GST Registration Services
Get your GST registration done by professionals. We handle the process to ensure your business complies with GST laws, enabling you to collect and claim GST credits efficiently.
GST Registration is a mandatory requirement under the Goods and Services Tax (GST) Act, 2017, which transformed India's indirect tax system by unifying various state and central taxes into a single combined tax structure. As defined under Sections 22 and 24 of the CGST Act, GST registration is the process through which a taxpayer is recognised under the GST law, allowing them to collect and remit GST to the government.
The most important principle of GST is to create a transparent and efficient tax system that removes the cumulative effect of multiple taxes, known as "tax-on-tax". When your business gets its Goods and Services Tax Identification Number (GSTIN), then your business will be integrated into a nationwide digital tax network, providing you with smooth compliance and improved tax accountability.
Under the GST law, if your business is involved in the supply of goods and services exceeding specified turnover thresholds are required to register for GST. For most states, the threshold limit is ₹20 lakhs for service providers and ₹40 lakhs for goods suppliers. However, special category states have a lower threshold of ₹10 lakhs. If your business does a voluntary registration then your business can get a lot of benefits like improved market credibility and input tax credit claims.
Registering GST for your business is not just a legal thing but also an important factor in running a compliant and competitive business. A valid GSTIN (Goods and Services Tax Identification Number) helps your business to:
- Claim Input Tax Credit (ITC): Offsetting taxes paid on purchases against taxes payable on sales.
- Expand Market Reach: GST registration is often a prerequisite for transacting with larger organisations and government bodies.
- Avoid Penalties: Non-registration can result in penalties under Section 122 of the CGST Act, including fines and interest on unpaid taxes.
The principles of GST are formed on a vision of "one nation, one tax", bringing uniform taxation across India and thus reducing the cumulative effect of taxes. GST is governed by the dual model, where both the central and state governments collect taxes simultaneously, categorised as CGST, SGST, and IGST, depending on the nature of the transaction.
By registering for GST, your business not only ensures compliance with the law but also unlocks operational advantages such as easier interstate trade, improved transparency, and participation in the formal economy. Whether you are a startup, an established enterprise, or an e-commerce operator, GST registration is the first step toward aligning your business with India's modern tax structure.
Why Choose Benchmark
At Benchmark, we simplify the difficulties of the GST registration process, by ensuring that your business stays compliant with all legal requirements under the GST Act. Here's why businesses trust us for their GST registration needs:
- Detailed analysis of turnover thresholds and eligibility under GST law.
- Assistance with the preparation and submission of all mandatory documents, including PAN, Aadhaar, and business registration certificates.
- Streamlined application process through the GST portal to minimise errors and rejections.
- Regular updates on Application Reference Number (ARN) status for timely processing.
- Support for handling complex cases, including multi-location businesses and non-resident registrations.
- Advisory on post-registration compliance such as return filings, amendments, and ITC claims.
Our Services under GST Registration
Our service offerings are made to cover every aspect of GST registration and associated processes, ensuring that your business remains compliant with the latest regulations. From registration to ongoing support, our focus is on precision, compliance, and efficiency.
- Assistance with GST amendments for changes in business details like address, ownership, or turnover category.
- Support for GST de-registration for businesses that fall below the turnover threshold or cease operations.
- Advisory on taxpayer classification under Regular Scheme, Composition Scheme, or Casual Taxable Persons.
- Filing and reconciliation of Input Tax Credit (ITC) claims to maximise tax benefits.
- Guidance on GST technology tools for accurate documentation and compliance tracking.
- Rectification of mismatches in GST filings using advanced data analytics tools.
- Advisory on e-way bill generation and compliance for goods transport.
- Filing applications for Letter of Undertaking (LUT) for zero-rated supplies and exports.
- Assistance with preparing GST-related responses to audit queries and departmental notices.
- Specialised registration services for Non-Resident Taxable Persons and foreign businesses.
Classes of GST Taxpayers and Thresholds
GST categorises taxpayers into different classes based on the nature and scale of their business. These classifications help define compliance requirements, such as the type of returns to file, eligibility for schemes like the Composition Scheme, and applicable turnover thresholds. Understanding these classes helps your business to align its operations with GST provisions and maintain compliance.
| Class of Taxpayer | Description | Threshold Limit |
|---|---|---|
| Regular Taxpayer | Businesses engaged in the supply of goods or services continuously. | ₹20 Lakhs for services, ₹40 Lakhs for goods (₹10 Lakhs for Special Category States). |
| Composition Taxpayer | Small businesses opting for simplified compliance and lower tax rates under the Composition Scheme. | ₹1.5 Crores (₹75 Lakhs for Special Category States). |
| Casual Taxable Person | Businesses or individuals conducting temporary operations in a different state or location. | No threshold; GST registration is mandatory. |
| Non-Resident Taxable Person | Foreign businesses supplying goods or services in India without a permanent establishment. | No threshold; GST registration is mandatory. |
| E-Commerce Operator | Entities facilitate the supply of goods or services through an electronic platform. | No threshold; GST registration is mandatory. |
| Input Service Distributor (ISD) | Entities distributing eligible input tax credits to branches or units within the same PAN. | No threshold; GST registration is mandatory. |
Documents Required for GST Registration
Accurate documentation is crucial for completing the GST registration process without delays or errors. Depending on the type of business entity, the required documents may vary. Ensuring all documents are in order not only expedites registration but also prevents rejection or queries from the authorities.
For Individuals and Sole Proprietorships:
- PAN Card of the proprietor.
- Aadhaar Card of the proprietor.
- Bank account details (copy of passbook, bank statement, or a cancelled cheque).
- Proof of business address (electricity bill, rent agreement, or property tax receipt).
- Photograph of the proprietor (JPEG format).
For Partnership Firms:
- PAN Card of the partnership firm.
- Partnership deed.
- PAN and Aadhaar cards of all partners.
- Bank account details of the firm.
- Proof of business address (electricity bill, rent agreement, or property tax receipt).
- Photographs of all partners.
For Companies (Private Limited, Public Limited, etc.):
- Certificate of Incorporation issued by the Registrar of Companies (RoC).
- PAN Card of the company.
- MOA (Memorandum of Association) and AOA (Articles of Association).
- PAN and Aadhaar cards of all directors.
- Bank account details of the company.
- Proof of business address (electricity bill, rent agreement, or property tax receipt).
- Board resolution authorising GST registration.
- Digital signature (Class 2 or Class 3).
For Limited Liability Partnerships (LLP):
- PAN Card of the LLP.
- Certificate of Registration issued by RoC.
- LLP agreement.
- PAN and Aadhaar cards of all designated partners.
- Bank account details of the LLP.
- Proof of business address (electricity bill, rent agreement, or property tax receipt).
- Digital signature (Class 2 or Class 3).
For Casual Taxable Persons:
- PAN and Aadhaar cards of the individual or proprietor.
- Proof of business address.
- Details of estimated taxable supplies for the registration period.
- Advance tax payment receipt as per GST law.
For Non-Resident Taxable Persons:
- Passport of the individual or authorised signatory.
- Proof of business address in India.
- Bank account details in India.
- Tax identification number or a unique identification number issued by the foreign government.
- Digital signature (if applicable).
GST Registration Process
The GST registration process is conducted entirely online through the GST portal, making it streamlined and accessible. Here's a step-by-step guide to help you understand and complete the registration process efficiently:
Step 1: Determine Eligibility
Assess your turnover and business operations to confirm if GST registration is mandatory or voluntary. And then identify the appropriate taxpayer category (Regular, Composition, Non-Resident, etc.).
Step 2: Prepare the Required Documents
Collect all mandatory documents, such as PAN, Aadhaar, bank details, and business address proof, based on your business type.
Step 3: Access the GST Portal
- Visit the official GST portal: https://www.gst.gov.in.
- Click on the 'Register Now' option under the 'Taxpayers (Normal)' section.
Step 4: Complete Part A of the Application
- Fill in basic details like PAN, mobile number, and email ID.
- Receive the Temporary Reference Number (TRN) via SMS and email.
Step 5: Log in Using TRN
- Use the TRN to log in to the GST portal and access your saved application.
- Enter the OTP sent to your registered mobile number/email for verification.
Step 6: Complete Part B of the Application
Fill in detailed information such as:
- Business name (as per PAN).
- Principal place of business address and contact details.
- Bank account details.
- Authorised signatory details.
- HSN code for goods or SAC code for services.
Step 7: Upload Supporting Documents
Upload scanned copies of all required documents in the prescribed formats and sizes.
Step 8: Verification and Submission
Select the verification option (Digital Signature Certificate (DSC), e-Sign, or EVC). And then apply for verification.
Step 9: Acknowledgment of Application
- Receive an Application Reference Number (ARN) upon successful submission.
- Use the ARN to track the status of your application on the GST portal.
Step 10: Issuance of GSTIN
The application will be reviewed by GST officials. Upon approval, a unique Goods and Services Tax Identification Number (GSTIN) will be issued.
Step 11: Post-Registration Compliance
- Activate your GST account by logging into the GST portal with your GSTIN.
- Begin filing regular GST returns (GSTR-1, GSTR-3B, etc.) and ensure compliance with all GST laws.
Comparative Benefits: Voluntary vs. Mandatory GST Registration
GST registration can be obtained voluntarily or may be mandated by law based on the turnover thresholds and nature of business operations. While mandatory registration ensures compliance with the GST Act for businesses meeting the prescribed criteria, voluntary registration provides unique advantages for entities not legally required to register. Understanding the benefits of each can help businesses make informed decisions.
| Aspect | Voluntary Registration | Mandatory Registration |
|---|---|---|
| Applicability | For businesses below the turnover threshold or exempt from GST registration. | Compulsory for businesses exceeding the turnover threshold or under special categories. |
| Turnover Threshold | No minimum threshold is required for registration. | ₹20 Lakhs for services, ₹40 Lakhs for goods (₹10 Lakhs for Special Category States). |
| Market Credibility | Enhances business reputation and trust, especially with B2B clients. | Legally ensures compliance and eligibility to operate across states. |
| Input Tax Credit (ITC) | Eligible to claim ITC on purchases, improving cash flow and reducing costs. | ITC eligibility applies as per regular GST provisions. |
| Export Benefits | Allows filing of Letter of Undertaking (LUT) for zero-rated exports. | Mandatory for exporters under GST laws to avail of export-related benefits. |
| Interstate Transactions | Facilitates easy interstate supply of goods and services. | Required for businesses engaging in interstate trade. |
| Compliance Requirements | Subject to regular GST filings and compliance, similar to mandatory registration. | Full compliance with GST return filing, tax payment, and audit requirements. |
| Taxpayer Category Options | Businesses can choose the Regular or Composition Scheme, based on eligibility. | The classification depends on turnover and the nature of the business. |
| Penalties for Non-Compliance | No penalties, as registration is optional. | Significant penalties under Section 122 of the CGST Act for failure to register. |
Post-Registration Compliance
GST registration is only the initial step in your GST registration ensuring your business is compliant with the Goods and Services Tax laws. Post-registration, you must follow various compliance requirements to avoid penalties and maintain smooth operations. These ongoing responsibilities are crucial for ensuring that your business remains in good standing with the GST authorities.
Key Post-Registration Compliance Requirements:
- Filing periodic GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.) based on your taxpayer category.
- Maintaining accurate and up-to-date records of all transactions, invoices, and tax filings.
- Reconciling Input Tax Credit (ITC) with vendor filings to avoid mismatches.
- Generating e-way bills for the transport of goods exceeding prescribed limits.
- Updating GST registration details for any changes in business structure, address, or ownership.
- Responding to notices or queries issued by GST authorities within stipulated timelines.
- Ensuring timely payment of GST liability to avoid interest and penalties.
- Managing annual GST compliance, including GSTR-9 and GSTR-9C (if applicable).
- Adhering to reverse charge mechanism (RCM) provisions where required.
- Handling audits and assessments initiated by GST officials.
Non-Compliance Issues
Non-compliance with GST regulations can have severe implications for businesses, both financially and legally. Hence your business needs to follow the GST laws to avoid penalties and ensure uninterrupted operations. Understanding the potential issues arising from non-compliance helps in taking proactive measures to remain compliant.
- Penalties for late or non-filing of GST returns.
- Interest charges on delayed payment of GST liabilities.
- Suspension or cancellation of GST registration by authorities.
- Legal action under the CGST Act, including fines and prosecution.
- Denial or reversal of Input Tax Credit (ITC) due to discrepancies.
- Blockage of e-way bill generation, hindering the transportation of goods.
- Audits and assessments lead to additional scrutiny and compliance burdens.
- Accumulation of tax arrears results in financial strain.
- Negative impact on business reputation and relationships with vendors and customers.
- Restriction on participation in government tenders and contracts.
Conclusion
GST registration is an essential step for any business that wants to establish compliance, enhance credibility, and get hold of numerous benefits, such as Input Tax Credit, interstate trade facilitation, and export incentives. Whether you are a startup, an established enterprise, or an e-commerce operator, staying compliant with GST regulations ensures smoother operations and long-term growth.
At Benchmark, we simplify the GST registration process and ensure your business stays on top of all compliance requirements. From accurate registration to post-registration support, we are committed to making GST compliance hassle-free and efficient for you.
Get in Touch
Contact us now to get started with your GST registration or for expert advice on GST compliance.
FAQs
What is the validity of GST registration?
GST registration is generally valid indefinitely for regular taxpayers, provided they comply with filing requirements and do not opt for cancellation. For Casual Taxable Persons and Non-Resident Taxable Persons, the registration is valid for the period specified during registration, typically not exceeding 90 days, and can be extended upon request.
Can GST registration be transferred in case of business ownership changes?
Yes, GST registration can be transferred to the new owner by filing an application for amendment on the GST portal. The process involves updating the authorised signatory details, providing relevant documents, and notifying the GST authorities. This ensures uninterrupted compliance under the new ownership.
Is it mandatory to display the GSTIN on invoices and premises?
Yes, as per GST rules, businesses must prominently display their GSTIN (Goods and Services Tax Identification Number) at their principal and additional places of business. Additionally, the GSTIN must be included on all tax invoices issued to customers.
How long does it take to complete the GST registration process?
Typically, GST registration takes 7-10 working days, provided all documents are accurate and there are no discrepancies. Delays can occur due to incorrect details, verification issues, or pending clarifications requested by GST authorities.
Can I apply for multiple GST registrations under the same PAN?
Yes, a business can apply for multiple GST registrations under the same PAN if it operates in multiple states or has different business verticals. Each state or vertical requires a separate GST registration to comply with local regulations.