Goods and Services Tax or GST has been implemented in India from 1st July 2017 and Non-Resident taxpayers are also required to obtain GST registration if they do business in India and file their GST returns also. According to the GST Act, “Non-Resident Taxable person” means any person who occasionally undertakes transactions involving the supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India. All Non-Resident Taxable persons are required to appoint an authorized person in India to comply with GST regulations.
Non -Resident Taxpayers are required to obtain GST registration as a Non-Resident Foreign Taxpayer from the 5 days before the undertaking business in India. An application for GST registration for Foreigners of Non-Resident Taxable persons must be made through an authorized agent in India. Once, an application for GST registration is filed, a transaction number would be generated. Using the transaction number, the GST deposit must be made by the taxpayer to obtain GST registration in India.
In case, the Non-Resident person intends to extend the period of registration indicated in his application of registration, an application in Form GST REG-11 shall be submitted either directly online or through a facilitation Centre notified by the commissioner before the end of the validity of registration granted to him (Rule 15(1) of CGST Rule 2017).
This extension will be allowed only on payment of the amount of an additional amount of tax equivalent to the estimated tax liability for the period for which the extension is sought has to be deposited (Rule 15 (2) of CGST Rule 2017). A Casual Taxable person has to make an advance deposit of tax in an amount equivalent to his estimated tax liability for the period or which the registration is sought.
When applying for GST registration, the documents required for NRI GST registration for foreign company in India are:
we at tax pro experts go through our client’s needs and situation. we provide you:
Contact Us
The process for GST registration for foreigners is the same as the process for GST registration for domestic businesses. Foreign businesses must register with the ATO and obtain a GST number. They will then need to charge GST on all supplies of goods and services made to Australian customers.
There are a number of benefits to registering for GST, including: -You can claim back any GST paid on purchases made for your business -You can avoid paying GST on items you sell -You can register for GST online, which makes the process quick and easy.
You will need to provide your name, contact information, and business address. You will also need to provide your GST number.
As long as you don't hire an adviser to help you with the process, there are no fees associated with GST registration.
Once you have registered for GST, your registration will remain valid indefinitely.
There are many reasons to choose Tax Pro Experts for business services and needs. They are a reliable and trusted source for all things business related, from GST registration to bookkeeping and more. They are here to help you every step of the way, and their team is always available to answer any questions you may have. Contact them today to learn more about how they can help you grow your business.
Yes. PAN is mandatory for the GST registration application.
GSTIN or GST Identification Number is a 15 digit number which is PAN-based and State wise. It is used to uniquely identify businesses which have been registered under GST.
Entities that supply agricultural produce; or those which generate nil-rated or non-taxable supplies of services and goods; or those which are covered under the reverse charge mechanism are exempt from GST registration.
Goods under GST are classified based on their HSN (Harmonised System of Nomenclature) code. Services under GST are classified based on their SAC (Services Accounting Code).
Yes. In the following scenarios: In case a person wishes to cancel his GST registration voluntarily, or when a taxable person commits a default and his GST certificate is moved to cancel by the appropriate officer.
Separate GST registrations can be obtained in the scenario when an entity has separate business verticals within the same state. Otherwise, in a single state, only a single GST registration is allowed per PAN. In case multiple branches are present then one branch can be shown as the principal branch or place of business, while others can be shown as additional places of business.