Online GST Registration Process: Eligibility and Penalties Included

On the 1st of July 2017, GST came into effect after replacing the indirect taxes like VAT, duty, services tax, etc. Since then every individual and organization has to get them registered under GST. MoF (Ministry of Finance) has simplified the registration of GST to relieve the tax filing process. Here’s how the registration process goes on but first let’s go through the eligibility criteria.

Eligibility Criteria for GST Registration

Aggregate Turnover

Any service provider who offers a service value that exceeds Rs.20 Lakhs is required to acquire GST registration.

Inter-State Business

If any service provider supplies goods and services interstate, then he/she shall register for GST. Interstate entities with an annual turnover exceeding Rs.20 Lakhs have to do the same.

E-commerce Platform

Any service provider serving goods & services via an e-commerce platform is entitled to register for GST.

Casual Taxable Persons

Any service provider undertaking goods supply intermittently or seasonally via a shop or temporary stall must apply for GST.

Voluntary Registration

Voluntary registration is possible by any individual. However, the individual who register voluntarily couldn’t surrender for a year.

Also Read: Forgot Your Aadhar Number Or Enrolment ID: Know How To Find It Online Here

GST Registration Process Step by Step

Part A

Step 1: Visit the official GST portal (https://www.gst.gov.in/)

Step 2: Go to services then Registration and finally to the New Registration option

Step 3: Fill in taxpayer type, state name, legal name of entity/business, permanent account number, and email address

Step 4: Hit Proceed button

Step 5: Generate TRB by finishing OTP Validation

Step 6: After verification, TRN (Temporary Reference Number) will be sent to your mobile number and email address

Part B

Step 1: Hit Services > Registration > New Registration and select the TRN button to get logged in

Step 2: Now enter TRN generated and fill Captcha text. Hit Proceed

Step 3: Enter OTP you received on email or mobile to verify. Hit Proceed

Step 4: My Saved Application page will be displayed. Now click the Edit icon

Step 5: Here you will find ten tabs that demand your business details, authorized signatory, promoter/partner details, goods & service detail, Aadhaar authentication, state information, principal and additional place of business, and verification

Step 6: Hit the Save and Continue option. Sign it digitally via DSC and Proceed once again

Step 7: After submission, you will get ARN (Application Reference Number) through SMS or email to confirm your registration

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Penalty For Not Registering Under GST

As it is already stated above all businesses are required to register GST. In case you fail to do so, you will be charged 10% of the tax amount payable ranging maximum of Rs. 10, 000.

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