Flexibility in the systems via online regime make 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 alongwith 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 the much taxation into it for the smooth functioning of the taxation in the all over India with the help of common GST portal.
Benefits of GST
Easy to access via common GST portal - As GST portal is easy to access by the common man due to which he can track and file by 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 make the person to access the details from the 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 portal
While doing registration functionalities improved at very commendable level for the smooth and fast working as mentioned below:
Same PAN associated GSTINs can easily view the associated GSTINs with same PAN via GST common portal. Taxpayer can check it by filling the Part A of the GST registration application form on the same PAN.
Due to Online Information and Database Access or Retrieval (OIDAR) Services, 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 portal while making the application.
Simplest procedure for the GST Registration by the following the step wise procedure
Division of the whole procedure of GST is in total four parts which are quiet easy and process able for making it easy to understand the huge concept of GST registration through online process.
Part 1 GST Registration 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 will be open in the drop-down manner named as 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 alongwith 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
Step 1. By following the GST common portal.
Step 2. Again select “Services” tab.
Step 3. Click “Registration” by following the below mentioned menu under “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. Draft application will be shown in the proceeded screen and need to proceed 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.
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 need to click and mark the tick.
Step 4: Application can be submitted with the help of DSC, e-Sign and EVC.
After above ARN (Application Reference Number) will be sent to the registered mobile number and email ID for the 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 click on services tab and select to Track Application status for the tracking the status by the ARN number.
For the smooth functioning of GST portal, Government is working for making system comprehensive and efficient. GST replaced prior taxation system like VAT/ Sales Tax which is misleading altogether. GST is uniform in respect to content and practice and help 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. Division of the whole process of GST is in total four parts which are quiet easy and process able for making it easy to understand the huge concept of GST registration through online process. For smooth functioning of GST portal, Government is working for making system comprehensive and efficient. GST replaced 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 on 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.
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