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FAQs Regarding GST Registration

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GST registration is a must for all businesses in India, as well as for some service providers. For those who are curious about it, there are plenty of FAQs that explain the process better. Common inquiries include eligibility criteria, application requirements, documents needed, and if a unique tax identification number is applicable. Additionally, people might want to know if their current liabilities or exemptions fall under GST and how long they must wait for their certificate.

In case of small traders, they are liable to take registration if they supply goods outside the state (interstate supply) or their turnover is more than 40 lacs#.

Note: In case of service provider the limit of turnover shall be 20 Lacs.

(#The turnover limit for goods and services is 10 Lacs for the person doing business in Manipur Mizoram, Tripura and Nagaland.)

(#The limit of goods and services for turnover is 20 Lacs for the person doing business in Meghalaya, Arunachal Pradesh, Sikkim, Telangana, Uttarakhand and Puducherry)

Yes, any person in India can himself voluntarily get registered under GST. [Section 25(3)]
If the turnover exceeds the specified limit, the person is required to take registration within 30 days from date on which turnover exceeded the limit.

No, there is no requirement to visit any GST office anywhere, the process of GST registration is paperless and online completely. A person simply can visit the following link and register himself after prescribed procedure.

Link: https://reg.gst.gov.in/registration/

For the purpose of submitting, accepting, declaring any kind of statement a person can either do the same with OTP or with help of DSC (if registered).
No, PAN card is a primary requirement for a person to obtain GST registration.
It depends upon the facts, if a person wants his business to be registered then all the details from the perspective of business will go. But if the person himself wants to get registered as a proprietor, then he needs to fill details of his own.

TRN stands for Temporary Registration Number which is obtained after filling the data of PART A of registration (basic details).

TRN is valid for 15 days that implies if a person has filled data in PART-A then he is required to fill the PART-B for registration.

In case the TRN is lost then a person is required to obtain a New TRN after filling PART-A of registration.

The registration under GST is state wise, a person who is liable to take registration is required to take registration in each state where he is doing business from.

In case a person is facing difficulties while managing multiple places in a particular state, then such person can obtain multiple registration in a state also under same PAN.

There is no such limitation that only one registration shall be given in a state.

No, the principal place of business cannot be a place which is located outside the state in which registration is obtained.

The principal place of business shall be located in the state where the registration is sought.

An electricity bill, Municipal Tax Receipt, Tax Bill or Index Copy along with Lease Deed, rent agreement as the case may be shall be provided.

In case lessee or the property is owned by another family member then a person can obtain No Objection Certificate (NOC) and can submit it as a proof along with any documents above

The HSN/SAC are codes for classification of goods and services. These codes are recognized globally.

A person can add maximum up to 5 HSN/SAC related to their products.

Any person possessing a DSC (Digital Signature Certificate) can register his DSC in GST for the purpose of compliance.
On the Submission of application, the person will receive Acknowledge Reference Number (ARN). Person needs to simply visit the GST Portal and track the status via ARN.

Under the Composition Scheme, businesses can opt for a lower compliance burden and pay tax at a lower fixed percentage of their turnover, instead of following the regular GST procedures.

A person opting for composition tax levy is required to inform via GST CMP-02 prior to commencement of Financial Year.

The turnover of the person shall not exceed 1.5 Crores in Current or preceding Financial Year to be eligible for Composition Scheme.

Composition Levy can be opted by supplier of goods or services or both.

Composition taxpayer needs to pay tax and furnish a statement, every quarter or part thereof, as the case may be, in FORM GST CMP-08.

Further he has to furnish a return for every financial year or part thereof, as the case may be, in FORM GSTR-4.

A non-resident taxable person is also required to make an advance deposit of tax in an amount equivalent to the estimated tax liability of such person for the period for which registration is sought.

Similarly, where actual liability is less than pre deposit of Estimated Tax Liability then refund of difference shall be granted to NRTP.