Organisation : State Goods & Service Tax Department, Kerala GST
Facility : Register Business
Applicable For : Aggregate turnover exceeds Rs.20 lakhs
Registration Procedure : http://keralataxes.gov.in/2017/08/07/how-to-apply-registration/
Website : http://keralataxes.gov.in/
Kerala Taxes Register Business
Any person dealing with the supply of goods and services whose aggregate turnover exceeds Rs.20 lakhs (Rs.10 lakh in case of special category states) are liable to take GST registration.
Related : Kerala Taxes Register as GST Practioner : www.statusin.in/37121.html
Registration Procedures
** An application has to be submitted online through the common portal (GSTN) within 30 days from the date when liability to register arose.
** The application shall be submitted through the website, gst.gov.in.
** The Casual and Non-Resident taxable persons need to apply at least five days prior to the commencement of the business.
** If a trader has Multiple Business Verticals in a state, separate registration for each shall be taken.
** Those who are not liable to take registration are also eligible to register.
** Traders who apply for registration must have PAN card.
** Those who have tax deduction in the source must have TAN (Tax Deduction and Collection Account Number) along with PAN.
** Non-Resident persons shall produce documents other than PAN as recommended by the Government.
** In respect of supplies and other services to some notified agencies of United Nation organization, multinational financial institutions and other organizations, a Unique Identity Number (UIN) can be issued.
** If the registration application is not rejected during the prescribed period, the UIN is considered given.
** Registration period for Casual traders and Non-Resident taxable person is 90 days or the duration in the application, whichever is less.
** These traders can begin their trade only once the registration is approved.
** The proper registration officer shall have the authority to grant extension over the period of 90 days.
** Casual traders and Non-Resident taxable persons are liable to make advance deposit of the estimated tax liability.
** GST registration is PAN based and State specific. Online registration has to be done through the GSTN portal.
Documents Required
The following documents have to be uploaded along with the application.
** Partnership deed in case of partnership firm and certificate of incorporation for companies.
** If the place of business is in own premises, any document in support of the ownership of the premises like latest property tax receipt shall be uploaded.
** For rented or leased premises, a copy of valid rent or lease agreement should be submitted.
** Address proof such as telephone bill, electricity bill etc.
** Bank account related proof
** An affidavit in the prescribed format
** Details of authorized signatory, if any.
** Photographs of all business partners.
Once the registration related documents are uploaded, the application for registration must be submitted along with digital signature/Aadhar e-signature. Acknowledgement of the same will be communicated with the authorized signatory.
The proper officer has to either raise a query or approve the grant of registration within 3 working days, failing which, registration would be considered as deemed to have been approved.
The applicant would have to respond within seven working days starting from the 4th day of filing the original application. Goods and Services Identification Number (GSTIN) is a PAN based 15 digit identification number.
Category of Registration
Persons listed under the following categories are required to take registration under GST regime.
** A person whose aggregate turnover exceeds Rs.20 lakh (Rs.10 lakh in case of special category states) in a financial year.
** Every person who is registered under an earlier law shall take registration under GST.
** Where a business which is registered has been transferred to someone, the transferee shall take registration with effect from the date of transfer.
** Anyone who makes inter-state supply of goods and/or services.
** Casual taxable person
** Non-Resident taxable person
** Agents of a supplier
** Those paying tax under reverse charge mechanism
** Input service distributor
** E-commerce operator or aggregator
** Person who supplies via e-commerce aggregator
** Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
Frequently Asked Questions
What is Goods and Service Tax (GST)?
It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.
What type of GST is proposed to be implemented?
It would be a dual GST with the Centre and States simultaneously levying it on a common tax base.
The GST to be levied by the Centre on intra-State supply of goods and / or services would be called the Central GST (CGST) and that to be levied by the States would be called the State GST (SGST). Similarly Integrated GST (IGST) will be levied and administered by Centre on every inter-state supply of goods and services.
Why is Dual GST required?
India is a federal country where both the Centre and the States have been assigned the powers to levy and collect taxes through appropriate legislation.
Both the levels of Government have distinct responsibilities to perform according to the division of powers prescribed in the Constitution for which they need to raise resources.
A dual GST will, therefore, be in keeping with the Constitutional requirement of fiscal federalism.
What exactly is the concept of destination based tax on consumption?
The tax would accrue to the taxing authority which has jurisdiction over the place of consumption which is also termed as place of supply.