Goods and services tax is the most talked about thing in India for the year 2017 and hopefully it will remain the same in the upcoming years too and why not after all it is the single tax that is implemented on the entire nation. GST has many things for Indians and understanding the tax in better manner is something which is must required for business houses. India is a highly attractive market for non-residents to invest in and do business. If you are a non-resident and plan to set up a business here, then you must register under GST. For the non resident Indians who are planning to set up their business in India, it is very much required for them to apply for the GST registration number. In this article, we will discuss the process of GST registration for non-residents and the applicable forms.
Provisional Registration
- A non-resident taxable person will file electronically an application for registration using the FORM GST REG-09 along with a self-attested copy of his valid passport.
- The application must be duly signed or verified through EVC.
- It must be submitted at least five days prior to the commencement of business.
- In case, it is a foreign business entity (incorporated or established outside India) the application for registration shall be submitted along with its tax identification number of that country (similar to our PAN) or its PAN (if it has one).
- An advance deposit of tax (based on estimation) must also be submitted along with the application.
Final Registration
Once the provisional registration is done then there is a requirement of final registration for GST registration and below is the complete process for the same.
- If the person wishes to register under GST, then he will submit an application electronically using the FORM GST REG–26. Any information must be furnished within a period of three months.
- If the information is correct and complete, the final GST registration will be given in FORM GST REG-06.
- If the information is not correct, then the officer will issue a show-cause notice using FORM GST REG-27. A reasonable opportunity of being heard will be given after which the provisional registration will be cancelled through the FORM GST REG-28.
- If the applicant’s reply is satisfactory then the show cause notice issued can be nullified by issuing an order via the FORM GST REG- 20.
- The application for registration made by a non-resident will be signed by his authorized signatory who must be a person resident in India with a valid PAN.
For the better understanding of the same contacting an NRI tax service company would always be helpful.