GST Registration in Delhi
Get your GST registration in Delhi with SetupFiling.in today! We make the process simple, fast, and hassle-free. Whether you’re a new business or need to update your GST, our expert team is here to guide you every step of the way. Start your registration now!
GST Registration Fee
-
GST Registration Certificate
-
User ID and Password of GST portal
- All India Service
- Easy Onlie Process
- 24*7 Hours Customer Support
GST Registration in Delhi - Overview
The Goods and Services Tax (GST) has revolutionized the tax structure of India, simplifying the process and creating a unified tax system that replaces various indirect taxes. GST registration is mandatory for businesses whose turnover exceeds the prescribed limit, and it opens the door to a range of benefits such as tax credits, compliance simplification, and access to a broader market. In this article, we will explore the concept of GST registration in Delhi, the process, its benefits, and the documentation required to get registered.
What is GST Registration?
GST registration is a legal requirement for businesses and service providers who meet the eligibility criteria set by the government. Under the Goods and Services Tax Act, it is mandatory for individuals or entities engaged in the supply of goods and services to obtain GST registration if their aggregate turnover exceeds the threshold limit prescribed by the government.
Once registered, the business is assigned a unique Goods and Services Tax Identification Number (GSTIN), which is used to file tax returns, track payments, and claim input tax credits. GST registration also makes it easier for businesses to expand and reach customers across different states, as the tax system is uniform and eliminates multiple layers of taxation.
Who Needs GST Registration in Delhi?
In Delhi, like in other states, GST registration is mandatory for businesses that meet the following criteria:
- Aggregate Turnover: Businesses whose aggregate turnover exceeds the prescribed limit must register for GST. As per the latest updates, businesses with a turnover of Rs. 40 lakhs or more for goods and Rs. 20 lakhs or more for services are required to get GST registered.
- Interstate Supply: If your business is involved in the interstate supply of goods or services, GST registration is a must, regardless of your turnover.
- E-commerce Sellers: If you sell goods or services through an e-commerce platform, GST registration is mandatory, irrespective of your turnover.
- Casual Taxable Person: If a business operates temporarily in Delhi or does not have a permanent establishment, they must also register as a casual taxable person.
- Voluntary Registration: Even if your turnover does not exceed the prescribed limit, you can opt for voluntary registration. This allows you to claim input tax credit and avail other benefits.
- Reverse Charge Mechanism (RCM): If your business falls under the reverse charge mechanism, it is compulsory to register for GST.
Documents Required for GST Registration
For Rented Property
- Applicant Pan card and adhaar card
- Applicant Photograph
- Commercial Rent Agreement
- Electricity bill
- MOA/ Partnership Deed, PAN Card of Partnership/ LLP/ Company
For Owned Property
- Applicant Pan card and adhaar card
- Applicant Photograph
- Electricity bill
- Legal ownership document or Property Tax Receipt or Municipal Khata Copy
- MOA/ Partnership Deed, PAN Card of Partnership/ LLP/ Company
For Consent Property
- Applicant Pan card and adhaar card
- Applicant Photograph
- Electricity bill
- Consent Letter
- Legal ownership document or Property Tax Receipt or Municipal Khata Copy
- MOA/ Partnership Deed, PAN Card of Partnership/ LLP/ Company
GST Registration Process in Delhi
The process for obtaining GST registration in Delhi is straightforward but requires careful attention to detail. Here’s a step-by-step guide to registering your business:
Step 1: Visit the GST Portal
The first step in the GST registration process is to visit the official GST portal. This is where you will start your registration and complete all the necessary formalities online.
Step 2: Choose Your Type of Registration
There are different types of GST registration available based on the nature of the business:
- Regular Taxpayer
- Composition Scheme
- Casual Taxable Person
- Non-Resident Taxpayer
- Based on your business’s structure and turnover, select the appropriate type of registration.
Step 3: Fill out the GST Application (Form GST REG-01)
Next, you need to fill out the GST registration form (GST REG-01) on the GST portal. You will be required to enter your basic business details, including:
- Business name
- PAN (Permanent Account Number)
- Type of business
- Nature of goods or services
- Business address
- Bank account details
Step 4: Upload Required Documents
After filling out the application, you will be asked to upload certain documents to complete your registration process. The documents typically include:
- PAN Card: A copy of the PAN card of the business or the individual applying for registration.
- Aadhaar Card: A copy of the Aadhaar card of the business owner.
- Proof of Business Address: Documents like utility bills, rental agreements, or ownership papers to prove the business address.
- Photographs: Passport-sized photographs of the business owner.
- Bank Account Details: A canceled cheque or bank statement to verify the business’s bank account details.
Step 5: Verification and Processing
Once the application is submitted, the GST authorities will verify the documents and the details provided. This process can take a few days. If there are any discrepancies or additional information is required, you will be notified by the authorities.
Step 6: GSTIN Issuance
Upon successful verification, your GST registration will be approved, and you will be assigned a unique GSTIN (Goods and Services Tax Identification Number). This GSTIN is necessary for conducting business operations and filing returns.
Step 7: Compliance and Filing Returns
Once registered, you need to ensure compliance with GST laws by filing regular GST returns. The returns include details of the sales and purchases, taxes paid, and input tax credits. Filing can be done monthly, quarterly, or annually, depending on your business category.
How Much Time (Days) Does It Take to Get a GST Number?
After filing your GST application, you’ll receive an Application Reference Number (ARN) instantly. This ARN can be used to track the status of your application.
As for the actual GST number, the GST officer typically takes Minimum 6 to 7 working days to process the application and to issue GST Certificate. However, this timeline can vary based on the complexity of the application and whether any additional documents or clarifications are required.
GST Registration for Different Types of Businesses
Different types of businesses in Delhi may need to follow specific registration processes or fulfill particular criteria. Below are the common business types and their GST registration requirements:
1. Sole Proprietorship
A sole proprietorship is one of the most common business types in Delhi. The registration process for sole proprietors is relatively simple, requiring only the individual’s PAN card, Aadhaar card, business address proof, and bank details.
2. Partnership Firms
Partnerships must provide the partnership deed, PAN cards of all partners, Aadhaar cards, business address proof, and bank account details to complete the GST registration process.
3. Companies (Private/Public)
For companies, GST registration requires the Memorandum of Association (MOA) or Articles of Association (AOA), PAN cards of directors, and proof of the company’s registered office. It’s essential for the company to ensure that all documents are in order for a smooth registration process.
4. E-commerce Sellers
For e-commerce businesses, GST registration is mandatory. These businesses must provide details about their platforms, suppliers, and the nature of their transactions. They must also provide business address proof and bank account details.
GST registration is an essential step for businesses in Delhi, as it opens up a multitude of benefits, such as access to tax credits, enhanced credibility, and a broader market. It simplifies tax compliance and makes businesses more transparent in their dealings. With the ever-evolving GST laws, staying informed and up to date is key to ensuring a hassle-free GST registration process.
