Goods and Services Tax (GST) is an indirect tax imposed on the supply of goods and services in India. GST registration is mandatory for all businesses whose annual turnover exceeds 20 lakhs (10 lakhs for North-Eastern and hill states). GST Registration in Delhi can be done online through the GST portal, which is run by the Central Board of Indirect Taxes and Customs (CBIC).
Step 1: Obtain a Provisional ID and Password: To begin the GST Registration process in Delhi, the first step is to obtain a provisional ID and password by visiting the GST portal (www.gst.gov.in). To obtain the provisional ID, the business owner needs to provide basic details such as PAN, mobile number, and email ID.
Step 2: Verify your Email and Mobile number: After obtaining the provisional ID and password, the next step is to verify the email and mobile number. An OTP will be sent to the registered mobile number and email ID, which needs to be entered on the GST portal to verify the same.
Step 3: Login and Fill Application Form: Once the mobile number and email ID have been verified, the next step is to log in to the GST portal using the provisional ID and password. The GST registration application form (Form REG-01) needs to be filled out and submitted online. This form requires detailed information about the business, including its name, address, and PAN.
Step 4: Submit the Required Documents: After filling out the application form, the next step is to upload the required documents. These include PAN, photo ID, and address proof of the business owner, canceled cheque, and a copy of the rental agreement if the business is located in a rented property.
Step 5: Payment of Fees: Once the application form and required documents have been submitted, the next step is to pay the fees. The fee for GST Registration in Delhi is based on the business turnover and can be paid online using a debit/credit card or internet banking.
Step 6: Approval of Registration: Once the fees have been paid, the GST registration application will be processed and approved by the relevant authority. The approval process typically takes 3-5 working days. Once approved, a GSTIN (GST Identification Number) will be generated, which is the unique identifier for the business under GST.
In conclusion, GST Registration in Delhi is a simple and straightforward process that can be completed online through the GST portal. By following the steps outlined above, businesses can complete their GST Registration in a timely and efficient manner. It is important to ensure that all details and documents are accurate and up-to-date to avoid any issues during the approval process.
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