GST Registration After Company Incorporation: A Complete Guide (2024)
Registering for Goods and Services Tax (GST) is mandatory for most businesses in India after incorporation. Whether you’re a Private Limited Company, LLP, or OPC, understanding when and how to obtain GST registration ensures compliance and avoids penalties.
This guide covers GST registration rules, step-by-step process, documents required, and post-registration compliance for newly incorporated companies.
Do You Need GST Registration After Incorporation?
Mandatory GST Registration If:
✅ Turnover exceeds ₹40 lakh (₹20 lakh for service-based businesses).
✅ Engaged in inter-state supply (even if below threshold).
✅ E-commerce sellers (irrespective of turnover).
✅ Required under reverse charge mechanism.
Voluntary GST Registration Benefits
✔ Input Tax Credit (ITC) claim on purchases.
✔ Business credibility with vendors/clients.
✔ Eligibility for government tenders.
Step-by-Step GST Registration Process
Step 1: Gather Required Documents
| Document | For Private Ltd/LLP | For OPC |
|---|---|---|
| Certificate of Incorporation (COI) | ✔ | ✔ |
| PAN Card | ✔ | ✔ |
| MOA/AOA | ✔ | ✔ |
| Bank Account Proof | ✔ | ✔ |
| Director’s PAN & Aadhaar | ✔ | ✔ |
| Registered Office Proof | ✔ | ✔ |
Step 2: Apply on GST Portal
Visit GST Portal → Click “Register Now” (Part A).
Fill Basic Details:
Company PAN
Email & Mobile (OTP verification)
Submit Part A → Receive Temporary Reference Number (TRN).
Step 3: Complete Part B Application
Log in with TRN → Fill:
Business details (trade name, constitution).
Principal place of business (electricity bill + rent agreement).
Bank account details.
Authorized signatory (DSC mandatory for companies).
Step 4: Submit & Verify
Upload documents (PDF/JPEG, max 1MB).
Sign via DSC/E-Sign (for companies).
ARN generated → Track status via GST Portal.
Step 5: Receive GSTIN
Approval in 3-7 working days.
GSTIN Format: 22AAACN1234D1Z5 (15-digit alphanumeric).
Post-GST Registration Compliance
| Requirement | Frequency | Due Date |
|---|---|---|
| GST Returns (GSTR-1) | Monthly/Quarterly | 11th of next month |
| GSTR-3B (Tax Payment) | Monthly | 20th of next month |
| Annual Return (GSTR-9) | Yearly | 31st December |
| E-Way Bill (If invoice > ₹50,000) | Per shipment | Before movement |
Penalty for Non-Compliance: ₹100/day (max ₹5,000).
GST Registration Fees & Timeline
Government Fee: ₹0 (free registration).
Professional Fee: ₹1,000 – ₹3,000 (for assistance).
Timeline: 5-7 days (if documents are correct).
Common Mistakes to Avoid
🚫 Wrong HSN/SAC codes (leads to incorrect tax filing).
🚫 Mismatch in GSTR-1 & 3B (triggers notices).
🚫 Missing invoice compliance (serialized, GSTIN displayed).
Why Choose Financial Munshi for GST Registration?
✔ End-to-End Support: From application to return filing.
✔ DSC & E-Sign Assistance: Mandatory for company registrations.
✔ Post-Registration Compliance: GST returns, ITC reconciliation.
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Frequently Asked Questions
1. Can I apply for GST before incorporation?
No, PAN & COI are mandatory.
2. Is GST required if turnover is below ₹40 lakh?
Yes, if engaged in inter-state supplies or e-commerce.
3. Can a company have multiple GST registrations?
Yes, if operating in multiple states (state-wise registration).
4. What if I don’t start business after GST registration?
File Nil returns to avoid cancellation.