1. When I need GST Registration?
For businesses dealing in goods, GST registration is exempted up to a turnover of ₹40 lakhs, while for service-based businesses; the exemption limit is ₹20 lakhs. However, even if your turnover is below these limits, obtaining a GST number can still be essential in many cases. For instance, most e-commerce platforms, inter-state business transactions, some bank current account applications, and partnerships with larger companies often require GST registration. Additionally, a GST number is necessary to qualify for business loans like cash credit, MSME loans, SME loans, government subsidy schemes, and startup funding. Registering for GST can also enhance your credibility, helping you present yourself as a trusted business owner and creating better business opportunities.
2. Can I register from Residential address?
As per the latest practice, you cannot register for GST using a residential address unless you are operating a digital or virtual service-based business where no physical visits are required.
3. Should I do PAN, Aadhar & Mobile link before GST registration?
Yes, linking your PAN with Aadhaar is recommended before applying for GST registration. The PAN-Aadhaar link is essential because GST verification often requires Aadhaar authentication to complete the registration process. Also, it’s advisable to link your mobile number to your Aadhar before applying for GST registration.
4. Can I do multiple GST Registration on the same address?
Yes, you can have multiple GST registrations for the same address if you operate more than one business (with different business verticals) from that location. Each business must have a unique PAN and meet the necessary requirements for GST registration, but using the same address is permissible under GST rules.
5. Can I get multiple GST Registration on same Pan Card?
No, you cannot obtain multiple GST registrations under the same PAN card. In GST, each unique registration under the same PAN is known as a "GSTIN" (GST Identification Number).
6. Is the Notary agreement acceptable for GST Registration?
A notarized rental agreement is no longer accepted for GST registration. For GST purposes, a registered rent agreement is required.
7. Do I require supporting Address proof for GST Registration?
Yes, you are required to provide one supporting address proof document for GST registration.
8. Can I use the same mobile no or email ID for multiple GST registrations?
As per the latest practices and guidelines from GST officers, you cannot use the same mobile number and email ID for multiple GST registrations. Each mobile number and email ID must be linked to a specific PAN and Aadhaar.
9. Are there any chances of receiving GST Department notice of not registered for GST while Income Tax Return filing for turnover above threshold limit?
Yes, there is a chance of receiving a GST department notice if your turnover exceeds the GST registration threshold limit and you have not registered for GST. This can happen when the Income Tax Return (ITR) is filed and the turnover mentioned in the return exceeds the GST registration threshold (₹40 lakhs for goods suppliers or ₹20 lakhs for service providers).
10. Do I need Parents NOC on affidavit?
Yes, if you are applying for GST registration using your parents' property, a No Objection Certificate (NOC) from your parents may be required. While it doesn’t always have to be on an affidavit, some jurisdictions or GST officers may request the NOC in affidavit form for added legal validity.
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