Are you planning to register for GST in India? If yes, then there are a few important documents that you need to have in hand before starting the process. With the introduction of Goods and Services Tax (GST), it has become mandatory for businesses and individuals with an annual turnover of over Rs. 20 lakhs (Rs. 10 lakhs for North East and hill states) to get registered under GST. In this blog post, we will discuss the essential documents required for GST registration in India that every taxpayer must-have. So, whether you’re a small business owner or an individual looking to register under GST, read on to know more about the necessary documentation needed for smooth registration!
Documents required for GST registration
- Application Form: The applicant must fill out the GST registration application form and submit it to the concerned authorities.
- PAN Card: A PAN card is required for all applicants who wish to register for GST in India. If you have ever looked at the gst number format you would know the gst number contains the PAN of the person registering.
- Aadhar Card: An Aadhar card is also required for GST registration in India.
- Business Proof: The applicant must submit business proof such as incorporation certificate, Partnership deed, etc. to the concerned authorities.
- Bank Statement: The applicant must submit a bank statement of the last six months to the concerned authorities.
Let’s learn about these document in a bit detail:
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PAN Card and Aadhaar Card
PAN Card: A PAN card is a 10-digit alphanumeric identification number issued by the Indian Income Tax Department. It is required for filing income tax returns and other financial transactions.
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Aadhaar Card
An Aadhaar card is a 12-digit unique identification number issued by the Indian government. It is required for various purposes, such as opening a bank account, filing income tax returns, and receiving government benefits.
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Bank Account Details
In order to register for GST in India, you will need to provide your bank account details. This includes the name of the bank, the account number, and the IFSC code. You will also need to provide a cancelled cheque or bank statement in order to prove that the account is active.
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Memorandum and Articles of Association (MAA) & Partnership Deed (PD)
The Memorandum and Articles of Association (MAA) is the document which contains the rules and regulations for operating a company in India. This is perhaps one of the most important gst registration documents if you are getting your company registered. The Partnership Deed (PD) is a document signed between two or more partners which sets out the terms and conditions of the partnership.
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Photographs & Address Proofs
When you are registering for GST in India, you will need to provide several documents as proof of your identity and business address. These include:
- Photographs: You will need to provide two photographs of yourself, one passport-sized and one full-size.
- Address Proofs: You will need to provide proof of your business address, such as a lease agreement or utility bill.
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Business Plan & Certificate of Incorporation
A business plan is a document that sets out the company’s goals and how it intends to achieve them. It should include financial projections, marketing strategies and an analysis of the competition.
A certificate of incorporation is a legal document that confirms that a company has been registered with the relevant authorities. It should be filed with the Registrar of Companies along with the articles of association and memorandum of association.