GST Registration in Mumbai, Maharashtra – How to register for GST in Mumbai, Maharashtra

Introduction

Mumbai, the financial capital of India is very famous for its culture business etc. Mumbai is one of those places in India where the impact of GST is most. This is because it is the hub of all the corporate offices of large MNC to MSMEs.

GST registration in Mumbai or anywhere in Maharashtra is mandatory if you are supplying goods/services from anywhere in Mumbai or Maharashtra. Further, even if you are registered anywhere in India but having the branch office in Mumbai or Maharashtra, then also you shall need to register under Maharashtra GST.

Here are some important points for GST registration in Mumbai, Maharashtra:

• Basic exemption limit in Mumbai, Maharashtra is Rs.20 lakh. However; no basic exemption limit shall apply to you if you supplying goods/services outside Maharashtra.

• The GST can be classified into three parts, one is the Central GST (CGST), another is Maharashtra GST (SGST) and the third one is integrated GST (IGST).

• CGST and MGST are levied in case of intrastate (within state) and IGST is in case of Interstate supplies (outside the state).

• All the existing taxes like Maharashtra VAT, Maharashtra Service tax or luxury tax has been subsumed under single tax which is known as GST.

• It may take 3 to 7 working days to get the GST registration in Mumbai, Maharashtra.

• Further, no security deposit is required for GST registration in Mumbai or anywhere in Maharashtra.

Let us discuss the complete procedure to register for GST in Mumbai, Maharashtra:

#Step No. 1 – Documents for GST registration in Mumbai, Maharashtra

You must gather all the following documents in scan copy so that they can be easily uploaded with the government. The list of documents is as follows:

1. Photo of the Authorised person

• Proprietor in case of proprietorship
• Managing partner/designated partner in case of firm/LLP
• Managing director/whole time director in case of Companies
• In any other case, a photo of managing the person.

2. Proof of Registration

• Partnership deed in case of partnership firm
• Registration certificate in case of LLP and Companies
• No registration certificate required in case of proprietorship
• Trust deed, society registration incase of Trust, societies etc

3. Proof of Principle place of business

• If you own the property, then ownership document like electricity bill, tax receipt/property tax receipt or registry documents of that place.
• If you are on rent, then copy of rent agreement/lease agreement with electricity bill in the name of the owner.
• If you neither own the property nor on rent, then submit electricity bill along with copy of NOC. E.g. taking registration at relative places.

4. Other documents

• Scanned copy of bank statement/bank passbook or scan copy of cancelled cheque containing Name, bank account no., MICR, IFSC and branch details including code.
• Authorisation form

#Step 2 – File form GST REG – 01 PART A and PART B

The next step is to file the GST REG – 01 form. Initially, the basic details are entered and verified by the department. Further, once the verification is over, the person can proceed to file the rest of the form.

Further, the online form shall have the following features:

• All the information related to PAN, Aadhar, CIN, directors shall be validated online.

• Provide email and mobile number of authorised signatory for verification and future communication which shall be done on the basis of OTP.

• No fee is payable to the government for registration.

• Any person having multiple business verticals within a State, requiring a separate registration for any of its business verticals shall need to apply separately in respect of each of the vertical.

#Step 3 – Sign the application with Digital Signature and submit the application

Once the application is properly filed, you must recheck all the details entered. After that, the application needs to be signed with a digital signature class 2 certificates. Further, you also have to configure your system to run the DSC properly.

#Step 4 – Verification of application submitted

Once the application is submitted online, the documents and the application shall be verified by the officer. The application shall be verified in three working days. If the application is found to be fine, the approval shall be granted. However, if there is any deficiency in the application, then the same shall be rectified by the applicant within 7 working days.

#Step 5 – Issue of Registration certificate

Once the application is approved, the registration certificate is granted in the form GST REG – 06.

#Step 6 – GST software in Mumbai, Maharashtra

Once you are registered for GST, then the next step is to look forward towards filing the GST return. This is because the compliance is so much complex that you shall need a GST software to manage your compliances in Mumbai or anywhere in India.

Conclusion

In case of any doubt or query, you can directly email it to info@hubco.in.

Related Links:

• GST Registration
• GST Return Filings
• GST Software

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