GST New Registration Online - Apply for GST Registration

GST New Registration Online - Apply for GST Registration: Goods and Services Tax (GST) has joined the Indian economy While experts have not yet ascertained the actual impact of GST, its actual impact can be seen only after some time. But some attachments of GST in relation to business will be implemented with immediate effect. One of these is the tax identification number, also known as GSTIN (Goods and Services Tax Identification Number.

Originally GSTIN (Goods and Services Tax Identification Number) is the 15-digit number that replaces the Tax Identification Number (TIN), which was allocated when registering business entities under the state's Value Added Tax Law. These businesses also had to take several other identification numbers from different places. However, after the implementation of GST, all these numbers will be replaced by GSTIN

Under GST, all these separate identification numbers required to meet indirect tax objectives will be placed under GSTIN. All taxpayers have been consolidated into a single platform for the purposes of compliance and administration and all taxpayers have been assigned registration under a single authority. The government has set up GSTN to provide the NECESSARY IT Infrastructure for the Digitization of GST.

GST New Registration Online - Apply for GST Registration

How to Make Filing for GSTIN:-

Filing for GSTIN can be done through a two-step simple process. GST practitioners and taxpayers can file for GSTIN by uploading the correct documents by login into the official portal gst.gov.in of GST. GST registration is mandatory for various benefits available under GST as it is a gateway.

Two-step process:-

After registering on the GST Network portal, a business is given a provisional GSTIN
In the second phase, the business entity will have to log on to the GSTN portal and provide details of its business, such as the main place of business, additional place of business, director and bank account details|

The government has allowed traders and businesses to continue their business with provisional IDs until they receive their final identification numbers.

Also, while registering on GST Portal you will be given an ARN (Application Reference Number), which is required for further enquiry in respect of the application, including GSTIN validation. ARN will be sent to the registered user's Mobile Number and E-mail Address. Possible conditions for your application may be: Provisional, 'Pending for Verification', 'Validation against Error', 'Migrated', and 'Cancelled'.

GST Contains :

Each taxpayer will be allotted state-wise PAN based 15 digit GSTIN (Goods and Services Tax Identification Number

The first 2 digits of GSTIN reflect the state code as per the Census of India 2011
The next 10 points reflect the PAN Number of the taxpayer|
The 13th digit of GSTIN refers to the registration number within a state
13th digit of GSTIN will default to Z
The last digit is the 'sum check' code

GST New Registration Online - Apply for GST Registration