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GST Registration for Private Limited Company

By Shreya Durgan

Is it mandatory to get GST Registration for Private Limited Company?

Aggregate Turnover - If the aggregate turnover exceeds Rs.40 lacs (goods) and Rs.20 lacs (services) in the financial year. However, the limit is Rs.20 lacs (goods) and Rs.10 lacs in special category states. Learn how to calculate aggregate turnover for GST Registration.

Inter-State Business - You have to get GST Registration, if your business provides goods and services from one state to another. This is regardless of the aggregate turnover.

Ecommerce - Apply for GST if you are selling your goods and services on ecommerce platform. For example, Amazon, Flipkart etc.

Voluntary Registration - You can apply for it voluntarily if you want a GST Number. In fact, you can surrender it any time you want to.

Steps to Apply for GST Registration

You can apply for GST Registration either:

Register through an expert.
Do it yourself.

GST Registration Through An Expert.

StartEazy is a business consultancy. It helps business start and grow faster. Forget the hassles of legal formalities and focus on your idea.

Step 1 - Fill out the form on your right

Enter your name, number, and email id and submit the form.

One of our experts will give you a call within 24 hours.

Step 2 - Share the Documents

Your assigned expert will explain to you the registration process and requirements.

Also, they will help you with preparing and gathering all the documents.

After that, share the documents.

Step 3 - Make the Payment

There is no government fee for GST Registration.

However, we do charge a professional fee of Rs.980/-.

Step 4 - Sit Back and Relax

The complete process takes around 8-10 days.

For this purpose, the documents you submit must be correct.

After that, the concerned authority verifies the application.

Upon successful approval, you will receive a soft copy of the certificate in your registered email.

Also, a hard copy will be delivered at your address.

However, if the department puts up any queries, our team will handle it. We will submit a clarification with supporting documents.

Steps for GST Registration for Private Limited Company (Self Registration)

Step 1 - Go to GST Portal

For a new registration, navigate to the "Services > Registration > New Registration.

Click on the New Registration and start filling out the form.

The registration form for GST (Good and Service Tax) is divided into three parts: A, B and C

Step 2 - Fill the Form "Part A"

Enter your basic details in the portal:

Taxpayer Type
State
District
Legal Business Name (as per Company's PAN Card)
PAN Number of Authorised Signatory
Email ID (Verified by OTP)
Mobile Number (Verified by OTP)

A TRN (Temporary Registration Number) will generate as soon as you submit the following details.

You can use that number to access your application draft and fill out the application.

Step 3 - Prepare the Documents

Documents Required for GST Registration of Private Limited Company

Company's Documents

PAN Card
Incorporation Certificate
Memorandum of Association (MoA)
Article of Association (AoA)
Business Bank Details (Copy of Cancelled Cheque or Bank Statement)
Address Proof of Principal Place of Business:-

-Own Office - Electricity Bill, Water Bill, Landline Bill, Property Tax Receipt (any one)

-Rented Office - Rent Agreement and NOC from Owner

Director's Documents

PAN Card
Aadhar Card
Passport Size Photographs
Letter of Authorization (Proof of appointment of authorized signatory)
DIN Number
DSC Certificate

Step 4 - Fill the Form "Part B"

Access the next part of the form from the TRN Number.

Firstly, fill in the following details of the Business:

Business Name (As per the PAN Card)
Constitution of the Business
District and Sector/Circle/Ward/Charge/Unit
Select Commisionerate Code, Division Code and Range Code
Choose if you want the Composition Scheme
Date of Commencement of Business
Select the reason to obtain GST Registration for Private Limited Company

Further, fill in the following details of the directors and authorised signatory:

Name
Father's Name
Mobile Number
Email ID
Residential Address
PAN Number
DIN Number

Note: Attach the Board Resolution of the Appointment of the Authorised Signatory.

At the same time, make sure the details in the form and the documents match.

Because if there is in mismatch, the officer may straight away reject your application.

Step 5 - Fill the Form "Part C"

It is the last step but requires the most attention.

Here you have to enter the HSN or SAC Codes.

These are the codes that separates different products and service categories.

To clarify, HSN Codes are for Goods, and SAC Codes are for Services.

It will also help you decide the tax to impose on your goods and services.

You can check your HSN and SAC Code on the GST Portal.

That's it!

Now submit the form.

There is no government fee to apply for GST Registration for Private Limited Company.

As soon as you submit the form, an ARN (Application Reference Number) will generate automatically.

You can track the status of your application from the ARN Number.

Time Taken for GST Registration

The GST officer may accept, request clarification or reject your application. Generally, it may take up to 7 working days.

In case of a query, reply to the objection within 7 working days from the date of the query. They may also ask for some supporting documents.

Frequently Asked Questions

What are the benefits of GST Registration of Private Limited Company?

Inter State Dealing :- As a rule, GST registration is mandatory for trading from one state to another. So, if you plan to expand your business, what are you waiting for?

Claim Input Tax Credit :- ITC is the credit that you paid on purchasing goods and services for your business. So, with GST Number, you can claim input tax credit from the GST Bills. Otherwise, it will go to waste.

Give Input Tax Credit :- Similarly, you can also give ITC to your business customers who have GST Number. In fact, most business customers prefer to go with the businesses with GST Registration.

What are the types of taxpayers in India?