GST Registration

GST registration is mandatory for businesses whose turnover exceeds a certain threshold or those who are involved in specific activities. It allows businesses to collect GST on sales and claim input tax credit (ITC) on purchases.

When is GST Registration Required?

• Threshold Limit: Businesses with a turnover exceeding the threshold limit must register for GST. The limits depend on the type of business and state:

For Goods: ₹40 lakhs for most states, ₹20 lakhs for special category states.

For Services: ₹20 lakhs for most states, ₹10 lakhs for special category states.

• E-commerce Operators: Any business selling through an e-commerce platform must register for GST.
• Inter-State Supply: Businesses involved in inter-state supply of goods or services need to be registered for GST, regardless of turnover.
• Voluntary Registration: Even businesses with a turnover below the threshold can opt for voluntary registration if they wish to avail of input tax credit and operate as a larger business.

How to Register for GST

• Go to the GST Portal: Visit the official GST website (https://www.gst.gov.in).
• Fill out GST Registration Form (GST REG-01): Provide details like PAN, business name, address, and details of the business activity.
• Submit Documents: Upload the required documents, including:

PAN Card

Proof of Business Registration (e.g., Partnership Deed, Certificate of Incorporation)

Address Proof (e.g., utility bill)

Bank Account Statement or Cancelled Cheque

Photographs

• Verification and ARN (Application Reference Number): Once submitted, your application will be verified. An ARN will be generated, and you can track the status of your application on the GST portal.
• GSTIN Generation: If everything is in order, you will receive your GSTIN (GST Identification Number) and certificate of registration.

Types of GST Registration

• Regular GST Registration: Standard registration for businesses, subject to all GST provisions.
• Composition Scheme: For small businesses with turnover below ₹1.5 crore (for goods). They pay tax at a fixed rate and cannot claim input tax credit.

GST Amendments

Amendments refer to changes or updates made to the details provided during the GST registration process. These amendments may be necessary if there is a change in business information or structure.

When Are Amendments Required?

• Change in Business Name: If your business undergoes a name change.
• Change in Business Address: If your registered business address changes.
• Change in Business Type: If you switch between different business structures (e.g., sole proprietorship to partnership).
• Change in PAN Details: In case of a change in your PAN details, such as due to a business acquisition or transfer.
• Addition of Business Activities: If you start dealing in goods/services that were not previously part of your business operations.
• Change in Contact Details: When your phone number or email address changes.

How to Amend GST Registration

• Log in to the GST Portal: Use your credentials to log in to the portal.
• Go to 'My Profile': Select the 'Amendment of Registration' option.
• Select the Relevant Fields for Amendment: Update the relevant fields (e.g., name, address, business activity, etc.).
• Submit Supporting Documents: If required, upload any supporting documents (e.g., proof of address, PAN card, etc.).
• GST Portal Verification: Once the amendment request is submitted, the GST portal will verify the details.
• ARN Generation: After verification, an ARN will be generated for the amendment application.
• Approval: The amended GST registration certificate will be issued, which includes the updated details.

Types of Amendments

• Minor Changes: Changes like updating business contact details, adding new business activities, etc.
• Major Changes: Changes such as changes in the business structure (e.g., from a proprietorship to a partnership), change in PAN, or a change in the GSTIN.