Master The Art of GST Registration With These Top Tips

Here we are going to discuss some importance facts about GST. Did you ever think about when GST Registration is required for a business owner? I thought, you are not. OK NO problem. Let us discuss here. The GST arises in certain cases like

  • If your annual turnover is above 20 lakhs
  • If the annual turnover is above 10 lakh in special states like Assam, Jammu & Kashmir, Himachal Pradesh, etc.)
  • Your business is an e-commerce business
  • If you pursue an inter-state business
  • Tax Payment under reverse charge process
  • You are force to pay taxes under section 9 and sub-section (5)
  • Non-resident to pay taxes in taxable supply

How can we register under GST?

  1. Use your permanent Account Number, mail ID and mobile number to fill the GST REG-01 and submit it.
  2. After the PAN verification verify your mobile number and mail ID with generating one time verification process.
  3. Store the Application reference number sent to your mobile number and mail ID for further verification process.
  4. When required put your ARN number with supporting documents and submit.
  5. If there is any additional data required fill out the GST REG-03 form and submit
  6. After the verification process a certificate of registration will get issued within 3 working days.

Documents required for Goods & Service Tax Registration

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Here I am going to discuss some important documents required for GST Registration or GST Filing. Let us discuss what they are.

  1. Incorporation certificate
  2. Authorized countersigner’s Photo
  3. Promoter or the partner’s Photo is a mandatory requirement
  4. Proof of business address which can be electricity bill or property tax receipt or any other utility bill or the rental agreement copy.
  5. The copy of resolution passed by the Managing Committee
  6. Acceptance letter or letter of authorization
  7. Copy of your bank statement, cancelled cheque or the first page of your Pass Book

How can I track the status of the Registration?

Log on to GST gov website, then click on the service tab. After that select the Registration menu and choose the track application status option from the given options. Click on the ARN number and click search. The status will be published in the screen and it will sent to your registered given mobile number and mail ID.

Also the alternative option is to check the status is logging in the following ways.

Login to GST gov website with the help of your credentials. Click the service option then select the Registration of GST menu. Then click the Track application status, and after that enter your ARN and click on search.

Important truths about Goods & Service Tax Registration

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The business which are having an annual turnover over 20 lakh is required to register the GST. There are some states which allows the turnover 10 lakh for getting GST Registration. Those states are Arunachal Pradesh, Assam, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh, and Uttarakhand. Likewise, you have to attain GST in case if you are a supplier in more than 1 states. The GST of the state which you are supplying goods in are required.

Goods & Service Tax Registration

In such cases you can register in a single state as the main one and the remaining are the additional ones. These cases are not applicable when your business is having separate business verticals according to the section 2(18) of the CGST Act, 2017. There is no further charges to register the GST. Registration of GST failing can cause the due amount of minimum 10,000 or 10% of amount due. In case of international taxes the penalty can be 100% of the owed taxes.

Taxation Hacks

Taxation is divided into two competence areas known as Indirect taxes and Income Tax Laws. Indirect taxes covers GST (Goods and service tax) and it is a path breaking disaster introduced in July 1, 2017. Goods and service tax mainly intend to paving the way with common tax at national level by removing the common barriers. GST mainly in existence with the goal to reduce the ill effects of cascading and improving the competitiveness. Here in GST, all the central level taxes (Excise duty, central service tax, service tax) and state taxes (state level- VAT) are subsumed to avoid different tax rates.  

GST in India

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India is a welfare state, and it strive hard to reduce the developmental needs of the country and the people. The main way to reduce such need is to augment the charges of taxes. GST is considered as the instrument of fiscal policy to the socio-economic growth of the Government. What is a tax? A tax is a pecuniary burden laid upon individuals or group of property owners to supports the Indian Government. The taxes are exacted by legislative authority. GST is an enforced contribution and an exacted pursuant to the Democracy.  By using these taxes from the public, they used to provide public limited services.

Two kinds of tax

There are two kinds of taxes. Direct taxes and Indirect taxes. Direct tax is a kind of tax which is imposed by the government on the taxpayer and it have to pay directly to the Govt. It cannot be replaced by the taxpayer to someone else. The important tax in India is Income tax.Indirect taxes are the one which is shifted by the taxpayer to someone else. The Incidence of the indirect taxes are borne by the taxpayer who consumes the product or services.

Consumption taxes

The immediate responsibility to pay the taxes are fall upon another person such as manufacturer, provider or seller of the goods and services. Indirect taxes are also known as Consumption taxes and those are regressive ones because they do not have the principle of ability to pay. Earlier the indirect taxes charged in India were Excise duty, customs duty, service tax, central sales tax, value added tax (VAT), Entry tax, purchase tax, tax on lottery, gambling and betting, luxury tax, advertisement taxes etc. GST Filing is a multi-stage collection of taxes where the taxes are collected at every stages & the credit of tax paid at the early stage etc. are available here.

Features of Indirect Taxes

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We can broadly classify the features of an Indirect taxes as below.

Important source of revenue: Indirect taxes are the main important sources of revenue of Indian Government. It contributes more than 50% of the total tax remuneration of Central and State Government.

Commodity and service tax: The tax can be charged on the goods at the time of exporting/ importing, manufacture, purchasing or sale. It is termed as commodity taxation as well as service taxation.

No direct pinch: Most of the taxpayer do not know that they are paying tax to the Government. The value of the taxes are inbuilt in the pieces of commodity.

Burden shifting:

Indirect taxes are the clear shifting of tax burden. if the supplier want to pay the GST, then he will charge those GST from the buyers by including the tax in the goods.

Inflationary trend:

The tax charged on the services and goods may affects directly on the prices and it leads to inflationary trends.

Extensive Tax base: Indirect taxes are having an extensive tax base. Majority of the goods and services are subject to the indirect taxes with low threshold


If you want to file your GST, reach Corpstore in Coimbatore. Our expert team will assist you to make your GST Registration hindrance free. Our services includes trademark registration, DSC Registration, IE Code Registration etc. If you have any query, feel free to contact our experts team.

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