Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016



Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016


The Government of India has vide the notification no. S.O. 4061 (E) dated December 16, 2016 announced the “Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS)”. This Scheme shall be applicable to every declarant under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016.

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Eligibility for GST Registration

GST enrollment

Goods and Services Tax (GST), the centralised tax we’d been awaiting for nearly a decade, is finally here. Being such a sweeping reform, as it combines nine existing taxes into one, much is not clear to businesses (of all types, from manufacturing and services to import-export and trading) small and large. So let’s start with a very basic one: do you need to register yourself?

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GST Enrollment: Getting the Provisional ID & Completing the Enrollment Form

GST enrollment

With the portal for registration of GST going online and with the government keen on the shift over from service tax to GST by April 1, 2017, it is time to kickstart the GST registration process.

GST (Goods and Service Tax) will be active from April 2017 and all those who have registered themselves for service tax and central excise or any other state tax laws such as VAT, need to get their GST registrations underway. The migration process from the present tax systems has begun, and thus, it is essential to understand the salient features as well as the process for registration into GST. Let us look in detail at the process for registering for Goods and Service Tax.

GST Enrollment Schedule

GST enrollment schedule

Getting the Provisional ID for GST

Obtaining Provisional ID and Password
The provisional ID and password for the GST registrations are directly obtained from your state’s VAT department. All existing taxpayers will be provided with a unique provisional ID and password by their tax officers. The ID and password are mandatory requirements for enrolling for GST and can be used to log into the GST portal created for this purpose.

Documents Required for Registration
Other than the provisional ID and password provided, ensure that you have the following documents/information with you, at the time of enrolling for GST.

i) A personal email id to receive confirmation as well as acknowledgement.
ii) Bank account number and IFSC code.
iii) Proof of business, such as a partnership deed (PDF or JPEG file of the same), registration certificate, and LLP Agreement, whichever applies. Keep the soft copy of the above-mentioned documents to upload easily onto the website.
iv) A photograph of partners, owner or Karta (in case of HUF) in a JPEG file with a size not exceeding 100KB.
v) A proof of appointment of authorized signatory, in either PDF or JPEG file, not exceeding 1MB.
vi) Bank account details (soft copy), with the image of bank account number, branch address as well as the address of the account holder (front page of the passbook, or bank statement). Again, ensure that the file size does not exceed more than 1MB.

Registration Process

Step 1: Username and Password
Go to the GST website and create a user ID and password. You need to use the provisional ID and password here to create the login credentials on the GST website.

GST website

Click the link to the GST site, and hit ‘New User Login’ as shown below. Click ‘I agree’ on the declaration form displayed and hit ‘Continue’ to register.

GST provisional

Step 2: Login
Once you agree to the declaration and hit ‘continue’, you will be taken to the ‘Login’ page. Use the ‘Provisional ID’ provided by the tax department through mail, SMS or through any other communication, to Login.

If the ‘Captcha’ image is not clear, reload it, and enter it in the box provided before pressing ‘Login’ tab.

GST enrollment

Step 3: Verification of credentials
As soon as you login with the ID provided, a provisional ID verification page will be displayed. Here, you need to fill in the details required for the registration, including:

1. Valid email ID
2. valid mobile number

Since important information and One Time Password will be sent to this ID and number, ensure that you have filled the correct details before clicking on ‘Continue’.

The OTP will be sent to your email ID and mobile number, and both will be required for verification.

Also, remember that the email ID and mobile number entered by you will be permanent, and will register in the records for any future correspondence.

Any change in both email ID and mobile number can be done only after April 1, 2017, as specified in the GST ACT.

Step 4: Five Questions
With the OTP verified, you will get the page with new credentials. There are options to fill in the personal details on the page to secure login. Change the password to secure your login.

Once you set the password, you will be taken through a series of security questions. Answer them, and click ‘Submit’.

There are five questions on this page, and think carefully before answering. It is mandatory to fill in the answers for all the five questions.

Step 6: Enrollment Application
Once you log into the account, after securing the credentials, you will be taken to the ‘Welcome Page’ of your account.
Your Dashboard will have ‘Provisional ID Enrollment’. Click on that to get the Enrollment application.

Step 7: Complete the Form

The page displayed once clicking on the ‘Provisional ID Enrollment’ on your dashboard will contain eight slabs, indicating:

I. Business details
II. Promoters or partners
III. Authorized signatory
IV. Principal place of business
V. Additional place of business
VI. Goods and services
VII. Bank accounts
VIII. Verification

Since the enrolment requires your business details, the first tab, it will be selected as the default. Fill in all the details asked for to complete the form.

Step 8: 8 Tabs

The business details to be included are as given:
Apart from the blank form to be filled, certain details are autopopulated in the application from the data available through VAT system. Details such as:
a.Legal name of business as per PAN and Current Tax Act
b.PAN number of businesses
c.State under which the business is registered
d.Ward or circle or sector

The above-mentioned details cannot be changed. However, some details can be edited. These are as follows:
1. Trade name
2. Constitution of business
3. Registration number
4. Date of registration of business
5. Document upload section.

Once you fill in the details and edit any if required, save the form, and click ‘Continue’.

Step 9: Owners’ Details
The next page of enrolment would be the details of the promoters or partners of the business. Enter the requisite details demanded, hit save and continue.

In case your business (or the names entered in the partners or promoters section) consists of an authorized signatory, you need to select the ‘Authorised signatory’ tab to fill in the details.

Step 10: Place of Business
On the ‘Principal Place of Business’, enter the relevant details, and click ‘Continue’. Do not forget to click ‘Save’ to ensure you have a hassle-free process.

Step 11: Goods and Services
Under the goods and services tab, you need to enter the ‘HSN’ code of the goods handled under your business. If you do not know the code, simply enter the name of the goods under ‘Search HSN code’ to obtain the same. Hit Save and continue.

The same applies for services, too. Enter the SAC code of the services provided, or search for it, to obtain the same, and ‘Continue’ to the next step of the enrollment form.

Step 12: Bank Details
Under this tab, you need to enter details of the Bank account, type of bank account and IFSC code. The supporting documents for the same (soft copy of passbook or statements) need to be uploaded.

Step 13: Verification
Once you have submitted all details, you will be asked to verify the same and sign it with the DSC (digital signature certificate).

Submit the form, with DSC, after verification. The ‘Successful Submission’ message will be displayed on screen. You will receive an acknowledgement within 15 minutes of submission. An ARN or application receipt number will be sent in the mail for further queries regarding the enrollment form.

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Steps for Migration to GST

a) Obtain provisional user id and password from VAT department

b) Obtain DSC in case of companies and LLPs or Aadhar Number in respect of authorized signatories in other cases

c) Obtain the resolutions in respect of authorized signatories wherever required


Following steps are required to be taken to get yourself enrolled in the GST system:


*Step 1:* Open and click on ‘NEW USER LOGIN’.

*Step 2:* You have to enter the Provisional ID and password

*Step 3:* Enter mobile Number and email id of the authorized signatory of the business entity.

*Step 4:* A separate One Time Passwords (OTP) will be sent on Given mobile and email.

*Step 5:* Enter the OTP as communicated to you on your mobile and email.

*Step 6:* Create New User id and Password and enter Secret Answers for some Que given in portal

*Step 7:* Login with your Username and Password on ‘EXISTING USER LOGIN’

*Step 8:* Enter information and upload scanned images as mentioned in pre-registration form.

*Step 9:* Sign with Digital Signature or use Aadhaar Authentication

Step 10: After successful submission a welcome message will sent to the registered E-Mail ID and Mobile number

Note: Since all filled information along with annexure are subject to verification in the GST regime, therefore, in case of misleading / wrong / incorrect information with / without evidence shall attract provisions of cancellation as per the Provisions of Proposed Goods and Services Tax Act.

It is requested to complete the entire process of pre-registration before 31st December 2016

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With the original Model GST Law, there loomed grey clouds over levy of GST on supplies to and by SEZ. As per the revised model IGST Law released by ministry of finance, ambiguity surrounding levy of tax on supplies to and by a SEZ Unit or Developer has been cleared. Such supplies will be subject to IGST.

What needs attention is that supplied to or by SEZ Unit/ Developer within the state will also be subject to IGST.

As per Section 3(6) of Model IGST Law “Supply of goods and/ or services to or by a SEZ developer or an SEZ unit, shall be deemed to be a supply of goods and/or services in the course of inter-State trade or commerce.”

Clearly, the law intends to create a deeming fiction whereby all supplies whether intra or inter state, to or by SEZ shall be deemed to be inter-state supplies and then be liable to IGST.

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