To obtain this, you need a valid mobile number (an India number), email address and PAN (Permanent Account Number) for the business. Go to official GST portal – https://www.gst.gov.in/ and under the services tab, choose Services > Registration > New Registration.
Similarly, Can I register GST online? GST registration is mandatory for all eCommerce Sellers Citizen can apply for New GST by Registrating online without Visiting the Govt. office.
Then, Can I get GST number without shop?
Even sole proprietors and partnership businesses can apply for and obtain a GSTIN. small taxpayers need to file only eight returns, including four GSTR-3B and GSTR-1 returns, saving them from having to file 16 returns. The following individuals and organisations should mandatorily have a GSTIN in India.
And Where can I get a GST certificate? To view or download the certificates issued by the GST tax authorities, perform the following steps:
- Access the www.gst.gov.in URL. The GST Home page is displayed.
- Login to the GST Portal with valid credentials.
- Click the Services > User Services > View/Download Certificates command.
Where do I file GST? Step 1: Use the GST portal that is www.gst.gov.in. Step 2: Based on your state code and PAN number, a 15 digit number will be issued. Step 3: Each invoice that you have needs to be uploaded. Against each invoice, a reference number will be issued.
Is bank account compulsory for GST registration?
The GSTIN is not mandatory when you set up your Current Account with any bank. However, when you register under the GST scheme, you do require a functional Current Account. Therefore the business owner does not have to pay GST on Current Bank Account set up or functioning.
How much does GST number cost?
Important Facts about GST Registration
There is no payable fee upon registering for GST. Every business with an annual aggregate turnover of over Rs. 20 Lakhs must register for GST.
Is GST compulsory?
Is GST registration mandatory? Yes, you are required to obtain GST registration once your turnover exceeds the specified threshold limits.
How long does it take to register for GST?
GST registration usually takes between 2-6 working days. A defaulter not paying tax or making short payments has to pay a penalty of 10% (genuine reasons) of the tax amount due subject to a minimum of Rs 10,000.
What is GST registration certificate?
GST Certificate is issued to people who are registered under GST. Those are having GST registration certificate are mandatorily required to display the registration certificate prominently at their place of business. Downloading GST certificate is a pretty easy process.
Can I file GST return myself?
GST returns can be filed online using the software or apps provided by Goods and Service Tax Network (GSTN) which will auto-populate the details on each GSTR forms. Listed below are the steps for filing GST return online: Step:1 Visit the GST portal (www.gst.gov.in).
What are the steps to file GST?
Summary of GSTR Return Filing
- Step 1- Log in to the GST portal.
- Step 2- In the “Services” menu, click on the “Returns Dashboard”
- Step 3- Select the “Financial Year” and the “Return Filing Period”
- Step 4- Then, select the GST return type from the oprions available on the screen.
How do I pay GST?
To make the GST payment post-login to the GST Portal once the challan is generated, perform the following steps:
- Access the https://www.gst.gov.in/ URL. …
- Login to the GST Portal with valid credentials.
- Access the generated challan. …
- Select the CPIN link for which you want to make the payment. …
- Select the Mode of E-Payment.
Is GST compulsory for small business?
However, any business whose turnover exceeds Rs 40 lakh in a financial year is required to register under GST. This limit is Rs 20 lakh for service providers. This higher threshold under GST has brought compliance relief to many small businesses, including startups in India.
Can I do business without GST?
GST exemption for start-ups and small businesses
Any business with a turnover of less than Rs. 40 lakhs is recognised as a GST-exempt business. Businesses that have a lower annual aggregate turnover than Rs. 1.5 crores can avail of a composition scheme under GST.
What are the documents required for GST registration for a company?
Ownership deed/document (only in case of owned property) Lease / Rental Agreement (in case of leased / rented property) – To be submitted along with (1), (2) or (3)
…
**Address proof: Anyone of the following documents must be uploaded:
- Property tax receipt.
- Municipal khata copy.
- Electricity bill copy.
Can a salaried person apply for GST?
A salaried employee will not be covered under GST. The service rendered by an employee to the employer will not be covered under service tax.
Can individual apply for GST?
One can apply for GST by visiting the online GST portal and following the steps mentioned above. However, an individual may visit the GST Seva Kendra set up by the Government of India to apply for GST offline. All you need to do is fill up the form, present the necessary documents, and submit them to the authority.
What is GST fee?
GST is a comprehensive indirect tax that has replaced many levies from the manufacturer to supplier to customer. The Goods and Service Tax Act, which was passed in the Parliament on March 29, 2017, came into effect on July 1, 2017.
Is GST mandatory for small business?
However, any business whose turnover exceeds Rs 40 lakh in a financial year is required to register under GST. This limit is Rs 20 lakh for service providers. This higher threshold under GST has brought compliance relief to many small businesses, including startups in India.
Is bank account required for GST registration?
The GSTIN is not mandatory when you set up your Current Account with any bank. However, when you register under the GST scheme, you do require a functional Current Account. Therefore the business owner does not have to pay GST on Current Bank Account set up or functioning.
WHO issued GST certificate?
Finally, a certificate of registration will be issued to you by the Goods and Services Tax department after verification and approval in Form GST REG-06.
Do you have to pay GST if you earn under 75000?
If your GST turnover is below the $75,000, registering for GST is optional. You may choose to register if your GST turnover is below the $75,000 threshold, however this means that once registered, regardless of your turnover, you must include GST in your fees and claim GST credits for your business purchases.
Is CA required for GST filing?
Entities required to file GST annual return having an aggregate turnover of over Rs. 2 crores in a financial year must get the annual GST accounts audited and certified by a practising Chartered Accountant. Know more about GST Return Due Dates.
What is ITR?
Income Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during the year.
Is GST return monthly or quarterly?
Brought into effect from 1st January, 2021, the Quarterly Returns Monthly Payment (QRMP) scheme is one that allows registered taxpayers with an aggregate turnover of up to INR 5 crores in the previous financial year to file returns on a quarterly basis and make tax payments on a monthly basis.