GST Registration in Chennai

GST Registration in Chennai

If you run a business in Chennai, you need to understand GST – the short form of Goods and Services Tax. It is a single tax you pay when you sell goods or provide services. GST registration in Chennai is compulsory for businesses with an annual turnover exceeding ₹40 lakhs for goods and ₹20 lakhs for services. GST registration is also mandatory for businesses engaged in inter-state supply, e-commerce sellers, agents, brokers, and commission agents.

Registering for GST in Chennai is completely online. You don’t have to visit any office. You will need some basic documents, such as your PAN card, Aadhaar card, proof of your business, and your bank account details. Once you complete registration, you will get a GST number for your business. This number allows you to collect GST from your customers legally and also claim back the GST you pay on your purchases.

What is GST?

GST is a single tax that businesses are required to pay on the sale of goods and services. Before GST, there were lots of different taxes to pay to both the central and state governments; they were confusing for a layman. But in 2017, the GST replaced all that with one tax, making life simpler for shopkeepers, small businesses, and companies.

There are four kinds of GST:

1. CGST is paid to the central government when you sell something inside your own state.
2. SGST goes to the state government at the same time, for the same sale.
3. IGST is used when goods or services move between states or when importing or exporting.
4. UTGST works like SGST, but only in Union Territories.

Eligibility for GST Registration in Chennai

GST registration is mandatory if:

1. The annual turnover of the business exceeds

• ₹40 lakhs for suppliers of goods and
• ₹20 lakhs for the supplier of services.

2. Compulsory registration

Regardless of the annual turnover, businesses falling under the following categories are required to mandatorily register under GST.

3. Inter-state supplies

1. E-commerce sellers on Amazon, Flipkart, Swiggy, Zomato, etc.
2. Casual taxable persons (temporary stalls/exhibitions).
3. Non-resident suppliers operating in India.
4. Input Service Distributors.
5. Agents, brokers, and commission agents.
6. Businesses under the Reverse Charge Mechanism (RCM).

Benefits of GST Registration in Chennai

Registering your business under GST has clear benefits:

1. Claim Tax Paid on Purchases: You can get back the GST you pay on business expenses.
2. Take Part in Government Projects: If you want to bid for government contracts in Tamil Nadu, registration is necessary.
3. Sell Across States: GST registration lets you trade anywhere in India without extra permissions.
4. Export Easily: When you export, GST is not charged, and you can get refunds on taxes paid for materials.
5. Simpler Tax Rules for Small Businesses: Businesses with a turnover under ₹1.5 crore can opt for a simpler GST scheme.
6. Easier Loans: Banks prefer giving loans to GST-registered businesses.

Documents Required for GST Registration in Chennai

1. For Individuals/Proprietors:

• PAN card
• Aadhaar card
• Bank account details (statement/cancelled cheque)
• Address proof of business premises (rent agreement/utility bill/property papers + NOC if rented)
• Passport-size photograph

2. For Partnership Firms / LLPs:

• Partnership Deed / LLP Agreement
• PAN and Aadhaar of partners
• PAN card of the Firm
• Proof of principal place of business in Chennai

3. For Companies:

• Certificate of Incorporation (CIN)
• Memorandum and Articles of Association (MoA/AoA)
• PAN of the company and directors
• Board Resolution authorising GST registration
• Proof of registered office in Chennai

Process of GST Registration in Chennai

1. Visit the official website of GST and click on "Services” → “Registration” → “New Registration".
2. Generate TRN (Temporary Reference Number): Fill in PAN, mobile, and email. Verify using OTP.
3. Submit Part B of the Application: Upload required documents like PAN, Aadhaar, proof of business, and bank details.
4. Acknowledgement (ARN): Receive an Application Reference Number for tracking.
5. Verification by GST Officer: The GST officer will check the documents.
6. Clarifications (if needed): The GST officer may issue Form GST REG-03 for additional details. Reply in REG-04 within 7 days.
7. Approval: The GSTIN and GST Registration Certificate (REG-06) have been issued.

GST Compliance for Businesses in Chennai

Once registered, businesses must comply with the following:

• GST Return Filing: Filing the annual GST return for the sales, purchases, tax paid and/collected.
• Timely Payment of GST: Pay GST dues on time on the basis of returns filed to avoid any penalties for delay in payments.
• Maintain Records: Maintain books of accounts, invoices, purchase and sales registers after GST registration.

Penalties for Non-Compliance

Why Choose Kanakkupillai for GST Registration in Chennai?

Registering for GST in Chennai can be confusing due to the numerous rules, documents, and online steps involved. A single mistake can delay your approval or even lead to penalties later. This is where Kanakkupillai makes things easy for you.

• Local expertise in Chennai: We understand Tamil Nadu’s state-specific GST rules and guide you as per your business type. So, whether you are a shop owner, service provider, or online seller.
• Step-by-Step help: From collecting documents to filing the online application, we handle everything so you don’t have to worry about missing any detail.
• Fast and hassle-free process: Our team ensures your GST registration is completed quickly and without unnecessary delays.
• Affordable pricing: We provide services at pocket-friendly rates with no hidden charges.
• Post-registration support: Getting GSTIN is just the beginning. We also assist you in filing GST returns, claiming input tax credit, handling audits, and maintaining compliance.