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Registration Quick Links. New Registration; Track Application Status; Application for Filing Clarifications
Register for GST, track application status, and file clarifications on the GST portal.
Sep 7, 2020 · Learn how to register for GST online as a small proprietorship firm with step-by-step instructions and documents required. Find out how to use Aadhar authentication, EVC verification and bank account details to get the GST certificate.
- Go to GST portal. Click on Services. Then, click on the ‘Registration’ tab and thereafter, select ‘New Registration’.
- Enter the following details in Part A
- Enter the two OTPs received on the email and mobile or the PAN-linked contact details. Click on Continue. If you have not received the OTP click on Resend OTP.
- You will receive the 15-digit Temporary Reference Number (TRN) now. This will also be sent to your email and mobile or PAN-linked contact details.
- Sole Proprietorship
- GST Registration For Proprietorship
- Eligibility For GST Registration For Sole Proprietorships
- When to Get GST Registration For Proprietorship Firm?
- Is It Mandatory to Have A GST License For A Sole Proprietor Firm?
- Benefits of GST Registration For Proprietorship
- Bank Account Requirement For GST Registration
- New GST Registration Documents For Proprietorship
- GST Registration For Proprietorship – Application Procedure
- Conclusion
A proprietorship is a business structure where a single individual owns and manages the company. A sole proprietorship does not require compulsory registration. Registering a sole proprietorship under any specific law or act is not mandatory. However, certain licenses and registrations, such as GST or MSME registration, may be required depending on...
GST, or Goods and Services Tax, is a unified indirect tax system introduced by the Government of India to replace multiple taxes levied on goods and services. It is a destination-based tax applicable throughout the country, ensuring a streamlined taxation process. GST registration is mandatory for businesses whose turnover exceeds the prescribed th...
While GST registration is a critical step for compliance, not all sole proprietorships are mandated to register. The requirements vary primarily based on the annual turnover and the nature of the business. Additionally, certain types of sole proprietorship businesses are required to register for GST irrespective of their turnover. Here is a detaile...
GST registration for a proprietorship is required in the following situations: 1. When the annual revenue of the proprietorship exceeds 40 lakh rupees: If the proprietorship firm’s annual turnover crosses the threshold limit of 40 lakh rupees (or 20 lakh rupees for some particular category states), it becomes mandatory to register for GST. 2. When ...
A GST (Goods and Services Tax) license is not mandatory for a sole proprietor firm in India unless certain conditions are met. The requirement for GST registration depends on the turnover and nature of the business activities. 1. As mentioned above, If the annual turnover of the sole proprietor firm exceeds the prescribed threshold, currently set a...
Obtaining GST registration for sole proprietorship business offers several advantages, including: 1. Legitimacy and Compliance: GST registration establishes the legitimacy of a proprietorship business, enabling it to operate within the legal framework. It ensures compliance with tax regulations and helps build trust among customers and business par...
For GST registration, a single proprietorship firm must have a bank account. The proprietor must open a bankaccount specifically for the sole proprietorship firm and conduct all business transactions related to the firm through that account. The bank account should be in the name of the sole proprietorship firm to ensure proper identification and t...
To register for GST as a sole proprietorship in India, you’ll need to prepare and submit a set of specific documents that verify your identity, address, and the legitimacy of your business. Here’s a comprehensive list of New GST Registration Documents for Proprietorship:
To obtain GST (Goods and Services Tax) registration for a proprietorship, you can follow the procedure outlined below:
Navigating business regulations like GST registration is essential for staying compliant and competitive. GST registration is vital for proprietorships that meet certain criteria, offering legal credibility and financial benefits such as tax credits and the ability to conduct inter-state business. Properly understanding and managing this process is...
May 28, 2024 · GST Registration Documents List. Category of persons. Documents required for GST registration. Sole proprietor / Individual. – PAN card of the owner. – Aadhar card of the owner. – Photograph of the owner (in JPEG format, maximum size – 100 KB) – Bank account details*. – Address proof**.
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Enrol/ Register with GST. 00:38:01. Training Kit: Registering with GST. You can register with GST as a Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor/ SEZ Developer/ SEZ Unit/ Tax Deductor at Source or Tax Collector at Source. Watch this training kit to know complete process of registering with GST.
