Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.
Form GST REG-26 enables provisional GST registrants to convert their status into a final registration through online submission.
Taxpayers must validate their email and mobile number on the GST portal to initiate the enrollment process.
Only one provisional registration is permitted per PAN, especially for those with multiple registrations under previous tax regimes.
A signed authorisation form for each authorised signatory is mandatory, detailing the business's legal representatives.
Failure to comply with the form submission and verification process within the given timeframe may lead to penalties or cancellation of GST registration.
GST REG-26 is a crucial form in the Goods and Services Tax (GST) process that causes a transition from provisional to final registration. It involves the steps and requirements that businesses need to complete their GST registration and gradually move from a temporary status to full compliance.
The whole process involves filing an online application, submitting authorisation forms, and following particular instructions to complete the registration process successfully. Alongside this, the GST REG-26 also addresses the consequences of non-compliance and the completion of the procedure within the speculated timeframe to avoid penalties.
Continue reading this blog to learn about Form GST REG-26, how to complete the registration process, and more.
Provisional Registration to Final Registration
Provisions relating to the provisional certificate or registration are covered under rule 24(1) of the Central Goods and Services Tax Rules, 2017. The provisions are as follows:
The migrating taxpayers are eligible for easy enrollment by validating their e-mail addresses and contact numbers on the GST official common portal.
Once validated, the person can issue the provisional registration certificate in Form GST REG-25.
The Goods and Services Tax Identification Number (GSTIN) is further incorporated in the provisional registration certificate issued in Form GST REG-25.
Some essential facts presented relating to the provisional registration are as follows:
a. For individuals with multiple registrations based on a single PAN, however, it is permissible to allot only one provisional registration
b. The person with centralized registration under the erstwhile service tax law can allot only one provisional registration in the state where the person was registered under service tax.
Instructions for Filing Application for Enrolment
Follow the below instructions for filing of application for enrolment taxpayer:
Everyone must enrol on the GST common portal by validating their correct email address and contact number. This excludes individuals whose tax is deducted at source or an Input Service Distributor registered under existing law and issued a Permanent Account Number under the Income Tax Act, 1961 (Act 43 of 1961).
Upon completing enrollment under clause (a), the individual is granted registration on a provisional basis along with a certificate of registration in Form GST REG-25, incorporating the Goods and Services Tax Identification Number, which should be made available to the person on the common portal.
Authorisation Form
It is essential to file an authorisation copy of the Resolution of the Managing Committee or Board of Directors for each authorised signatory mentioned in the application form. The filing process is necessary to be done in the following format: Declaration for Authorised Signatory (Followed separately for each signatory) (Details of all partners/Proprietor/Managing Directors and whole time Director/Members of Managing Committee of Associations/Board of Trustees)
(Name of all Partners/the Proprietor/Managing Directors/Karta/ and whole time Director/ Board of Trustees/Members of Managing Committee of Associations etc.)
Hereby affirms and declares that (name of the authorised signatory) to serve the role of an authorised signatory for the business (Goods and Services Tax Identification Number Name of Business) for application for registration is filed or registered under the Central Goods and Service Tax Act, 2017.
Signatures of individuals who are Karta/Proprietor/Managing Directors/all Partners and full-time Directors/ Board of Trustees/ Members of Managing Committee of Associations.
Here are some mandatory instructions to follow for filing the form through online mode:
To log in to the respective GST portal, provide your provisional ID and password as provided by the respective State/Central Excise/Commercial Tax/Service Tax Department.
Ensure that the primary authorised signatory has an accurate email address and contact number.
Provide a one-time password to verify the email address and contact number. After logging in to the account for the first time, taxpayers are eligible to change the user ID and password.
Provide the contact number and email address as the primary contact information for the authorised signatory.
Taxpayers must fill out the information in the application form, including the details of the Proprietor/Karta/all Partners/Managing and whole-time director/Board of Trustees/Members of the Managing Committee of Associations, Principal Place of Business, and other details in respected authorised signatories.
Applicants must upload a scanned copy of the declaration form duly signed by the Proprietor/Karta/all Partners/Managing and whole-time directors/Board of Trustees/Members of the Managing Committee of Associations, Principal Place of Business, in case he/she declares an individual as an Authorized Signatory as per the Annexure specified.
Conclusion
Overall, the transition from provisional to final GST registration with the submission of the GST REG-26 application is crucial for businesses to operate successfully under GST. By following the necessary instructions and ensuring on-time submission, businesses can prevent penalties and other further complications.
Non-compliance can even lead to the cancellation of GST registration and the occurrence of penalties, thereby impacting the overall operations of the business. Hence, businesses must complete the registration process carefully, following the GST regime.
💡If you want to streamline your invoices and make payments via credit or debit card or UPI, consider using the PICE App. Explore the PICE App today and take your business to new heights.
FAQs
What is Form GST REG-26 used for?
Form GST REG-26 is used by taxpayers who were granted provisional registration under GST to convert it into a final registration. It ensures businesses complete the formal registration process by submitting required documents and verifying contact details. This form must be filed online through the GST common portal.
Who needs to file Form GST REG-26?
Any business that migrated from the previous tax regime (like VAT, Service Tax, etc.) and received a provisional GST registration must file REG-26. This form is essential to validate and complete their GST enrollment and receive a permanent GSTIN. Businesses failing to do so risk cancellation of their provisional registration.
What documents are required while filing REG-26?
Key documents include proof of principal place of business, PAN, details of business owners or partners, and a signed authorisation form for authorised signatories. The declaration must be scanned and uploaded in the prescribed format for each signatory. Accurate and complete documentation helps avoid delays in approval.
How do I file Form GST REG-26 online?
Log in to the GST portal using your provisional ID and password. Update the required business and contact details, verify your email and phone number via OTP, and upload the necessary documents. After submission, the GST officer will process the application and issue a final registration certificate if all is in order.
What happens if I don’t file GST REG-26 on time?
Failure to file REG-26 within the stipulated timeframe may lead to cancellation of your provisional GST registration. This can result in non-compliance issues, penalties, and disruptions in business operations. To stay compliant, it’s crucial to complete the process promptly and accurately.
Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.
0
Instant Transfer
Lowest Rates
Credit on all transaction