How to Get GST Number for Sole Proprietorship Company in India


How to Get GST Number for Sole Proprietorship Company in India

 "Call Our Business Plan Experts at +91-72999-72500"

Sole Proprietorship is a business that has only one owner. The lone owner handles all the operations and looks after the administration of the firm. A sole proprietorship does not have to Register under any law. However, it is mandatory to have a GST Registration in case the business has an annual turnover exceeding the prescribed threshold limit.

The first step is to apply for a GST registration Proprietorship Process Consultant online. If the business has a turnover of more than Rs 20 lakh, it must obtain a GST number  to collect tax from its customers and file returns. It is also required to open a bank account in the name of the business entity. Many banks have their own criteria for opening a bank account for a business.

To obtain a GST number, you must fill in Form GST REG-01 on the GST portal and submit supporting documents. The information provided in the application must match with the details on your PAN card. You must also provide the legal name of your business and the state where it is located.

After submitting the application, you will receive an OTP on your registered email ID and mobile phone number. Enter the OTPs and click on 'Proceed.' The portal will then show you a temporary reference number (TRN) that you must make a note of.

You can check the status of your application by using the TRN. To do this, log in to the GST portal and select the Services > User Services > View My Submissions option. This will show the list of all your submissions. Select the ARN of the application you want to check and the date range for which you need to check its status.

 

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