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.
- Partnership Firm PAN Card
- Partnership Firm Deed
- All Partners PAN Card
- All Partners Address Proof ( Adhar Card / Voter ID / License /
Passport )
- Letter of authority on letterhead of the firm
- Firm Address Proof – Light Bill / Index II / Corporation tax receipt/rent agreement
- Canceled cheque / Bank statement
- 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.
- log in to https://www.gst.gov.in/ Portal
- Fill in details of the Partnership Firm
- Upload Firm Partnership documents
- Fill in details of the Partners
- Upload Letter of Authority
- Fill in details of SAC / HSN
- Upload Bank details
- 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.