How to Get GST Number in India: A Step-by-Step Guide
If you’re a business owner in India, it’s crucial to have a Goods and Services Tax (GST) number. The GST is an indirect tax that has replaced multiple indirect taxes like VAT, excise duty, service tax, etc. in India. A GST number is a unique identification number that is required for all businesses in India that have a turnover of more than Rs. 20 lakhs. In this blog post, we will go through the steps to get a GST number.
Step 1: Determine Your Eligibility
The first step to getting a GST number is to determine whether you are eligible to apply for one. As mentioned earlier, any business that has an annual turnover of more than Rs. 20 lakhs (Rs. 10 lakhs for northeastern states) is required to register for GST. Additionally, businesses that engage in inter-state sales or provide services outside their state of registration are also required to register for GST.
Step 2: Gather Required Documents
Once you have determined your eligibility, you will need to gather the necessary documents to apply for a GST number. These documents include:
- PAN card of the business or proprietor
- Proof of business registration, such as a partnership deed or certificate of incorporation
- Address proof of the business, such as an electricity bill or rent agreement
- Bank account details
- Authorized signatory details, such as an Aadhaar card and PAN card
Step 3: Register Online
You can register for a GST number online by visiting the GST portal at https://www.gst.gov.in/. You will need to create an account and fill out the registration form. The registration form will ask you to provide your business details, such as your business name, address, and contact details. You will also need to provide the documents mentioned in step 2.
Step 4: Submit Your Application
Once you have filled out the registration form and uploaded the required documents, you can submit your application. The application will be verified by the GST authorities, and you will receive a GST number once your application has been approved.
Step 5: Verify Your GST Number
Once you have received your GST number, it is important to verify it to ensure that it is valid. You can verify your GST number on the GST portal by entering your GST number in the search box. If your GST number is valid, you will be able to see the details of your business.
Additional Information
Here are some additional points to keep in mind when applying for a GST number:
- The GST registration process can take up to 7 working days, so plan accordingly.
- If you are a casual taxable person, i.e., someone who occasionally supplies goods/services, you can register for GST under the Casual Taxable Person category.
- If you are a non-resident taxable person, i.e., someone who is not based in India but supplies goods/services in India, you can register for GST under the Non-Resident Taxable Person category.
- If your business has multiple locations in different states, you will need to register for GST in each state separately.
Final Conclusion
Getting a GST number is a simple process that can be completed online. By following the steps outlined above, you can get your GST number and ensure that your business is compliant with Indian tax laws. Don’t forget to verify your GST number once you receive it to ensure that it is valid.
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Here are some FAQs related to getting a GST number in India:
Q. What is a GST number?
A GST number is a unique identification number that is required for all businesses in India that have a turnover of more than Rs. 20 lakhs. It is a 15-digit number that is used to identify a business for tax purposes.
Q. Who needs a GST number?
Any business that has an annual turnover of more than Rs. 20 lakhs (Rs. 10 lakhs for northeastern states) is required to register for GST. Additionally, businesses that engage in inter-state sales or provide services outside their state of registration are also required to register for GST.
Q. How do I apply for a GST number?
You can apply for a GST number online by visiting the GST portal at https://www.gst.gov.in/. You will need to create an account and fill out the registration form. The registration form will ask you to provide your business details and upload the necessary documents.
Q. What documents do I need to apply for a GST number?
You will need to provide the following documents to apply for a GST number: PAN card of the business or proprietor, proof of business registration, address proof of the business, bank account details, and authorized signatory details.
Q. How long does it take to get a GST number?
The GST registration process can take up to 7 working days, so plan accordingly. Once your application has been approved, you will receive your GST number.
Q. Can I apply for a GST number offline?
No, you cannot apply for a GST number offline. The process is completely online, and you will need to create an account on the GST portal to apply for a GST number.
Q. What happens if I don’t get a GST number?
If you are required to register for GST and do not do so, you may be subject to penalties and fines. It is important to ensure that your business is compliant with Indian tax laws by getting a GST number if required.
Q. Can I cancel my GST registration?
Yes, you can cancel your GST registration if you are no longer required to be registered under GST. You can do so by submitting an application for cancellation of registration on the GST portal.