A goods & services tax certificate is issued to businesses or individuals registered under GST. Any firm or person with a GST registration certificate must display the certificate visibly. Downloading a GST certificate is quite easy. In this blog, you’ll learn how to download GST Certificate?
What Do You Mean by a GST Certificate?
The full form of GST is Goods & Services tax. A GST Certificate is proof for businesses registered under India’s Goods and Services Tax system. Businesses can effortlessly collect GST from customers and claim tax credits on purchases using this certificate.
Any business surpassing a certain turnover limit must have a GST Registration Certificate. Businesses registering under GST ought to have this certificate.
Validity of the GST Registration Certificate
The validity of the GST Registration Certificate differs based on the category of the tax contributor.
1. Normal Taxpayers
The GST registration certificate does not have an expiry date for businesses operating as normal taxpayers under GST. It remains valid permanently unless it’s specifically cancelled or surrendered by the tax contributor or even nullified by the tax authorities for adherence reasons.
2. Non-Residents and Casual Taxpayers
These tax contributors, frequently involved in temporary business activities within the country, are issued a GST registration certificate with a 90-day limited validity from the date it was issued. However, taxpayers can extend the date before the initial validity period expires if they plan to continue their business activities beyond the specified period.
Effective Date of GST Registration
When an individual becomes obligated to register or their turnover exceeds the threshold allowed by the GST, they must ensure to apply for registration within a month of that date.
The date on which such an object became needed for registration under GST shall serve as the beginning date for the GST registration.
What is the Way to Get a GST Registration Certificate?
A qualified business or an individual can submit their application for a GST registration certificate without any difficulty. They need to visit the GST portal at www.gst.gov.in.
The proper officer will verify the registration and they will approve it accordingly. If the qualified person submits the application within 30 days of the day the need for registration arises, the registration will be implemented as of that date. If the application filing or submission was delayed, the GST registration is valid from the date of registration being granted.
Components of the GST Certificate
- GSTIN: The unique Goods and Services Tax Identification Number assigned to the tax contributor.
- Legal and Trade Name: The official and trading names of an individual or the business.
- Business Constitution Type: The nature of the business entity, for instance, corporation partnership, or sole proprietorship.
- The Liability Date: The date from which the GST is required to be paid by the taxpayer.
- Principal Business Address: The primary location of the business operations.
- Validity Period: Signifies the ‘From date’. The ‘To date’ is usually not mentioned for ordinary tax contributors. However, it is specified for non-resident or casual tax contributors.
- Type of Registration: Mentions the tax contributor category.
- Approved Details: Name, designation, digital signature, and jurisdiction office.
- Issue Date: It mentions when the GST Registration Certificate was issued.
How to Download GST Certificate
Here is the step-by-step process of how to download GST certificate:
1. Login to the GST Portal
To begin with, visit the official GST portal and use your valid credentials to log in to the website.
- GSTIN or assigned username
- Password
- Captcha code
2. Access the Registration Tab
- Click the “Services” tab on the dashboard.
- Navigate to “User Services.”
- Choose “View/Download Certificates.”
3. Download My GST Certificate
When the GST certificate is shown on the screen, click the “Download” button. Save it in a PDF format, and the file will be saved to your selected folder.
A GST registration certificate is a legal document proving you are authorized under India’s GST law. Any organization in the country with a turnover that exceeds the registration criteria specified by GST must register. Different types of companies, such as casual taxable individuals and non-resident taxable individuals, are obligated to register for GST.
Benefits of GST Certificate
Listed below are some of the biggest benefits provided by the GST Registration Certificate:
- Lawful Recognition: With a GST Registration Certificate, you are legalized as an authorized supplier of goods and services. This certificate ensures that your business must abide by legal requirements.
- Authority to Acquire GST: Possessing a GST Registration Certificate enables you to acquire GST from your customers legally on the government’s behalf.
- Input Tax Credit Benefits: With a GST registration certificate, you can claim an Input Tax Credit on the GST, which has been paid on purchases. It can be compensated against your GST liability on sales.
- Smooth Credit Flow: It streamlines a smooth flow of the Input Tax Credit from suppliers to buyers all over India, amplifying the tax process’s efficiency.
- Improved Credibility: A GST Registration Certificate enhances the credibility of your business, notifying customers and partners that you adhere to current tax laws.
Is Possessing a GST Certificate Mandatory for My Business?
Here is a list of some major reasons why it’s important for your business to have a GST Certificate :
- Legal Proof: It signifies that you are a registered tax contributor under GST law.
- Tax Collection: It lets you charge GST on your products or services.
- Tax Credit: It allows you to demand a credit for the GST paid on purchases for your business.
- Business Growth: Numerous clients or suppliers require the business to be registered under GST law to maintain transparency and tax compliance.
Wrapping Up
A GST Registration Certificate is indispensable for complying with GST regulations. Having access to this certificate helps you prove the legitimacy of your business. Download your GST certificate by following simple steps and generate it in PDF format. Moreover, timely updates and amendments to your GST registration ensure the functioning of your business without any hassles.
FAQs
There is no expiration date for the GST Registration Certificate that’s given to a normal tax contributor. It remains valid until it is cancelled. The taxpayer determines the duration of the GST registration of a casual taxpayer.
GSTIN, PAN number, or company name allows you to search for your GST certificate. Fill out your mandatory details on the GST portal to access your certificate.
The Indian Government never issues a physical copy of the GST Certificate. You can get it online. Once you have received its hard copy via email, print it out.
The GST Certificate, awarded by the relevant state Government authority, is recognized all over India.
If you are running a business, the GST certificate is proof of its validity. Moreover, you can check if other business owners have GST Certificates for verification.