GST Registration For Pvt Ltd/LLP / Partnership
The process of GST registration for a private limited company, LLP or partnership is similar to the registration process for any other type of business entity. Here's a step-by-step guide on how to register for GST:
Visit the GST portal (www.gst.gov.in) and click on the 'Services' tab.
Under the 'Registration' option, click on 'New Registration'.
Fill in the required details such as the legal name of the entity, the state or union territory where it is registered, the Permanent Account Number (PAN), email ID, and mobile number.
Enter the captcha code and click on the 'Proceed' button.
You will receive an OTP on your registered mobile number and email ID. Enter the OTP in the appropriate field and click on the 'Proceed' button.
The Temporary Reference Number (TRN) will be generated and sent to your registered email ID and mobile number.
Log in to the GST portal again using the TRN.
Fill in the details of the business entity such as the name, type of entity, PAN, state or union territory, address, and contact details.
Upload the required documents such as the PAN card, identity proof, address proof, and bank statement.
Verify the details and documents submitted and sign the application using a Digital Signature Certificate (DSC) or an Electronic Verification Code (EVC).
After successful verification, you will receive a certificate of registration with a unique GSTIN (Goods and Services Tax Identification Number).
It is important to note that GST registration is mandatory for businesses with an annual turnover of Rs. 40 lakhs or more (Rs. 20 lakhs or more for businesses in special category states). Failure to register for GST may result in penalties and interest. Therefore, it is advisable to seek professional help if necessary to ensure compliance with GST regulations.