Starting a business in India? GST registration is a crucial step to ensure compliance and unlock benefits like input tax credits and enhanced credibility. Here’s a simplified guide to help startups navigate the process seamlessly.
Who Needs GST Registration?
- Businesses with annual turnover exceeding ₹40 lakh (₹20 lakh for special category states).
- E-commerce sellers, interstate suppliers, and import/export businesses (mandatory regardless of turnover).
Step-by-Step Process
- Prepare Documents: PAN, Aadhaar, proof of business address, and bank details.
- Apply Online:
- Visit the GST portal (www.gst.gov.in) and fill Form GST REG-01.
- Upload required documents and verify via OTP.
- ARN & Approval: After submission, an Application Reference Number (ARN) is issued. Approval typically takes 3-7 working days.
Common Mistakes to Avoid
- Incorrect PAN details or address mismatches.
- Selecting the wrong business type (e.g., sole proprietor vs. LLP).
Post-Registration Compliance
- File monthly/quarterly returns (GSTR-1, GSTR-3B).
- Maintain invoices and reconcile books regularly.
Why Choose TATIC?
Our experts handle end-to-end GST registration, ensuring error-free filings and timely compliance. Focus on your business—leave the paperwork to us!