GST registration is essential for businesses or professionals in India. It can be mandatory based on turnover or voluntary for those below threshold limits. This document covers the meaning, process, fees, documents, and penalties associated with GST registration.
Latest Updates
17th April 2025: CBIC issued Central Tax Instruction No. 03/2025-GST for streamlined processing, mandatory documents, and verification steps.
12th February 2025: GSTN advisory for Aadhaar and biometric authentication; applicants categorized based on authentication options.
What is GST Registration
- Mandatory for businesses exceeding turnover of Rs. 40 lakh / 20 lakh / 10 lakh depending on location and type.
- Composition scheme threshold: Rs. 1.5 crore / 50 lakh.
- Mandatory for certain businesses irrespective of turnover.
- Unregistered entities conducting business when required to register are liable to penalties.
- Takes 2-6 working days.
Who should obtain the GST registration?
- Pre-GST law registrants (Excise, VAT, Service Tax, etc.)
- Businesses above the prescribed turnover limits
- Interstate suppliers, Casual taxable persons, Non-residents
- E-commerce participants and aggregators
- Government departments deducting TDS
- Suppliers of online information/database services from outside India
- Suppliers of online money gaming from outside India
Benefits of GST registration
- Input Tax Credit eligibility
- Unrestricted interstate trade
- Access to online platforms
- Improved credibility and competitiveness
All about the GST registration process
- Apply online at GST portal using Form REG-01
- Keep all necessary documents ready
- Experts at Clear can assist for faster processing
GST Registration Fees
- No government fee for self-registration on GST portal
- Private consultants may charge a service fee for assistance
Documents Required for GST Registration
- PAN of the applicant
- Aadhaar card
- Proof of business registration/Incorporation certificate
- ID & Address proof of promoters/directors with photos
- Business address proof
- Bank statement or cancelled cheque
- Digital Signature
- Letter of Authorization or Board Resolution
GSTIN
- 15-digit unique identification number issued post-registration
- Must be quoted in invoices and returns
- Key for vendor verification and compliance
GST Registration Certificate
- Issued after successful registration
- Includes legal and trade name, GSTIN, business addresses, jurisdiction, authorized persons
- Must be displayed at principal place of business
Penalty for not obtaining GST registration
- 10% of tax amount due (minimum Rs.10,000) for genuine errors
- 100% of tax amount for deliberate tax evasion