GST Number Made Easy: Step-by-Step Online Application Process

The Structural Simplification Tax known as the Goods and Services Tax (GST) has changed the operational manner of companies operating in India. From the above analysis it is clear that GST has filled the gap of having a single comprehensive tax structure for businesses and the consumer. This credit-based system has been simplified for traders and businessman, but for the entrepreneurs or the company who want to be finely tuned into the new GST-oriented world, they must apply for a GST number. With inputs from experienced GST professionals, this blog post aims to provide a clear-cut guide to different phases of applying for a GST number online so that you can avail GST number without much hassle.

What is GST?

It is important then to know what GST is before venturing into the application process. The goods and services tax is a single text structure that has replaced several indirect taxes that used to be imposed by both the central and state levels of government. The GST is laid down to be charged on the supply of goods and services and had the following objectives: Introduce a smooth structure of Taxes, do away with the vicious cycle of taxes called the tax on tax and increase efficiency of compliance.

A Goods and Services Tax number or GSTIN is a fifteen digit alphanumeric code assigned to a GST registrant. This number is particularly important for firms whose sales exceed the prescribed limit that, for most states, stands at ₹20 lakh.

Importance of having a GST Number

1. Compliance: Every business entity or individual paying tax under GST must have a GST number while GST returns are legal formalities for business entities having turnover exceeding set limit.
2. Input Tax Credit: Under the GST regime registered businesses can avail credit on their purchases which in-fact reduces their tax liability.
3. Business Legitimacy: Besides, Civil servants and clients recognize an organization that has GST number and will automatically transact with your business because they know you are real.
4. Inter-State Sales: Interstate sales and purchases are quite simple for organizations registered under GST without worrying much about compliance.
5. E-commerce Registration: For entities carrying on business electronically, it is mandatory for them to have GST number in order to sell goods and services electronically.

Step-by-Step Online Application Process to Get GST Number

It is easy to get GST number through online if the following procedures are followed. The process is initiated through the GST Portal (https:Here you will have to register yourself as a new taxpayer on the GST portal available on the website.

Step 1: Access the GST Portal

1. Visit the GST portal at finodha.
2. Click on the “Services” tab, followed by “Registration” and then “New Registration.”

FStep 2: Apply GST online Form

1. Part A: It is recommended that you complete Part A of the application. Input your basic details, including:
2. The place with legal jurisdiction where your business is located This is refer to as the legal address of the business.
3. Your PAN (Permanent Account Number).
4. Your email address and / or your mobile number.
5. Upon submittance of Part A, you will be required to input an OTP received through registered mobile number and email. Enter the OTP to proceed.

Step 3: Proceed with Part B of the Application

• Part B of the application will load once you complete the process of verifying your mobile number and email address.
• Provide Your Business Details: Please, input your business name, type of business and business address.
• Details of Promoters: Give details of the identification of the promoter or partners of the business.
• Additional Information: You will have to provide such information as:
• Bank account information.
• Business website business phone number: if available.
• Kind of business (proprietorship, partnership, company and so on).

Step 4: Upload Required Documents

You are going to be asked to submit some special papers in order to finish the application. These typically include:

A copy of your PAN.

A business registration authenticated document such as the certificate of incorporation or partnership deed.

Photocopy and scanned copy of Aadhaar card, passport, Voter ID of the promoters/directors.

License to operate the business, tax pin, utility bill, rental agreement of the business premises.

They should be well written and easy to read especially to reduce time taken to process them.

Step 5: Submit the Application

As a result, you fill in all the necessary and possible details and upload the required documents, checking the information. By clicking on the ‘Submit,’ button you will finalize the application process.

Step 6: ARN Generation and GST Number Receipt

After successful filing, the GST portal will produce the Application Reference Number (ARN) for you, which you may save for later use.

Once the application is being reviewed by the GST department, within 3-5 working days, the applicant will receive the GSTIN through registered email and SMS.

Step 7:  Post-Registration Steps

Once you receive your GST number, remember to:

Place it where people can easily see it such as your business place and invoices.

Meet the filing compliance by filing your GST returns on time.

And I would ensure I kept records of all the input tax credit benefits.

Due to the frequently asked question (FAQs) format, it is easy to understand why it is useful for combining large quantities of related pieces of information.

1. Which are the necessary documents required for GST registration?

They consist of PAN, proof of business registration, Identity proof, Address proof of business premise and photographs of the promoters.

2. How can I get a GST number and how long does it take?

As a rule, it takes 3 up to 5 business days to obtain your GST number after application.

3. Am I right in saying that a Foreign Company can apply for GST Number in India?

Still, if a foreign company is supplying goods or services in India, they can apply for the GST number.

4. GST registration is available is there any fee firm getting GST registration

Well, GST registration is not like a service you will pay for, it is free of charge.

5. Where or how can I go wrong when filing GST applications?

As a matter of fact, it is possible to change some details in the application, should you discover that you have made a mistake before submitting the application. Once an application has been granted, changes can be made through an amendment application and receive a new GSTIN.

6. Consequently, if you fail to apply for GST registration then HMRC will register you by default and assign you a GCC.

It is also important for you to know that if your business’s turnover is above the prescribed limit, you cannot avoid registration and if you do not register for GST, you will be liable for penal action.

Conclusion

It is very important for such businesses in India to get a GST number so as to operate legally with taxes and also to utilize the advantages of GST. Through the online application of GST number, the people can get theGST number without any problem if they follow the mentioned steps thoroughly. For more help and information on GST or any other financial matters, go to Finodha for professional help. Check whether your business is GST compliant and prepared for the modern tax environment!