Are you gearing up to register your company for GST? Understanding the required documents is crucial to smooth sailing through the process. In this article you will learn about the requirement of GST registration documents for Companies to process GST application quickly. Let’s dive into the essentials you need to know to get your business GST-ready.
What is GST Registration?
GST registration is mandatory for businesses with a turnover exceeding a specified threshold. It’s a unified tax system that streamlines indirect taxation across India.
The threshold varies for different categories of businesses, such as:
- Regular Businesses: For most states, businesses with an annual turnover of over Rs. 40 lakhs for goods and Rs. 20 lakhs for services (Rs. 10 lakhs for special category states) must register for GST.
- Casual Taxable Person: Businesses undertaking occasional transactions that attract GST must also register.
- Non-Resident Taxable Person: Foreign entities providing taxable services or goods in India need to register for GST.
GST registration documents for Companies
- Proof of Identity: This could be any government-issued identification document such as Aadhaar card, passport, voter ID card, driving license, etc. of all the Directors
- Proof of Business Address: Documents like latest utility bills (electricity, water, gas, etc.), or property tax receipt and Rent agreement in case of rent or Sale deed in case of ownership or NOC in case of consent arrangement can serve as proof of address.
- PAN Card: Permanent Account Number (PAN) card of all the directors and company.
- Business Registration Proof: Certificate of incorporation of company.
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Board Resolution: In case of companies, a board resolution authorizing the any person or director to apply for GST registration.
- Letter of Authorisation for appointing a director or any other person as authorised signatory is necessary.
- Photographs: Passport-sized photographs of all directors.
- Digital Signature Certificate (DSC): Class 3 DSC of authorized signatories may be required for filing the GST application.
How to Obtain GST Registration?
- Visit the GST Portal: Go to the official GST portal (www.gst.gov.in).
- Fill the Application Form: Fill in Form GST REG-01 with accurate details.
- Upload Documents: Upload the required documents mentioned above.
- Verification: The application undergoes a verification process by the GST authorities.
- Issue of GSTIN: Upon successful verification, a GST Identification Number (GSTIN) is issued.
Conclusion
Registering your company for GST is a fundamental step towards tax compliance and business growth. By understanding the necessary documents and following the registration process diligently, you can navigate through it smoothly.
So, gather your documents, head to the GST portal, and embark on your journey to GST registration today!
Ensure your business is GST-compliant, and watch it thrive in the competitive market!
