PROJECT REPORT

(Submitted for the Degree of B.Com. Honours in Accounting & Finance/

Marketing under the University of Calcutta)

Title of the Project

A STUDY ON REGISTRATION UNDER GST (GOODS AND SERVICES TAX).
Submited by…
Name of the Candidate :RUPAM DASBAIRAGI
Registration No. :424-1111-0653-21
C.U. Roll No. :211424-21-0012
College Roll No. :17
Name of the College:SHYAMPUR SIDDHESWARI MAHAVIDYALAYA

Supervised by…
Name of the supervisor :Mr. Debasis Rej
Associate Professor
Dept. of Commerce
Name of the College: Shyampur Siddheswari Mahavidyalaya
Month & Year of Submission: JUNE 2024
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 Supervisor’s Certificate

This is certify that, a student of B.Com. Honours in Accounting & Finance of

Shyampur Siddheswari Mahavidyalaya, under the University of calcutta has
worked under my supervision and guidance for his project work prepared a
project Report with the title A Study on Registration Under GST(Goods and
Services Tax) which he is submitting, is his genuine and original work to the best
of my knowledge.

Place: Signature:…………………………….
Date : Name: MR. DEBASIS REJ
Associate Professor
Designation: Teacher, Dept. of Commerce
Name of the College: Shyampur Siddheswari Mahavidyalaya, Howrah

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 Student’s Declaration

I hereby declare that the Project Work with the title A Study on Registration
Under GST(Goods and Services Tax) submitted by me for the partial fulfillment of
the degree of B.Com. Honours in Accounting & Finance under the University of
Calcutta is my original work and has not been submitted earlier any other
University/Institution for the fulfillment of the requirement for any course of
study.
I also declare that no chapter of this manuscript in whole or in part has been
incorporate in this report from any earlier work done by others or by me.
However, extracts of any literature which has been used for this report has been
duly acknowledged providing details of such literature in the references.

Place: Signature………………..
Date : Name: RUPAM DASBAIRAGI
Address: Vill-Narayanpur,
P.O.-D.Radhanagar,
Dist.- Howrah
PIN-711312

3
 ACKNOWLEDGEMENT

The dream of successful completion of my Project work is materialized with the

cooperation, help and valuable advice of many eminent personalities. I am
thankful to all my friends and esteemed teachers for their spontaneous
encouragement, valuable guidance and important suggestions in course of this
Project work.

First, I remain deeply indebted to my Supervisor, Mr. Debasis Rej, Associate

Professor, Dept. of Commerce, Shyampur Siddheswari Mahavidyalaya, Howrah,
under whose able guidance this work has been carried out. I shall remain deeply
indebted to him for his constant effort to help me negotiate through the rough
terrain of my research field. His helpful criticism, suggestions, meticulous
reading and editing, constant encouragement and overall moral support made it
possible for me to complete the thesis. Any word of appreciation will definitely
fall short of his contribution towards the outcome of this work.

I have been benefited too from Principal and all teachers of our college. Lastly, I
must gratefully acknowledge the contribution of my parents who have inspired
much in conducting the project work successfully.

RUPAM DASBAIRAGI

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 CONTENTS

SL.NO. TITLE PagE NO.

1. Introduction 6

2. Review of Literature 7

3. Data Source & Research Menthology 7-8

4. Liability to Register 8-10

5. Procedure for registration 11-13

6 Amendment of registration 13-14

7 Cancellation or suspension of 14-16

registration
8. Miscellaneous related to registration 16-17

9. State wise No. of Registration under 18-19

GST in India
10. Conclusion 20

11. Bibliography 20

5
1.Introduction:
The provision of GST registration has been prescribed under chapter VI of the
CGST Act, 2017 and Section 22 to Section 30 of the CGST Act, deals with the
registration by the every supplier of goods and services. GST registration refers to
the process by which a business or entity becomes legally registered under the
Goods and Services Tax (GST) regime of a particular country. It is a mandatory
requirement for businesses involved in the supply of goods or services above a
specified threshold turnover, as determined by the relevant tax authorities. Upon
successful registration, the business is issued a unique Goods and Services Tax
Identification Number (GSTIN), which serves as a recognition of the business
entity for compliance, tax filing, and invoicing purposes. GST registration enables
businesses to legally collect tax from customers, claim input tax credits on
purchases, improve market credibility, and avail various benefits and incentives
provided by the government. Compliance with GST regulations, including timely
filing of returns, maintenance of proper records, and adherence to tax rates and
classifications, is essential for registered businesses to avoid penalties or
cancellation of registration.

Advantages of Registration:
1. Registration is a basic requirement to run the network of GST.
2. Registration is an Authority available to the Registered Person to collect tax on
behalf of the Government.
3. Registration is a source by which the Registered Person can claim input Tax
Credit.
4. Seamless flow of Input Tax Credit among the Registered Persons in national
level is happened due to this Registration.
5. Registration is a tool for the Government. By this Tool the Government analysis
the economy through data available in accounts of Registered Persons.
6.The GST registration process is largely online, making it convenient and
efficient. This reduces paperwork and administrative burden, allowing you
to focus more on your core business activities.

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2. Review of Literature:

Halakhandi,(2007)
GST was suooosed to be introduced in India way back in 2010. It has been getting
postponed due to various reasons major one being getting to a consensus
between the various states and the centre for compensation. The author in the
paper has discussed the existing laws in India for indirect taxes, the VAT laws in
various states with their advantages, the impact of the proposed GST, the
compliance under the proposed GST etc. The author has also used various
numerical examples to demonstrate how GST is cost effective.

Eva,(2008)
The author in his paper has examined the cost ofcomplying with the indirect tax
laws in the slovak Republic by doing research of small, medium and large business
through a questionnaire and concludes that businesses especially the small ones
are not able to and do not make efforts to quantify the cost of compliance which
is quite high due to the complex laws.

Eugen,(2011)
The authors have examined the various methodsadopted by assessees to evade
VAT especilly in intra country transactions in Romania. The authors have also
recommended the documentation and returns which couid be relied upon by
both the authorities and the assessees to ensure that there is no tax evasion.

Mansor,(2013)
GST has always been considered as a tool in the hands of any Government to
increase revenue. The Malaysian Government introduced the said tax in Malaysia
in order to reduce its budget deficit. The authors in the paper have discussed the
readiness of the Malaysian economy in adopting the said newly introduced GST
along with the resctions of various sections of the society.

3. Data Source & Research Menthology:

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The study is based on secondary data collected from various referred books,
Nation and international journals, Government reports, applications fromvarious
websites which focused on various aspect of goods and service tax.
The Researchers used an exploratory research technique based on past literature
from respective journals, annual reports, newspapers and magazines covering
wide collection.

4.Liability to Register:
A. According to Section to 22 (1) of the CGST Act, 2017
If the Supplier makes a taxable supply from his State or Union territory and
his aggregate turnover in a financial year exceeds twenty lakh rupees, he
shall be liable to be registered
Section 2 (6) of the Act for Aggregate Turnover
“aggregate turnover” means the aggregate value of all taxable supplies
(excluding the value of inward supplies on which tax is payable by a person
on reverse charge basis), exempt supplies, exports of goods or services or
both and inter-State supplies of persons having the same Permanent
Account Number, to be computed on all India basis but excludes central tax,
State tax, Union territory tax, integrated tax and cess.
Thus Aggregate Turnover is a total of turnover of all branches all over of India
of the Supplier having same PAN.
Explanation to section 22 in regard of Aggregate Turnover: -
(i) the expression “aggregate turnover” shall include all supplies made
by the taxable person, whether on his own account or made on behalf
of all his principals;
(ii) the supply of goods, after completion of job work, by a registered job
worker shall be treated as the supply of goods by the principal
referred to in section 143, and the value of such goods shall not be
included in the aggregate turnover of the registered job worker;

Example for Section 22(1)

(i) The Supplier has two showrooms one in Delhi and other is in Haryana.
He is making taxable as well as exempt supply from both showrooms.

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 As on 22-10-2019 sale in Delhi was say Rs.888000.00 and sale in
Haryana was say Rs.1200000.00. Total sale as on 22-10- 2019 was
Rs.2088000.00. Since the aggregate turnover exceeds Rs.20 lakh, the
Supplier is liable to be registered in both states Delhi and Haryana.

(ii) In above example the Supplier makes only exempt supply from
Haryana Showroom and makes taxable as well as exempt supply from
Delhi Showroom. As on 22-10-2019 detail of sale is as under:

Delhi – Rs. 888000.00 (Taxable and Exempt Supply)

Haryana – Rs. 1200000.00 ( Only Exempt Supply )

The Supplier is liable to be registered in Delhi because he makes taxable supply

and aggregare turnover exceeds Rs.20 lakh i.e. Rs.2088000.00

The Supplier is not liable to be registered in Haryana even though aggregate

turnover exceeds Rs.20 lakh because he is not making any taxable supply from
the state of Haryana.

For Special Category States - Aggregate Turnover shall be ten lakh rupees
in place of twenty lakh rupees.

The expression “special category States” shall mean the States as specified in sub-
clause (g) of clause (4) of article 279A of the Constitution except the State of
Jammu and Kashmir and States of Arunachal Pradesh, Assam, Himachal Pradesh,
Meghalaya, Sikkim and Uttarakhand.

B. According to section to 22(3) of the CGST Act,2017-Where a business

carried on by a taxable person registered under this Act is transferred,
whether on account of succession or otherwise, to another person as a
going concern, the transferee or the successor, as the case may be, shall be
liable to be registered with effect from the date of such transfer or
succession.
C. According to section to 22(4) of the CGST Act,2017- in a case of transfer
pursuant to sanction of a scheme or an arrangement for amalgamation or,
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 as the case may be, demerger of two or more companies pursuant to an
order of a High Court, Tribunal or otherwise, the transferee shall be liable
to be registered, with effect from the date on which the Registrar of
Companies issues a certificate of incorporation giving effect to such order
of the High Court or Tribunal
D. Compulsory registration in certain cases according to section 24
The following categories of persons shall be required to be registered under
this Act,-
(i) persons making any inter-State taxable supply;
(ii) casual taxable persons making taxable supply;
(iii) persons who are required to pay tax under reverse charge;
(iv) persons who are required to pay tax under sub-section (5) of section
9;
(v) non-resident taxable persons making taxable supply;
(vi) persons who are required to deduct tax under section 51, whether or
not separately registered under this Act;
(vii) persons who make taxable supply of goods or services or both on
behalf of other taxable persons whether as an agent or otherwise;
(viii) Input Service Distributor, whether or not separately registered under
this Act;
(ix) persons who supply goods or services or both, other than supplies
specified under sub-section (5) of section 9, through such electronic
commerce operator who is required to collect tax at source under
section 52;
(x) every electronic commerce operator 8[who is required to collect tax
at source under section 52];
(xi) every person supplying online information and data base access or
retrieval services from a place outside India to a person in India, other
than a registered person; and
(xii) such other person or class of persons as may be notified by the
Government on the recommendations of the Council

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5.Procedure for Registration:

Online Fill Application

New Registration
Registration Portal Form

Processing Verification Upload Document

Acknowledgment
Compliance
and GSTIN

The procedure for registering for Goods and Services Tax (GST) typically involves
several steps. While the specific process may vary depending on the country,
here's a generalized outline:

A. Online Registration Portal: Most countries have an online portal dedicated to

GST registration. Visit the official GST portal of your country's tax authority.

B. New Registration: Look for the option to apply for new registration. This is
usually available on the homepage or under a section specifically for registration.

C. Fill Application Form: Complete the GST registration application form provided
on the portal. You'll need to provide various details about your business, such as:

- Legal name of the business

- Type of business entity (e.g., proprietorship, partnership, company)
- PAN (Permanent Account Number) of the business
- Contact details
- Address of the principal place of business

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 - Details of proprietors/partners/directors, including their PAN and Aadhaar
number (in some countries)
- Bank account details
- Details of authorized signatory, if applicable

D. Upload Documents: Scan and upload all the required documents as specified
on the portal. Common documents may include:

- Proof of business registration (e.g., certificate of incorporation,

partnership deed)
- Proof of address of the principal place of business
- Identity and address proofs of proprietors/partners/directors
- Photographs of proprietors/partners/directors
- Bank account details (e.g., canceled cheque or bank statement)

E. Verification: After submitting the application and documents, the tax authority
will verify the details provided. This may involve authentication of the PAN and
other information provided.

F. Processing: Once the verification process is complete, the tax authority will
process your application. This may take a few days to a few weeks, depending on
the country and the workload of the tax authority.

G. Acknowledgment and GSTIN: Upon successful registration, you will receive an

acknowledgment or a GST registration certificate. This certificate will contain your
unique Goods and Services Tax Identification Number (GSTIN), which is a 15-digit
alphanumeric code.

H.Compliance: After registration, ensure ongoing compliance with GST

regulations. This includes filing periodic GST returns, maintaining proper records,
and adhering to other GST-related requirements.

12
Throughout the registration process, it's important to double-check the accuracy
of the information provided and ensure compliance with all requirements. If you
encounter any difficulties or have questions, consider seeking assistance from a
tax professional or contacting the tax authority's helpline for guidance.

6. Amendment of Registration:

Amendment of GST registration refers to modifying or uploading the details

provided during the initial GST registration. It allows registered individuals or
entities to change their registration information as required by updating
particulars such as business address, contact details, authorized signatories,
business activities, or any other relevant information.

❖ Types of GST Registration Amendments

Amendment of registration under GST details is structured into two primary
categories, each defined by the required authorisation level and the timeline for
implementing changes. Moreover, when requesting amendments to certain
sections of the registration application, it’s mandatory to justify the need for these
changes as part of the GST registration protocol.

A. Amendments to core Fields

Amendments in this category concern critical information such as the legal name
of the business, the main business location, and any secondary business
locations. Changes to these core fields require approval from the appropriate
governing body and usually take about 15 days to received confirmation. These
changes are integral to the business’s GST registration identity.

▪ Core Field Details

• The legal name of the business providing the PAN remains unchanged.
• Main and secondary business locations, assuming there’s no change in
the state.
• Changes involving key stakeholders like promoters, partners, karta, the
managing committee, or CEO.
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 B. Amendments to Non-core Fields

This category includes all other registration details that don’t need approval from
a regulatory body. Changes to non-core fields can be made directly online,
facilitating a swift update process. This category essentially covers all details
outside of core fields, allowing businesses to modify certain information
conveniently.
▪ Non-core Field Details
• Updates to bank account details.
• Adjustments in business information.
• Updates to the list of goods and services offered.
• Modifications to state-specific details without altering the state.
• Changes in authirized signatories or representatives.
• Updates or modifications in details of existing stakeholders like
promoters, partners, or karta.
• Minor adjustments in the current main or secondary business
locations.

7.Cancellation or suspension of registration:

A.Cancellation of Registration

Cancellation of GST Registration means the permanent closure of the GSTIN in

some circumstances such as ciosure/transfer/change in constitution of the
business etc. and it can be applied by filling an application on the GST Portal and
by the proper officer suo-moto in the circumstances such as non-filing of returns,
fraud, contravention of provisions of the Act etc.
Cancellation of GSTIN is of two types-I. Cancallation by the proper Officer Suo-
moto, II. Volantary Cancellation by the Registered Person. We will discuss about
both types of cancellation.
I. Cancallation by the proper Officer Suo-moto:

Any registration granted under this Act may be cancelled by the proper
officer. The various circumstances and the provisions of the law on this subj-
14
 ect have been outline under this section.
The proper officer may cancle the registration from a date, including any
retrospective date, in case when-
• The register taxable person has contravened such provisions of the Act
or the rules made thereunder as may be prescribed; or
• A person paying tax under Composition scheme has not furnished
return for three consecutive tax period; or
• Any registered person who has not furnished returns for a continuous
period of six months; or
• Any person who has taken voluntary registration and has not
commenced business within six months from the date of
registration;or
• Does not conduct any business from the declared place of business; or
• Issue invoice or bill without supply of goods or services in violation of
the provisions of this Act, or the rules made thereunder; or
• Violates the provisions of Anti-profiteering; or
• Where registration has been obtained by means of fraud, willful
misstatement or suppression of fact.

II. Volantary Cancellation by the Registered Person:

A registration granted can be cancelled by the proper officer on application

by the registered person when-
• The business is discontinued, transferred fully for any reason inciuding
death of proprietor, amalgamated with other legal entity, demerged or
otherwise disposed of; or
• There is any change in the constitution of the business; or
• The taxable person is no longer liable to be registered under sections
22 or section 24; or
• Intends to opt out of the registration voluntarily.

B. Suspension of registration

Suspension of a Registration under GST means to put a tamporary hold on the

15
GSTIN till the completion of any proceedings under these Act or rules. CGST
(Amendment) Act, 2018 notified with effect from 1st Feb 2019, provided that
during the pendency of the proceeding relating to cancallation of registration filed
by the registered person, the registration may be suspended for such period and
in such manner as may be prescribed.

Section 29 of CGST Act, 2017 and Rule 21A of the CGST Rules, 2017, provides for
suspension of registration in the following manner-
• Where a registered person has applied for cancellation of registration, the
registration shall be deemed to be suspended from the date of submission
of the application or the date from which the cancellation is sought,
whichever is later, pending the completion of proceeding for cancellation of
registration under rule 22.
• Where the proper officer has reasons to believe that the registration of a
person is liable to be cancelled, he may, after giving the said person a
reasonable opportunity of being heard by sending intimation and show
cause Notice, suspend the registration of such person with effect from a
date to be determined by him.
• A registered person, whose registration has been suspended, shall not make
any taxable supply during the period of suspansion and shall not be required
to furnish any return under section 39.
• The suspension of registration shall be deemed to be revoked upon
completion of the proceedings by the proper officer under rule 22 and such
revocation shall be effective from the date on which the suspension had
come into effect.

8. Miscellaneous related to registration:

A. SEZ unit in the same State or Union Territory – The person shall have to apply
for a separate registration, as distinct from his place of business located outside
the Special Economic Zone in the same State or Union territory.

B. Voluntary Registration is allowed by virtue of Section 25 (3).

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C. Distinct Persons – Section 25 (3) – Branches of the person registered in the
same state separately or registered in other state shall be treated as Distinct
Persons for the purpose of the Act.

D. Sub-section 6A to sub-section 6D of section 25 have been introduced by the

Finance (No. 2) Act, 2019, with effect from a date yet to be notified. The sections
require authentication or proof of possession of the aadhaar number from the
existing registered persons and from the person for eligible for grant of
registration.

E.Display of registration certificate and GSTIN on the name board ( Rule 18 ) –

I. Every registered person shall display his certificate of registration in a
prominent location at his principal place of business and at every additional
place or places of business.
. II. Every registered person shall display his Goods and Services Tax
Identification Number on the name board exhibited at the entry of his
principal place of business and at every additional place or places of
business.

F. Physical verification of business premises ( Rule 25 ) – Where the proper

officer is satisfied that the physical verification of the place of business of a
registered person is required after the grant of registration, he may get such
verification done and the verification report along with the other documents,
including photographs, shall be uploaded in FORM GST REG-30on the common
portal within a period of fifteen working days following the date of such
verification.

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9. State Wise No. of Registration Under GST in
India as on 31st Mar 2024

State Code State Name No. of Registration

1 Jammu and Kashmir 146129
2 Himachal Pradesh 127298
3 Punjab 402332
4 Chandigarh 31462
5 Uttarakhand 203942
6 Haryana 534343
7 Delhi 797520
8 Rajasthan 881345
9 Uttar pradesh 1901964
10 Bihar 638814
11 Sikkim 11352
12 Arunachal Pradesh 18404
13 Nagaland 10721
14 Manipur 14148
15 Mizoram 8156
16 Tripura 32265
17 Meghalaya 30531
18 Assam 228770
19 West Bengal 753190
20 Jharkhand 203486
21 Odisha 336126
22 Chattisgarh 179031
23 Madhya Pradesh 540452
24 Gujarat 1192055
25 Daman and Diu 3
26 Dadra and NagarHaveli 15843
27 Maharashtra 1747298
29 Karnataka 1020047
30 Goa 44198
31 Lakshadweep 393
32 Kerala 415092
33 Tamil Nadu 1144108
34 Puducherry 24217
35 Andaman and Nicobar Island 5920
36 Telangana 524806
37 Andhra Pradesh 417876
38 Ladakh 8800
97 Other Territory 88
99 Center Jurisdiction 565
Total 14593090

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 0
200000
400000
600000
800000
1000000
1200000
1600000
1800000
2000000

1400000
Jammu and Kashmir
Himachal Pradesh
Punjab
Chandigarh
Uttarakhand
Haryana
Delhi
Rajasthan
Uttar pradesh
Bihar
Sikkim
Arunachal Pradesh
Nagaland
Manipur
Mizoram
Tripura
Meghalaya
Assam

19
West Bengal
Jharkhand
Odisha
Chattisgarh
Madhya Pradesh

No.of Registration under GST

Gujarat
Daman and Diu
Dadra and NagarHaveli
Maharashtra
Karnataka
Goa
Lakshadweep
Kerala
Tamil Nadu
Puducherry
Andaman and Nicobar Island
Telangana
Andhra Pradesh
Ladakh
Other Territory
Center Jurisdiction
The data on the previous page is presented through chart.
10. Conclusion:
Implementation of GST is one of the best decision taken by the Indian
government. For the same reason, july 1 was celebrated as Financial
Indipendence day in India when all the Members of Parliament attended the
function in parliament House. The transition to the GST regime which is accepted
by 159 countries would not be easy. Confusion and comolexities were expected
and will happen. India, at some point, had to comply with such regime. Though
the structure might not be a perfect one but once in place, such a tax structure
will make India a better economy favorable for foreign investments. Until now
India was a union of 29 small tax economies and 7 union territories with different
levies unique to each state. It is a much accepted and appreciate regime because
it does away with multiple tax rates by centre and states and if you are doing any
kind of business then you should register for GST as it is not only going to help
Indian government but will help you also to track your business weekly as in GST
you have to make your business activity statement each week.

11. Bibliography:

WEBSITES:
✓ http://www.gst.gov.in
✓ http://www.taxmann.com
✓ http://www.icai.org

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