Online Temporary GST registration
GST is the biggest tax reform in India, tremendously improving ease of doing business and increasing the taxpayer base in India by bringing in millions of small businesses in India. By abolishing and subsuming multiple taxes into a single system, tax complexities would be reduced while tax base is increased substantially. Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to obtain GST registration. Entities without GST registration would not be allowed to collect GST from a customer or claim input tax credit of GST paid or could be penalized. Further, GST registration is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.
Temporary GST registration can be taken by any individual if the nature of business is casual or business are for few months. GST registration will automatically cancelled after the tenure for which the registration has been grated.
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Documents Required for temprory gst Registration
1. Pan Card
Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.
2. Aadhaar Card
Aadhar Card is required for GST registration.
3.Saving Bank Details
Bank account details is required for registration. We need Passbook first page and latest statement. Also provide us Bank account number, IFSC code and Branch name
4. Business address proof
Any utility bill like electricity bill or water tax bill is required, in case property is rented in than rent agreement with owner is required.
Reasons for TEMPORARY GST REGISTRATION
1. Bank Account Opening
GST registration is helpful for current account opening for proprietorship and partnership firm as they don't have any other government issued document.
2.Turnover Criteria
Entities involved in supplying of goods or services with an annual aggregate turnover of more than Rs.40 lakhs in most States are required to obtain GST registration mandatory. In special category states, the aggregate turnover criteria has been reduced to Rs.20 lakhs.
3. Inter-State Supply
If an entity undertakes inter-state supply of goods and/or services, then GST registration must be obtained mandatory, irrespective of aggregate annual turnover. For example, if a business in Maharashtra supplies goods to a business in Tamil Nadu, then GST registration is required.
4. E-Commerce Sellers
Entities involved in the supply of goods or services through e-commerce platforms are mandatory required to obtain GST registration, irrespective of aggregate annual turnover. Hence, sellers on e-commerce platforms like Amazon, Flipkart and Snapdeal would have to register under GST mandatory.
5. Casual Taxable Persons
A casual taxable person is someone who occasionally undertakes supply of goods or services having no fixed place of business. An example of a casual taxable person can be a fireworks shops setup during Diwali festival time, selling fireworks or a temporary food stall.
REGISTRATION PROCESS
Step-1
Single Owner
Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.
Step-2
Easy to Start
For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.
Step-3
Less documents required
Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.
Step-4
Taxation benefits
For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.
How Ovakil help with Proprietorship Registration?
Ovakil helps you for registering Proprietorship business, it usually take 2-3 days for all process.
1. Shop Establishment Registration
For proprietorship registration there are many type of registrations. Shop establishment one of them, the process of this registration is different in every state of India
2. GST Registration
This registration will take 2-3 days and GST registration is sufficient to open current account for business.
3. Udhyog Adhaar Registration
Udyog Aadhaar is a registration for all micro, small and medium sized businesses. This registration along with a GST registration can be used for opening of bank account.
FAQs
It’s a totally based on online process all you need to submit the document to us, and there is no need of physical appearance, just forward your documents on our Mail ID
Yes, there is no restriction for taking more then one GST number. However you need to create different account for every registration.
Benefit of 20 lakh turnover is not available if you do sale outside the state in which your business is registered. Even if you make single sale, then you need to take registration in GST .
No annual charges are required for GST registration, this is one time process, however GST return to be file every month even if no sale done by you.
Scanned copy of all above documents is sufficent, you can upload the docs in your user login or directly mail us.
For GST of company , firm or LLP the registration will be on same name . But in case of proprietorship registration the name can be decided by the proprietor.
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