How to Apply for a GST Registration in Maharashtra

Last Updated at: Jul 06, 2021
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According to the Finance Ministry released recently, GST revenue collection has surpassed Rs 1.05 lakh crore in October, 2020. This is 10% more than the collection in October 2019 which stood at Rs 95,379 crore. The GST collection in October has been the highest in this financial year so far and the highest since February 2020.

 

The adoption and implementation of the Goods and Services Tax were one of the most significant taxation reforms India has ever introduced. GST registration in Maharashtra, or anywhere in India for that matter is a mandatory requirement in some instances. The government has set an income threshold for mandatory GST registration in India. In case any enterprise or business crosses this threshold, they will have to register for the GST. Also, regardless of prior incorporation, if you have an office within the state, you will have to complete your GST registration in Maharashtra. In this article, we will take a closer look at the GST registration requirements in Maharashtra and how to complete the process.

  1. What is GST?
  2. Who all should register for GST in Maharashtra?
  3. Things to know about GST registration in Maharashtra
  4. How to apply for an online GST registration in Maharashtra
  5. Documents required for GST Registration in Maharashtra
  6. How VakilSearch can help

What is GST?

GST, which stands for Goods and Services Tax, is a new form of taxation that has replaced the other indirect taxes in India. The law regarding the same came into force from July 1st, 2017, and there are five different tax slabs under the current regime, from 0% to 28%. The GST threshold for businesses was raised from INR 20 lakhs to INR 40 lakhs in 2019. In case businesses exceed this threshold, not registering under the GST is an offence which will lead to hefty penalties. In case an individual has made genuine errors and not paid the taxes they are due, the penalty will amount to 10% of what they are due, with a minimum amount being INR 10,000.

Who all should register for GST in Maharashtra?

  1. Individuals who fall under the purview of the Pre-GST law, such as Excise, VAT, and Service Tax 
  2. Businesses who make more than INR 40 lakhs annually.
  3. Businesses situated in Jammu and Kashmir, Uttarakhand, Himachal Pradesh, and North-Eastern states which make more than INR 10 lakhs annually
  4. Casual taxable person 
  5. Non-Resident taxable person
  6. Agents of either an input service distributor or supplier
  7. Individuals who fall under the reverse charge mechanism
  8. People who supply goods via e-commerce aggregators
  9. Any e-commerce aggregator
  10. People who supply online information from outside India to someone within India

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Things to know about GST registration in Maharashtra

  1. The exclusion criteria for GST in Maharashtra is that the business makes less than INR 40 lakhs.
  2. In case the business provides products or services outside Maharashtra, then no fundamental exclusion will apply.
  3. The GST regime comprises three sections, namely Central GST, GST Maharashtra, and Incorporated GST. While the Central and State GSTs apply for intrastate trade, IGST is levied whenever there is interstate trade.
  4. All earlier current assessments including VAT, Service tax, and other levies have been brought under one single tax called the GST.
  5. The entire process of online GST registration in Maharashtra will take around seven working days.
Discover the GST rate, HSN code, or SAC code for all goods and services by using our GST rate finder service. This finder service is also known as the HSN code finder. For products and services, GST is calculated on the basis of an item’s HSN or SAC code.

How to apply for an online GST registration in Maharashtra

  1. Here’s a quick look at how to obtain a new GST registration in Maharashtra.
  2. First and foremost, applicants must visit the GST portal via this link.
  3. From the homepage, navigate to the Services tab, and then go to the Registration section.
  4. Applicants should then click on the New Registration option. 
  5. This will redirect applicants to a new page that displays an application form that consists of two parts – Part A and Part B.
  6. In Part, A users must choose the New Registration option and select Taxpayer from the drop-down menu for the type of citizen. 
  7. Next, enter your legal business name, choose Maharashtra as the state, and select the appropriate district to continue. Afterwards, users must enter details, such as their email address and mobile number to proceed.
  8. To complete the verification process, enter the CAPTCHA code and click on Continue.
  9. Once you receive an OTP for verification, enter it in the appropriate field and click on the Proceed button. 
  10. Once the process is complete, the system will display a Temporary Reference Number.
  11. To complete Part B, users will have to log in using their TRN, navigate to the My Saved Application pageant, click on the Edit option.
  12. The page contains ten tabs which require details including Business Details, partners, place of business and bank details. 
  13. Enter all the required details and click on Continue. 
  14. Under the Verification tab, users will have to submit a Digital Signature Certificate or EVC to authorise the application. 
  15. Lastly, users must click on Submit and then Proceed. On successful submission, a message regarding the same will come up on the screen.

Documents required for GST Registration in Maharashtra

  1. Photograph of the proprietor, managing partner, director
  2. Partnership deed/ Incorporation certificate/ Trust deed/ Society registration 
  3. If you own the place of business, then a certificate of registration, property tax receipt or bills no older than three months
  4. If you have rented the place of business, rent or lease agreement or electricity bill in the owner’s name.
  5. Scanned copy of bank statement
  6. Copy of cancelled cheque containing bank details 
  7. Authorisation form
  8. Applicant’s PAN card
  9. Aadhaar card of the applicant
  10. Identity and Address proof of the directors or partners

How VakilSearch can help

  1. Our team of expert lawyers can guide you throughout the GST registration process and file the application for you.
  2. We can help with the legal documentation required to obtain a GST Identification Number online.
  3. Our team will handle any hassle or compliance requirement that might arise during the process.
  4. We can also handle all your return filings for you, ensuring you stay GST-compliant.
  5. Our legal representatives are always available to explain the process and clear any queries you may have.