stakeholders like retailers, manufacturers, suppliers and central as well as state government. Lets see some of many benefits of gst.

Advantage of implementing GST is:

  • Saving of money
  • Contribution towards employment
  • Generate revenue
  • Reduction in tax evasion
  • Growth in GDP

Who should obtain GST registration?

  • Every person who is registered in an earlier law (i.e., Excise, VAT, Service Tax etc.) needs to register under GST too.
  • Every business whose turnover in a financial year exceeds Rs 20 lakhs and in case of North Eastern and hill states Rs 10 lakhs.
  • Anyone who carry interstate supply of goods.
  • Casual taxable person
  • Non resident taxable person
  • Agents of supplier
  • E – Commerce operator
  • Every person who is supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person needs to register under GST

Document required for GST registration

Whenever you will decide to obtain GSTN you need to submit following documents as per the nature of your business.

GST Registration Documents Required for Private Limited/ Public Limited/ One Person Company:

If your business falls under above types of companies you need to submit scanned copy or Xerox copy of following document.

  • PAN card of the company
  • Registration Certificate of the company
  • Memorandum of Association (MOA) /Articles of Association (AOA) needed.
  • You need to submit PAN card, photograph and aadhar card of all Directors
  • Bank details such as a copy of cancelled cheque or bank statement required.
  • Address proof of   place of  business and additional place of  business such as
    in case of Own office  : Copy of electricity bill/landline bill/ water bill/ municipal khata copy/ property tax receipt
    In Case of Rented office:  Rent agreement and No objection certificate (NOC) from the owner
  • You need to submit Proof of appointment of authorized signatory which is letter of authorization.

Documents required for HUF’S

If your business falls under HUF category then you need to submit following documents

  • Pan card of HUF
  • Photograph, Pan Card and aadhar card of Karta
  • Submit Address proof of Principal place of business and additional place of business to government:
    In case of Own office – Copy of electricity bill/landline bill/ water bill/ municipal Department copy/ property tax receipt
    In case of Rented office – Rent agreement and No objection certificate (NOC) from the owner.
  • You need to give Bank details such as a copy of cancelled cheque or bank statement

You can contact on GST helpline numbers for more details and help in any GST related query. You can also take help of nearest tax consultant or CA.

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