GST Registration in Mumbai

GST Registration in Mumbai

If you are running a business in Mumbai, you have probably heard about GST registration. GST stands for Goods and Services Tax. It is a single tax charged when goods are sold or services are provided. Any business with annual sales exceeding ₹40 lakhs (for goods) or ₹20 lakhs (for services) is required to register. Even smaller businesses, such as e-commerce sellers, agents, or those supplying goods across state lines, are required to register.

The process is fully online, so you don’t need to stand in queues or visit offices. You just need simple documents, such as your PAN, Aadhaar, business proof, and bank details. After obtaining a GST registration in Mumbai, your business will be assigned a unique GST number. This number allows you to charge GST to your customers and also claim back the GST you pay on purchases.

What is GST?

GST means Goods and Services Tax. It is just one tax that you pay when you sell goods or give services. Earlier, there were various taxes, including VAT, excise, and service tax. People had to pay them separately to different departments, which was very confusing. In 2017, the government removed all the old taxes and introduced GST. Now, instead of paying 5–6 different taxes, you only pay GST, which is much simpler.

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 Mumbai

GST registration in Mumbai 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, the businesses falling under the following category have 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 Mumbai

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 Maharashtra, 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 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 Mumbai

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 Mumbai

3. For Companies:

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

Process of GST Registration in Mumbai

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 to it in the REG-04 from within 7 days.
7. Approval: GSTIN and GST Registration Certificate (REG-06) are issued.

GST Compliance for Businesses in Mumbai

Once GST registered, businesses in Mumbai must comply with the following:

• Annual 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.

Why choose Kanakkupillai for GST Registration in Mumbai?

Registering for GST in Mumbai 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 Mumbai: We understand Maharashtra’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.