GST Registration
Under GST Act, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states)
is required to register as a normal taxable person. It usually takes between 3 to 7 working days.
1.Normal Taxpayer
2.Composition
3.Casual Taxable Person
4.Input Service Distributor (ISD)/Suppliers Agent
5.Non Resident Taxable Person
6.Non-Resident Online Services Provider
7.UN Body/ Embassy/ Other Notified Persons
8.Special Economic Zone (SEZ) Developer/SEZ Unit
9.Tax Deductor or Tax Collector at Source.
10.Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
11.Those paying tax under the reverse charge mechanism basis
12.Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.
Documents Required for GST Registration
1.PAN of the Applicant, Mobile Number & Email Id.
2.Aadhaar card
3.Proof of business registration or Incorporation certificate
4.Identity and Address proof of Promoters/Director
5.Photographs
6.Address proof of the place of business
7.Bank Account statement/Cancelled cheque
8.Digital Signature
9.Letter of Authorization/Board Resolution for Authorized Signatory.
GST Return
GST return is a document that contains the details of the income of the taxpayer. This document needs to be filed with the tax authorities. It will be used by the authorities of tax to calculate the tax liability. Business owners and dealers who are registered under GST must file two monthly GST returns and one annual GST returns.
Form | Particulars | Frequency | Due Date |
GSTR - 1 | Outward supplies Return | Monthly | 11th of the next month. |
GSTR - 2 | Inward supplies Return | Monthly | 15th of the next month. |
GSTR - 2A | Read-only documents for the recipient, to verify the details uploaded by the seller in GSTR-1. | Monthly | 15th of the next month |
GSTR - 3 | Auto populated document based on the details filled in GSTR-1, GSTR-2 and tax liability of any preceding period. | Monthly | 20th of the next month |
GSTR - 3B | Inward and Outward supply summary | Monthly | 20th of the next month |
GSTR - 4 | Return for composition dealers | Quarterly | 18th of the next month ending the quarter for which return needs to be filed. |
GSTR - 5 | Return for Non-resident taxable person | Monthly | 20th of the next month. |
GSTR - 6 | Return for Input service distributor | Monthly | 13th of the next month. |
GSTR - 7 | Return for taxpayers which are required to deduct TDS. | Monthly | 10th of the next month. |
GSTR - 8 | Return to be furnished by the E-commerce platform which is required to collect TCS. | Monthly | 10th of the next month. |
GSTR - 9 | Annual return for normally registered taxpayers. | Annual | 31st December following the financial year-end. |
GSTR - 9A | Annual return for taxpayers registered under the composition scheme. | Annual | 31st December following the financial year-end. |
GSTR - 9B | Annual return for E-commerce platforms that are required to collect TCS. | Annual | 31st December following the financial year-end. |
GSTR - 9C | Annual return for the taxpayers who are required to get the accounts audited by CA. | Annual | 31st December following the financial year-end. |
GSTR - 10 | Annual return for the registered taxpayer whose GST registration got cancelled | Once, after the registration of GST is cancelled or surrendered. | Within 3 months from the date cancellation or the date of cancellation; whichever is later. |
GSTR - 11 | Return for Unique Identification Number holders. | Monthly (as per applicability) | 28th of the next month in which the inward supplies are received. |
