GST Registration in Delhi – Process, Fees & Documents

• E-commerce - Business or individuals involved in supply of goods and service through E-commerce platform is required to get GTS Registered in Delhi irrespective of the turnover. Before commencement of the E-commerce business obtaining GST registration is necessary.
• Interstate Business - If an entity is supplying goods and services from one state to another then it is compulsory to get the GST Registration in Delhi.
• Casual taxable Person - Any business which undertakes seasonal supply of goods and services are required to get GST registration in Delhi irrespective of the business turnover.
• Voluntary registration - An entity can voluntarily register under GST even if the business turnover does not exceed the threshold of the registration.
• Aggregate Turnover - Any service provider having turnover more than 20 lakhs in a year and supply goods having turnover more than 40 lakhs are required to be registered under GST Registration in Delhi and 10 lakhs in case of the business in northern east state or in hills and mountains.

• Step-1: First step in Process of registration is to fill PART A of the form GST REG 01 in which information related to the PAN of Business, Name of business, Email address, Mobile Number is entered. Mobile number and Email ID is verified with the OPT. After which TRN No. is issued that needs to be kept safe for future.
• Step-2: Second Step in registration is filling of PART B of the form GST REG 01 in which information related to Business Detail, Bank Account Goods and Services and Authorised signatory is entered. ARN No. is issued.
• Step-3: Next step is to submit the required documents in prescribed format.
• Step-4: After submission of the application, that application and submitted documents are verified by the officer within 3 working days. If the application is rejected, the reason should be clarified and the applicant should be given the opportunity to rectify errors within 7 working days.
• Step-5: After the verification of the forms and documents. GST Registration is issued in the form REG GST 06.

• Aggregate turnover limit - Business with turnover of more than 40 lakhs has to get GST registration in Delhi.
• Input Tax Credit - One of the major features of the GST registration in Delhi is GST registered businesses can claim input tax credit on purchase. They can reduce tax liability by offset GST paid on their purchase with GST collected on the sales.
• Compliance requirements - Under GST Registration businesses have to maintain accounting records properly and file GST returns regularly. Failure to comply with the rules can result in fines and penalties.
• Penalties - Due to non-follow of the rules and compliance of the GST registration attract penalties and punishment as per the nature of the offence.

GST Registration in Delhi helps in bringing many other taxes like service tax, entry tax. VAT, excise duty and luxury tax into one regime. It has simplified the taxation system and made day to day transactions manageable. GST Registration can be obtained with filling of the form and required documents. Contact Profesional utilities ro get GST Registration in Delhi at just Rs. /-