GST Registration Guide
GST (Goods and Services Tax) registration is a crucial step for businesses in India to comply with tax regulations. At Sap Tax Hub LLP, we specialize in providing expert guidance on GST registration guide and compliance. Whether you’re a startup or an established business, our team of professionals is here to help you navigate the process smoothly. As a trusted CA Firm in Delhi NCR and GST Registration Consultant in Delhi, we ensure a seamless GST registration experience.
Who Registers Under GST?
- Businesses with sales more than ₹40 lakh (for goods) and ₹20 lakh (for services) in most of the states.
- Special category states require a limit of ₹10 lakh.
- Interstate Suppliers (those dealing in sales of goods/services across regions).
- E-commerce operators such as Amazon and Flipkart sellers.
- Casual Taxable persons (those conducting business occasionally in different states).
- Input Service Distributors (organizations that distribute credits of tax invoices).
- Non-resident taxable persons providing goods or services in India.
- Businesses under Reverse charge mechanism where tax is paid directly by the recipient, instead of the consumer.
GST Registration Process
- Prepare Documents – Gather PAN, Aadhaar, business proof, and bank details.
- Online Application – Submit the application on the GST portal.
- Verification & ARN Generation – The application is verified by GST authorities, and an ARN (Application Reference Number) is issued.
- GSTIN Allocation – Upon approval, a GST Identification Number (GSTIN) is assigned.
GST Registration Form
Businesses must fill Form GST REG-01 on the GST portal, providing details such as:
- Business Name & Type
- PAN & Aadhaar Details
- Bank Account Information
- Address & Contact Details
GST Registration Cancellation
GST registration can be canceled under the following circumstances:
- Business closure
- Turnover below threshold limit
- Transfer of business
To initiate cancellation, Form GST REG-16 must be submitted, and authorities will verify the application before confirming cancellation.
GST Registration Checklist
Before applying, ensure:
- All required documents are in place
- Business details are accurate
- Bank details are updated
- Digital signature is ready (for companies and LLPs)
GST Registration Helpline
For any queries or assistance, reach out to Sap Tax Hub LLP, your trusted GST Registration Consultant in Delhi. Our experts are available to assist with registration, compliance, and troubleshooting.
GST Registration FAQs
Q1: Who needs GST registration?
A: Any business exceeding the turnover limit or involved in inter-state supply must register.
Q2: What is the penalty for non-registration?
A: Businesses failing to register may face penalties, including a fine of 10% of the tax due.
Q3: How long does GST registration take?
A: The process typically takes 3-7 working days if all documents are in order.
For hassle-free GST registration and compliance, connect with Sap Tax Hub LLP, your reliable CA Firm in Delhi NCR!
