GST Course

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Introduction

Goods and Services tax (GST), which is often known as a historic reform, is now around the corner. After president Pranab Mukherjee gave his assent on September 8, 2016, the Government is firing on all cylinders to implement GST by April 1, 2017.  However, the implementation will be little early for the existing tax payers.

As you all are aware that Goods and Service Tax (GST) is on surge to get implemented and transition phase have been started w.e.f. 08/11/2016 thus, to avoid rush GST council have set up a mechanism for enrolment of existing dealers registered under current indirect tax regime to get migrated to GST. 

Who all are liable to enrol?

Existing taxpayers are liable to enrol under GST system portal. An existing taxpayer is an entity registered with any of the authorities;

  • Central Excise
  • Service Tax
  • State sales tax/VAT (except exclusive liquor dealers)
  • Entry tax
  • Luxury Tax
  • Entertainment tax

Further enrolment here means validating the data of existing taxpayers and filing up the remaining key fields.

Time period for Enrolment
Enrolment process for VAT dealers of North India to be starting from 16/12/2016 till 31/12/2016

Procedure for Enrolment

For Enrolment for Provisional GST ID User need to Follow following Steps:

GSTN has been assigned the task of collection of data of existing taxpayers as a step towards advance preparation for their smooth transition to GST. Existing Taxpayers can enrol themselves through provisionally provided GSTIN (Goods and Services Tax Identification Number) called as Provisional ID and update their business related details on the GST portal.

Steps to complete Provisional Registration

Step 1: Enter the Username and Password provided to you by your State VAT Authority

Step 2: Enter Mobile Number and Email Address of the authorized signatory of the business entity All future correspondence from the GST portal will be sent on this registered Mobile Number and Email Address

Step 3: Enter OTP sent on Mobile Number and Email Address provided by you

Step 4: Enter information and upload scanned images as mentioned in provisional registration form

Documentation requirement

1. PAN Card of business entity

  • Proprietor. 
  • Partnership firm.
  • Company.

2. Proof of constitution

  • Partnership deed.
  • Certificate of incorporation in case of company.

3. Proof of place of business and additional place of business. 

  • House tax receipt.
  • Electricity bill.

4. Bank statement showing name of account holder, MICR code, IFSC code and Bank Branch details.

5. Authorised signatory details 

  • List of Partners with their identity and address proofs.
  • List of Directors with their identity and address proofs.
  • PAN card.
  • ADHAAR card.
  • Voter card/Driving License. 
  • DIN of directors. 

6. Photograph of the Authorised signatory

  • Proprietor. 
  • Karta in HUF.
  • Partner in Partnership Firm.
  • MD in case of company.

7. Copy of registration certificates 

  • Service Tax Registration No.
  • Central Excise Number 
  • IEC Number.

All documents to be scanned and uploaded.

Along with above documents, there is a format to be filled for authorised signatory.

Kindly get ready with these documents for smooth and timely transition. 

The author can also be reached at cavarunjain91@gmail.com


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Category GST, Other Articles by - Varun Jain 



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