GST Registration for Foreigner in India
Do you also wish to do business in India without having extra burden of GST. Get GST Registration for Foreigner.
Do you also wish to do business in India without having extra burden of GST. Get GST Registration for Foreigner.
APPLY FOR GST REGISTRATION NOW
Foreigners and NRIs like Indian residents are also obliged to get themselves registered under GST to carry business operations in India.
Who is NRI?
Any person who is carrying out the business of goods and services occasionally in India and such person does not resides in India is called a “non-resident taxable person”.
In order to comply with GST regulations, they are required to appoint an authorized person in India. The Non-resident taxpayers are required to acquire GST registration 5 days before carrying out the business activity in India as a non-resident taxpayer. The application for the GST registration must be filed by the authorized person in India of the Non-resident taxpayers. After submission of the GST registration application, a transaction number will be generated. The applicant is required to deposited GST under it.
Copy of passport of the foreigner.
Scanned passport sized photograph.
Scanned copy of ID/ Driving license.
Mobile number and mail address of Authorized Person.
Latest Statement of Bank account.
Specimen signature of applicant.
Self-attested copy of PAN card for authorised person.
Any certificate proving the registration of business.
Foreigners and NRIs are eligible to carry business in India after GST registration.
On registration, applicants can avail the benefit of input tax credit on Purchase of Goods or Services.
Simple and easy compliances and payment of tax.
GST enable streamlining the operations of business at every stage of supply.
Appointing an Indian resident as an authorized signatory of the foreigner.
Providing authorization to the authorized person by the taxable person to conduct business and deals with matter on his behalf.
Filling the required information and attaching the documents required.
Submitting the application and making payment of GST deposits.
After proper scrutiny of application and documents GST registration will granted to the taxpayer for the period of 90 days.
Validation of GST registration for foreigners is for the period of 90 days. However the validity can be renewed on the request of the tax payer. In order to extend the validity of the GST registration by the foreigner, an application is made before the end or termination of the validity of the prior registration in the FORM GST REG-11.
The GST commonly known as goods and services tax and the act of (GST) goods and services act,2017 was enacted in indian constitution on July 1st, 2017.
GST Registration of a business with the tax department means obtaining a unique, 15-digit Goods and Service Tax Identification Number (GSTIN) from the GST authorities. Because of all the operations of business and the data relating to the business can be collected and can be identified by the government.
The goods and services tax (GST) is known for its ALL-IN-ONE tax system which replaced all the previous tax laws in India which included VAT, entertainment tax, luxury tax, etc. into it.
Every kind of goods or service go through different phases in the supply chain starting from the purchase of raw material by the manufacturer to the consumption of the product by the ultimate consumer. Thus, goods and service act (GST) is levied at every stage that the product passes in the process of being consumed.
The Registration Under GST Is Mandatory For Specific Tax Payers in India, Based on The Nature of The Transaction or The limit of Turnover.
No, The Supply Of Goods Between Different States Is Not Allowed Without getting GST Registration Number On Invoice.
On registration applicants can avail the benefit of input tax credit thus, Registration is mandatory in GST on Purchase of Goods or Services.
Any individual supplying goods or services through the medium of an e-commerce platform shall apply for GST registration. Such individuals shall register notwithstanding of their turnover. Hence, sellers on Flipkart, Amazon and other e-commerce platforms shall mandatorily obtain registration to commence Trade.
The GST has following 3 elements:
The procedure of input tax credit simply means deducting the tax amount which has already been paid at the time of acquiring the inputs for the business and paying off the outstanding or the difference remaining while the payment of tax. Simply, taxes are paid when we purchase goods from any vendor or wholesaler. Similarly, the Collection of taxes takes place from the customer at the time of selling goods. With the input tax credit, a tax which is paid at the time of purchase of goods or services shall be adjusted with tax collected at the time of sale of these goods or services, and the liability which is the difference between them is required to be paid.
Tax collected at the time of sale – Tax paid at the time of purchase = liability of tax to be paid.
A return is basically a document which provides information regarding the income of the business or a person which is required to be filed with the authorities as per the law. An online GST return is to be filled and as per the law the taxpayers are required to file two returns on the monthly basis and one on an annual basis.
No. PAN is compulsorily required for obtaining GST registration.
For non-resident taxable persons there is no due date but they are required to be registered under GST prior to commencing business.
GST registration is lifetime registration but Only GST registration for non-resident taxable persons and casual taxable persons have a validity period that is fixed by the authorities while issuing the GST registration certificate. The validity of GST registration for foreigners is basically for 90 days or 3 months for the foreigners.
To expand the validity of the registration under GST by the foreigner on filling an application through FORM GST REG-11. This application shall be made prior to the conclusion or termination of the validity of the previous registration.
No, only persons registered under GST are allowed to collect GST from the customers. A person not registered under GST cannot even claim input tax credit on the GST paid.
No, You are not required to be physically present for the registration process.
