The GST registration procedure involves the following steps:
- Gather Documents: Collect the necessary documents such as PAN, Aadhaar, business registration proof, bank account details, and address proof.
- Online Application: Visit the GST portal and fill out the registration form (GST REG-01) with accurate details.
Verification: Once the application is submitted, a verification process is initiated by the GST department.
- Verification Process: The GST officer may conduct a physical verification or seek additional documents if required.
- GSTIN Allotment: Upon successful verification, a unique GST Identification Number (GSTIN) is issued.
- Registration Certificate: A GST registration certificate containing the GSTIN is provided electronically.
- Compliance: After registration, businesses must comply with GST regulations, including filing periodic returns and maintaining records.
- Amendments: Any changes in business details must be updated promptly on the GST portal.
It's essential to follow each step carefully to ensure smooth GST registration and compliance.