Flexibility in the systems via the online regime makes the GST registration process very easy by allowing you to follow specific, manageable steps altogether in one go. GST registration is mandatory for holders with a turnover exceeding ₹ 20 lakh.
After making the application online, the business applicant will get the unique GSTIN number and that GSTIN along with logins credential is used at every moment of business that may be for return filling, generation of bill and invoice by considering everything GSTIN is essential at every stage of GST fillings with the help online common GST portal.
The GST system is so efficient and comprehensive that it encompasses a wide range of taxation, facilitating the smooth functioning of taxation throughout India with the help of a common GST portal.
How to get a new GST registration in India
The government of India does not charge any fee for GST Registration under the Goods and Services Tax (GST) regime. Individuals and entities registering for GST through the online registration process are required to pay a fee for the services provided by professionals.
Step 1: While accessing the GST portal, you need to click the link as prescribed.
Step 2: When clicking the Services tab, three options will appear in the drop-down menu: Registration, Payment, and User Services.
Step 3: Clicking the Registration tab will open more options.
Step 4: After registration, click ‘New Registration’, and the form will open in the same window.
Step 5: Taxpayer/GST Practitioner/Tax Deductor and State/UT and District, Name of the Pan holder for which GST is applying, along with email and mobile number, need to fill in the application for GST registration, and after that, need to click the proceed button for further processing.
Step 6: The Mobile number and email will receive the OTP after clicking ‘Proceed’. You need to enter the OTP received and continue further.
Step 7: The TRN will be provided by the Provisional GST Identification Number department on the screen, along with an email ID and mobile number. You need to save the TRN for future requirements.
Benefits of new GST number registration
- Easy to access via the common GST portal – As the GST portal is easily accessible to the general public, allowing them to track and file their returns and comply with regulations themselves.
- Compliance is less than many income taxes combined. As it consolidates all taxation in one, it makes the work smoother.
- Improved efficiency of the GST – All taxes in one, makes it easier for individuals to access details from a single portal.
- Organized sector of taxation – No ambiguity in the system makes it very useful.
- GST helps in reducing corruption in the system.
