GST registration for partnership firm

Partnership Firm GST Registration Online


GST Registration For Partnership Firm

GST Registration for partnership firm is applicable in turnover exceeding the given limit of 20/40 lac. documents required for gst registration for partnership firm are firm PAN Card, Partners KYC, Bank cheque/statement, etc. Duration for GST Registration is appx 3-4 days.


GST Registration Turnover Limit Applicability on Partnership Firm

Section 22 to 25 specifies the persons ( Partnership Firm) who are liable to obtain GST Registration. Every person who is engaged in the supply of will  be liable to be registered under the GST if
Aggregate Turnover in a financial year of taxable supply of goods exceeds Rs. 40 Lac (Turnover > 40 Lac) or Aggregate Turnover in a financial year of taxable supply of services exceeds Rs. 20 Lac (Turnover > 20 Lac)

Aggregate Turnover in a financial year of taxable supply of goods or services exceeds Rs. 10 Lac if a person is located in North Eastern area ( Manipur, Arunachal Pradesh, Nagaland, Meghalaya, Assam, Tripura & Mizoram, Sikkim, Jammu & Kashmir, Himachal Pradesh & Uttarakhand ) ( Turnover > 10 Lac )


Documents Required For GST Registration For Partnership Firm


For GST Registration of partnership firm documents are required in soft copy. The firm needs to submit submits to GSTN common portal for GST Registration.


  1.    Partnership Firm PAN Card
  2.   Partnership Firm Deed
  3. All Partners PAN Card
  4.  All Partners Address Proof ( Adhar Card / Voter ID / License / Passport )
  5.  Letter of authority on letterhead of the firm
  6.  Firm Address Proof – Light Bill / Index II / Corporation tax receipt/rent agreement
  7.  Canceled cheque / Bank statement
  8.  SAC / HSN Code


Letter of Authority (Board Resolution) for  Registration For Partnership Firm



CERTIFIED TRUE COPY OF LETTER OF AUTHORITY FOR GST REGISTRATION IN THE MEETING OF _____________________________________________________ ON 14.09.2019 COMMENCED AT 11.00 A.M. AND CONCLUDED AT 12:00 P.M.


 

The Partners of Directors considered the proposal for GST Registration the partnership firm to carry on the activities related to GST invoice, GST Filing, etc. to make an application to GST Department. In this regard the following resolution was passed:


“RESOLVED THAT the Partnership Firm shall request the GST Officer for registration.

 

“FURTHER RESOLVED THAT __________________ is hereby authorized to sign and make applications to GST Department on behalf of the Partnership Firm and to do all acts and deeds necessary to complete the registration process and to represent the Company.

 

CERTIFIED TRUE COPY FOR  ABC

 

 ______________(Partner)                               

 

 ______________(Partner)  
       


GST Registration Procedure For Partnership Firm 

Other GST registration procedure for Partnership firm is similar.

  1.  log in to https://www.gst.gov.in/ Portal
  2.    Fill in details of the Partnership Firm
  3.   Upload Firm Partnership documents
  4.   Fill in details of the Partners
  5.  Upload Letter of Authority
  6.    Fill in details of SAC / HSN
  7. Upload Bank details
  8. Submit with DSC / EVC Code                  

  GST Registration Fees for Proprietorship/ Individual/ Company/ Partnership

The government of India does not charge any GST fees. In India, the cost of GST registration is NIL, which means that you do not have to pay any fees to register as a GST taxpayer on the government’s official portal. However, for example, if you are a proprietor or director of a private limited company, partner of an LLP, or owner of an OPC, you must have a valid digital signature in order to file for GST Registration. So expect to bear the cost of obtaining a DSC if you do not have one already.



                 

 






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