Gst registration procedure by mohmed amin mir
Download as PPTX, PDF1 like504 views
The document outlines the procedure for Goods and Services Tax (GST) registration in India. 1. It involves declaring PAN, mobile number and email ID, validating these details, and generating a temporary reference number. 2. An application is then filed providing documents, and an acknowledgement is issued upon deposit of tax. 3. The application is verified, and if in order, registration certificate is granted within 3-7 days assigning a GST Identification Number.
![ISSUE OF REGSITRATION CERTIFICATE
Where application is approved [Under Rule-9], a Certificate of Registration in
FORM GST REG-06 showing the PPoB & APoB shall be made available to the
application on the common portal
GSTIN is assigned & Communicated within 3 days after grant of registration
Every certificate is duly signed or verified through electronic verification code
by the Proper Officer
Format of GSTIN
3
State Code PAN Entity Code Check Sum
Character
Z](https://image.slidesharecdn.com/gstregistrationprocedurebymohmedaminmir-190729100714/85/Gst-registration-procedure-by-mohmed-amin-mir-4-320.jpg)
Gst registration procedure by mohmed amin mir
- 1. PROCEDURE OF GST REGISTRATION By Dr. Mohmed Amin Mir Assistant Professor Department of Commerce & Management Studies Islamia College of Science & Commerce (Autonomous with CPE Status) Srinagar - 190002, Jammu & Kashmir, India
- 2. PROCEDURE OF REGSITRATION 1. Declare of PAN, Mobile & Email ID Every Person liable for registration & Voluntary registration Declare state or UT Apply in PART-A of FORM GST-01 2. Validation/Verification of PAN, Mobile & Email ID Validation & Verification 3. Generation of Temporary Reference Number (TRN) Communicated to the applicant on the said mobile number and email address 1 Particulars Validation/Verification Through PAN Validated Online Database maintained by the CBDT Mobile No Declared Verified Onetime password sent to the said mobile number Email ID Declared Verified Separate onetime password sent to the said email address
- 3. PROCEDURE OF REGSITRATION 4. Apply in Part-B of GST REG-01 Using TRN Electronically submit application duly signed or verified through electronic verification code alongwith documents specified in the said Form at the common portal 5. Issue of Acknowledgement Electronically to the applicant in FORM GST REG-02 CTP gets TRN for making an advance deposit of tax in his electronic Cash Ledger & acknowledgement is issued only after said deposit 6. Verification of the Application and Grant of Certificate a. If Application Found in Order: Approved by Proper Officer within 3 working days b. If Application found to be Deficient i. Proper Officer issue notice Electronically in FORM GST REG-03 within 3 working days ii. Clarification, information or documents electronically furnished in FORM GST REG-04 within 7 days working days iii. If satisfied, registration is granted in FORM GST REG-06 within 7 working days. IF not satisfied, application rejected 2
- 4. ISSUE OF REGSITRATION CERTIFICATE Where application is approved [Under Rule-9], a Certificate of Registration in FORM GST REG-06 showing the PPoB & APoB shall be made available to the application on the common portal GSTIN is assigned & Communicated within 3 days after grant of registration Every certificate is duly signed or verified through electronic verification code by the Proper Officer Format of GSTIN 3 State Code PAN Entity Code Check Sum Character Z
- 5. Important Points Regarding Registration under GST i. Single Registration ii. State wise Registration (for all branched in different states) iii. Different Branches in a State i. Need not to take multiple registrations ii. Such entity would have single registration wherein it can declare one place as PPoB (place of business specified as the principal place of business in the certificate of incorporation) & other branches as APoB iv. Separate Registration for each Business Verticals in Single State i. Business Vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services which is subject to risks and returns that are different form those of the other business verticals v. Separate registrations on a single PAN for multiple Business Verticals in a State or UT vi. Physical Verification of Business Premised vii. Display of GSTIN viii. Registration by SEZ ix. One year Limitation for Voluntary Registered Person 4
- 6. Important Points Regarding Registration under GST x. Cancellation of Registration i. By Proper Officer on his own motion or ii. On application filed by registered person or iii. On application filed by legal heirs (in case of death of registered person) xi. Circumstances of Cancellation a. Business has been discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of or b. There is any change in the constitution of the business or c. The taxable person (other than Voluntary Registered person) who is no longer liable to be registered u/s-22 or 24 d. When registered person has contravened provisions of the Act like: i. Does not conduct any business from the declared place of business or ii. Issues Invoice/bill without supply of goods/services iii. Violates the provisions of the Sec-171 of the CGST Act (Anti-Profiteering Measures e. Where registered person has not furnished returns for a continuous period of 6 months f. Voluntary registered person has not commenced the business within 6 months from the date of registration g. Where the registration has been obtained by means of fraud, wilful misstatement or suppression of facts xii. Cancellation Does not affect Liability for any period prior to the date of Cancellation xiii. Deemed Cancellation 5