Get Professional Assistance for GST Registration in India

IMC Group is a leading company that offers GST registration services in India. We can help you align all your business processes to be GST compliant without disrupting the functioning of your company.

‘One India, One Tax’. Ever since Goods and Services Tax (GST) got introduced it has resulted in a reasonable transparency and ease in doing business. However, for companies registered under the pre-GST laws, it is still a major hurdle to shift to the new GST platform without adequate guidance. Even for companies that are newly formed, it can be quite tiresome and complicated to keep a track of the GST regulations applicable to them.

What is GST Registration?

GST Registration is a mandatory process for businesses that exceed a specified turnover threshold of Rs. 40 lakh, Rs. 20 lakh, or Rs. 10 lakh, depending on the case. This registration categorises them as regular taxable entities under the Goods and Services Tax (GST) framework.

Registration is compulsory for certain types of businesses. Operating without GST registration when required is considered a legal infringement, attracting severe penalties under GST law.

The process of obtaining GST registration typically spans 2 to 6 working days.

Essential Aspects of GST Registration

The Goods and Services Tax (GST) system in India is built on three fundamental elements:

Central Goods and Services Tax (CGST): Levied by the Central Government, this tax applies to the supply of goods and services within a single state. CGST is confined to transactions within state boundaries
State Goods and Services Tax (SGST): As stated by the State Government, SGST applies to the supply of goods and services within the state, similar to CGST
Integrated Goods and Services Tax (IGST): Charged by the Central Government to supply goods and services across different states or between a state and a Union Territory. IGST applies to inter-state transactions, including those involving Union Territories

Who is required to register for GST?

Registration for GST is mandatory for

Business Entities

Firms with a yearly turnover exceeding Rs. 40 lakhs must register, though the threshold is reduced to Rs. 20 lakhs for particular category states

Service Providers

Those achieving a turnover above Rs. 20 lakhs, with a limit of Rs. 10 lakhs for particular category states

Exemptions

Businesses dealing solely in GST-exempt goods or services are not required to register under GST

Previously Registered Entities

Organizations previously registered under old tax laws like Excise, VAT, or Service Tax must transition to GST

Inter-State Suppliers

Suppliers involved in the inter-state movement of goods

Casual Taxable Persons

Individuals or entities engaging in taxable transactions on an occasional basis

Reverse Charge Mechanism

Entities must pay tax under the reverse charge mechanism

Input Service Distributors & Agents

Distributors and agents of input services

E-Commerce Platforms

Operators or aggregators involved in e-commerce

Non-Resident Taxable Entities

Non-resident individuals or businesses that supply goods or services within India

Supplier's Agents

Agents supplying goods or services on behalf of another

E-Commerce Suppliers

Those providing goods or services through e-commerce platforms

Online Service Providers

Overseas entities offering online information, database access, or retrieval services to individuals in India who are not already registered under GST

GST Registration Documents Requirements

Sole proprietor / Individual

For Partnerships

PAN Card: Required for all partners, including managing partners and authorised signatories
Partnership Deed: A copy of the deed
Photographs: JPEG format images of all partners and authorised signatories, each with a maximum size of 100 KB
Address Proof: Acceptable documents include a passport, driving license, voter identity card, or Aadhaar card

Authorised Signatory Documents

LLP Specific Documents

For Companies (Public and Private, Indian and Foreign)

Authorised Signatory Documents

Directors’ Documents

PAN card and address proof (required for all directors)
Photographs in JPEG format of all directors and the authorised signatory, each with a maximum size of 100 KB
Bank Account Details
Principal Place of Business: Address proof required
This structured format ensures the document is user-friendly and information is easily accessible

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How to Register for GST in India? – Steps for GST Registration

GST registration in India requires adherence to particular prerequisites and submitting specific documents.

The process for GST registration in India is entirely digital and can be efficiently completed through a series of straightforward steps. Our team is adept at guiding clients through every phase of the GST registration process, from preparing and drafting necessary documents to submitting the entire application. Below, we outline the steps we follow to facilitate a smooth and trouble-free GST registration for our clients:

Step-1: Documentation

Preparation of documents is crucial and depends on your business type and activities. Ensuring these documents are ready in advance is vital to prevent delays during online registration. A comprehensive list of required documents is provided above.

Step 2: Register on the GST Portal

Registration begins with filling out basic details on the GST portal, including the type of entity, entity name, PAN number, and the state/UT where the business is located. This initial information is crucial for successful registration.

Step-3: OTP-based Verification

Registration is linked to the applicant’s PAN. To proceed, it’s necessary to link the PAN with the applicant’s Aadhar, mobile number, and email for OTP verification.

Step-4: TRN Generation

Upon entering the PAN, OTPs are sent to the registered mobile number and email. After validating these OTPs, a Temporary Reference Number (TRN) is generated. This TRN is crucial for continuing the application and is valid for 15 days, necessitating the completion of the process within this timeframe.

Step 5: Complete the GST Application Form

Log in to the GST portal with the TRN and access the GST REG-01 application form. Fill in the required details and upload the necessary documents, including information about the business, promoters/partners, location, products/services, and authorised individuals. Once filled, the form must be verified using the authorised signatory’s DSC or EVC.

Step-6: Issuance of GSTIN

After the form and documents are submitted, the application is processed typically within 10 to 15 days. Following successful verification, a unique GSTIN is assigned to the business, which can be used to check GST registration status and meet other GST-related requirements.

Benefits of GST Registration for Businesses

Registering for GST brings several advantages to businesses:

Legal Compliance: Ensures adherence to tax laws, helping avoid penalties
Input Tax Credit: Allows businesses to claim back GST paid on purchases, offsetting the GST due on sales and reducing overall tax dues
Inter-State Trade Facilitation: Promotes more straightforward trade across state lines without tax barriers
Elimination of Cascading Taxes: Prevents the compounding effect of taxes, lowering the cost of goods and services
Competitive Advantage: GST compliance builds trust with potential clients, increasing business opportunities
Access to Bigger Markets: Large companies often prefer to work with GST-registered suppliers
Improved Cash Flow: Efficient tax handling helps manage cash flow
Better Credit Rating: A positive GST compliance record can enhance a company’s creditworthiness
Legal Protection: GST registration safeguards a business’s rights
Streamlined Processes: The GST system simplifies filing returns and paying taxes online
Transparency in Operations: Promotes accurate record-keeping, enhancing trust and professionalism

The GST Certificate

The GST Certificate is an essential document issued by the Indian government to businesses registered under the Goods and Services Tax (GST) system. It verifies a business’s registration and includes details like the GST identification number, business name, and address.

Importance of the GST Certificate

Authority to Collect Tax: Authorizes businesses to collect GST from customers.

Tax Credit Utilization: Enables businesses to claim tax credits on operational expenses and purchases.

Additionally, the GST Certificate plays a crucial role in several other areas:

Loan Applications: These are required by financial institutions to verify a business’s legitimacy.

Government Tenders: Needed to demonstrate tax compliance when participating in government procurement processes.

Enhanced Market Presence: Demonstrates a commitment to adhering to national tax laws, bolstering market reputation.

Penalties for Failing to Register for GST

For Non-Payment or Underpayment: Should a taxpayer fail to pay or underpay the required tax, a penalty equal to 10% of the due tax amount is imposed. It should be noted that although there is no fee for GST registration, non-compliance penalties can be substantial.

Deliberate Tax Evasion: In cases where an individual or business intentionally evades paying taxes, a penalty of 100% of the evaded tax amount is applied.

Why Choose IMC for GST Registration in India?

Do Your Registration From Anywhere

We are here to assist you with any queries and do the documentation for you.

Streamlined & Simplified Processes

We’ve simplified and streamlined all the processes for you to make it quick and simple to get your company started.

Transparent Pricing Model

We do not burden you with any hidden fees. There’s just one cost to get you up and running.

Dedicated Support

You can always get help and advice, our GRC tool helps us track deadlines.

Why Should You Opt for GST Registration in India?

As a company, you would be legally recognized as a supplier of goods and/or services
It ensures accurate accounting of taxes paid on input goods and/or services
You gain legal authority to collect tax from your purchasers and pass on the credit of the taxes paid on the goods or services supplied to recipients
Your company will have the competitive edge over other unregistered competitors who won’t have valid tax registration
If you plan to expand your business online through your own website or other e-commerce websites like Amazon, Paytm, etc. you must need a GST Identification Number (GSTIN)to sell your products online

Services Offered by us

GST Registration FAQs

A GST Identification Number, or GSTIN, is a 15-digit number based on the taxpayer’s PAN. It is assigned to each taxpayer in every state they operate during the GST registration process. After the GST officer approves the GST registration application, the business receives its unique GSTIN.

As per the regulatory requirements, businesses must register for the Goods and Services Tax (GST) if their annual revenue exceeds Rs. 40 lakhs. This threshold is reduced for enterprises in certain particular category states, such as Arunachal Pradesh, Manipur, and Nagaland. Additionally, e-commerce businesses may need to register for GST, irrespective of turnover.

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