Flexibility in the systems via online regime makes the GST registration very easy by following the certain easy steps altogether in one go. GST registration is mandatory for the holder whose turnover is more than 20 lakh.
After making the application online, the business applicant will get the unique GSTIN number and that GSTIN along with logins credential is used at every moment of business that may be for return filling, generation of bill and invoice by taking everything into consideration GSTIN is essential at every stage of GST fillings with the help online common GST portal.
GST system is so much efficient and comprehensive as it includes much taxation into it for the smooth functioning of the taxation all over India with the help of a common GST portal.
Benefits of GST
Easy to access via common GST portal - As the GST portal is easy to access by the common man due to which he can track and file himself all the returns and compliance.
Compliance is less as many taxes are in one - As it sums up all the taxation in one so that working will be smooth.
Improved efficiency of the GST - All the tax in one makes the person to access the details from one portal only.
Organized sector of taxation - No ambiguity in the system make it very useful.
GST helps in reducing corruption from the system.
Unique and latest amendment in the GST functionality of the portal
While doing registration functionalities improved at a very commendable level for the smooth and fast working as mentioned below:
The same PAN-associated GSTINs can easily view the associated GSTINs with the same PAN via GST common portal. The taxpayer can check it by filling Part A of the GST registration application form on the same PAN.
Due to Online Information and Database Access or Retrieval (OIDAR) Services, the taxpayer can now provide the details of the representatives who are authorized and appointed in India, and his details like email and mobile need to fill over the portal while making the application.
Simplest procedure for the GST Registration by the following the stepwise procedure
Division of the whole procedure of GST is in total four parts which are quite easy and processable for making it easy to understand the huge concept of GST registration through the online process.
Part 1 how to get GST number in India
Step 1: While accessing the GST portal need to click the link as prescribed.
Step 2: While clicking the services tab there are three options that will be open in the drop-down manner named Registration, Payment, and User Services.
Step 3: While clicking the Registration tab will open more options.
Step 4: After registration need to click New Registration and after that form will be open in the same window.
Step 5: Taxpayer/GST Practitioner/Tax Deductor and State/UT and District, Name of the Pan holder for which GST is applying along with email and mobile number need to fill in the application of the GST registration and after that need to click proceed button for further processing.
Step 6: Mobile number and email will get the OTP after clicking the proceed and need to enter the OTP received and continue further.
Step 7: TRN (Temporary Reference Number) will be provided by the GST department on the screen along with on email id and mobile number and need to save the TRN for future requirements.
Part 2 How to get GST number for business
Step 1. By following the GST common portal.
Step 2. Again select the “Services” tab.
Step 3. Click “Registration” by following the below-mentioned menu under the “Services” tab and click on “New Registration”.
Step 4. Selecting the option “Temporary Reference Number (TRN)” and after that new application will be open by entering the OTP and valid Captcha characters.
Step 5. Press the Proceed button
Step 6. The draft application will be shown on the proceeded screen and need to proceed with the edit icon.
Part 3 for ARN Verification status
Step 1. Ten sections are there in the application to fill with the accurate details and upload the required documents in the specified section.
The following are the documents required:
Constitution of the business owner
Identity proof of the place of business
Bank account details
Step 2: Verification will be done after mentioning the correct details in the application.
Step 3: Declaration stated the need to click and mark the tick.
Step 4: The application can be submitted with the help of DSC, e-Sign, and EVC.
After the above ARN (Application Reference Number) will be sent to the registered mobile number and email ID for reference to the taxpayer.
Part 4 ARN is for the reference of Status
The applicant can track the status of an application by putting the ARN in the column of track status. GST portal then clicks on the services tab and select to Track Application status for the tracking the status by the ARN number.
For the smooth functioning of the GST portal, the Government is working for making the system comprehensive and efficient. GST replaced a prior taxation system like VAT/ Sales Tax which is misleading altogether. GST is uniform with respect to content and practice and helps in increasing transparency, avoiding corruption in the taxation system.
Conclusion: GSTIN is essential at every stage of GST fillings with the help online common GST portal. The division of the whole process of GST is in total four parts which are quite easy and processable for making it easy to understand the huge concept of GST registration through the online process. For the smooth functioning of the GST portal, the Government is working for making the system comprehensive and efficient.
GST replaced a prior taxation system like VAT/ Sales Tax which is misleading altogether. GST have the slab of 0.25%, 3%, 5%, 12%, 18% and 28%. By following the Rules of CBIC, you can check the applicability of various goods and services.
To wrap up for any further information you may contact on the below-mentioned details:
Email Id Swati@neusourcestartup.com and Phone Number 9540026175.
The NeuSource Startup Mind is the finest business startup consultant that offers various services of registration like Proprietorship Firm Registration, Partnership Firm Registration, LLP Registration, Company Registration, GST Registration, Copyright Registration, ISO Registration Trademark registration, and other FSSAI License, etc.
HOW TO TRACK GST REGISTRATION STATUS
track GST application
There is a little question within the incontrovertible fact that product and Services Tax- abbreviated as GST is one among the foremost vital government policies of the last decade. it's modified the lives of business house owners, traders, and even people World Health Organization freelance. The GST has subsumed state and central taxes and has modified the Indian tax landscape permanently.
As a result, several entities ought to endure GST registration and file GST often. If you have got conjointly registered and you wish to understand a way to track GST registration standing, then do a scan on. we've got simplified it for you here.
CS Jagriti Mehndiratta
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