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Many Businesses have missed the deadline to enroll under Goods and Services Tax. As per the government data, 60.5 lakh entities have enrolled themselves with the Goods and Services Tax Network since November of 2016. However, approximately 2 million businesses are yet to enroll on the GST portal.

The migration process of taxpayers who are already registered under Value Added Tax of state government or Services Tax, Excise Duty under Central Board of Excise and Customs was initiated from November 8, 2016. The initial deadline to complete the enrollment was January 31, 2017, however, this deadline was extended multiple times, until April 30 of last month. Since then there has been panic among businesses which could not get their businesses enrolled. But the good news is, this window for enrollment will again be opened from June 1.

Why was Enrollment Closed?

GSTN is building one of the most complex business softwares that will revolutionise how India does business and adheres to GST’s compliances. It is going to be one of the biggest collaborative tax compliance systems. To ensure that all logic is tested adequately, it needed to be shared with stakeholders for extensive testing. This was one of the reasons why curtains were pulled down on the enrollment process so that it does not affect the system testing.

However, enrollment will again start from June 1, 2017, as stated recently by Revenue Secretary Hasmukh Adhia.

What will be the Period of Enrollment?

GST enrollment will be opened for one final time for a duration of 15 days, i.e. from June 1 to June 15. The government is very serious about implementing GST on time, and we can expect this to be a hard deadline this time around. Businesses too must adhere to this timeline otherwise they may not be able to issue the GST invoice and claim GST input credit from the appointed date of GST rollout viz. July 1, 2017.

How You Should Prepare

As a next step, you must keep all your documents handy which are required for GST enrollment. Once the authorities reopen enrollment again, we will notify our users about the same. A list of these documents is provided below along with size and format for upload:

  • Provisional ID received from State/Central Authorities
  • Password received from the State/Central Authorities
  • Valid E-mail Address
  • Valid Mobile Number
  • Bank Account Number
  • Bank IFSC

Documents

S.No. Documents File Size Format Maximum Allowable Size
1. Proof of Constitution of Business

  • In case of Partnership firm: Partnership Deed of Partnership Firm (PDF and JPEG format in maximum size of 1 MB)
  • In case of Others: Registration Certificate of the Business Entity
PDF or JPEG 1 MB
2. Photograph of Promoters/ Partners/ Karta of HUF JPEG 100 KB
3. Proof of Appointment of Authorized Signatory PDF or JPEG 1 MB
4. Photograph of Authorized Signatory JPEG 100 KB
5. Opening page of Bank Passbook/ Statement containing Bank Account Number of < Account Number>, Address of Branch,Address of Account holder and few transaction details PDF and JPEG 1 MB

Please Note:  Electronically signing the Enrollment Application using DSC is mandatory for enrollment by Companies, Foreign Companies, Limited Liability Partnership (LLPs) and Foreign Limited Liability Partnership (FLLPs).

For other taxpayers, electronically signing using DSC is optional.

 

 

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