GST Registration in Kolkata

Documents Required for Online GST Registration in Kolkata

The online GST registration requires the following documents:

Proprietorship

• PAN Card and address proof of proprietor
• Latest Photo of Proprietor
• Latest Address proof of proprietor
• Current Bank Statement / Cancelled cheque
• Aadhar verification

Limited Liability Partnership (LLP)

• PAN Card of LLP
• LLP Agreement
• Partners’ names and address proof
• Latest photo of partners
• Current Bank Statement / Cancelled cheque
• Aadhar verification of one partner

Private Limited Company

• Certificate of Incorporation
• PAN Card of Company
• Articles of Association, AOA
• Memorandum of Association, MOA
• Resolution signed by board members.
• Proof of address of Registered office
• Identity and address proof of directors
• Aadhar verification of one director

Who needs a GST registration in Kolkata?

The following entities having business in Kolkata should obtain GST registration in Kolkata:

• Inter-state suppliers of goods and services from west Bengal state to any other state or union territory.
• Supplier’s agent & input service distributor.
• Those who have registered under the pre-GST Law (VAT, Service Tax, excise and so on).
• A person who supplies online information and provide database access or retrieve services from abroad to an individual in India, other than a registered taxable person (OIDAR).
• Persons need to deduct TDS / TCS under GST.
• The person is liable under the reverse charge mechanism.
• e-commerce aggregator.
• Persons who supply using e-commerce aggregator.
• Non-resident taxable persons.
• Any person/business as notified by Central / State Govt.

What is the penalty for not registering under the GST in Kolkata?

An individual is liable to pay a fine of 10% of the tax amount due subject to a minimum of Rs 10,000.

In case if an individual has deliberately evaded payment of tax, then he will be penalized at 100% of the tax amount due.

What is aggregate turnover as per GST Law?

As per the GST Law under section 2(6) of the CGST/SGST Act, an Aggregate turnover includes the aggregate value of

• all exempt supplies
  • all taxable supplies
  • export of goods/services
  • all inter-state supply of a person having the same PAN.

All the above mentioned will be calculated across the country, and it excludes taxes charged under the CGST Act, SGST Act, UTGST Act, and the IGST Act.

The term aggregate turnover includes all supplies made by the taxable person, either on his own account or on behalf of all his principals.

What are GSTIN and GST State codes used in GST Registration in Kolkata?

GSTIN stands for the GST Identification number, which is assigned to every dealer who registers under the GST law.

GSTIN is a 15-digit number. The following is the break-up of the GSTIN:

• The first two digits of GSTIN represents the state code, which is a unique one, and this is taken from the Indian Census of 2011. The GST state code for West Bengal is 19, as per the GST state code list.
• The following 10-digits will be the Permanent Account Number of the taxpayer.
• The thirteen-digit is assigned based on the number of registration within a state.
• The fourteenth will be the letter ‘Z’ by default.
• The last one will be for check code; it can either be an alphabet or a number.

What Is the Threshold Limit for GST Registration in Kolkata?

The threshold limit for an annual turnover of Rs 20 lakhs was kept during inception for mandatory GST registration. Thereafter, states like West Bengal were given options to either opt for new limits or continue with the existing ones. West Bengal opted to raise this limit to Rs 40 lakhs for the sale of goods. Additionally, this new limit came into effect from 1 April 2019 onwards. However, no changes were made to the threshold limits for service providers in the state of West Bengal.