Partnership, GST registration for partnership firm, PAN, PAN Application

How to apply for GST and PAN for a Partnership Firm?

Partnership firms in India can be formed by anyone either by written or oral agreement. Under this agreement, two or more people agree to share the profits earned through the business which is run by all partner or any one of them. For the purpose of Income Tax, partnership firms are required to submit a partnership deed as proof of its existence. Along with this, a PAN card application is also required. In this article we have discussed Procedure for PAN application and GST registration of a partnership Firm.

 

How to apply for PAN for a Partnership Firm?

Procedure for Application of PAN

  • Online application of PAN can be made on the NSDL website OR UTIITSL website.
  • Submit the PAN card application Form 49A available on the NSDL.
  • Payment of application fee can be made through credit/debit card, demand draft or net-banking.
  • Once the application and payment are accepted, the applicant is required to send the supporting documents through courier/post to NSDL.
  • In case of Partnership Firm, partnership deed needs to be sent along with application to NSDL.
  • Upon the receipt of documents, PAN application is processed by NSDL and PAN is issued.

Procedure for Registration of Partnership Firm under GST

Any Companies or Firm or person buying or selling goods or providing services have to register themselves under Goods and Services Tax (GST) to avail the benefits of input tax credit.

Registration for GST can be done online on the website of Goods and Services Tax (www.gst.gov.in) wherein a Temporary Reference Number (TRN) for the application is generated.

How to apply for GST Number for a Partnership Firm?

  • Login to the GST Online Portal
  • Fill up Form Part-A (PAN, Mobile No., and E-mail)
  • The Portal verifies your detail by OTP/E-mail
  • Upload the required documents
  • Access and fill in Part B using received number
  • You will get the Application Reference Number
  • The GST Officer starts verifying your documents
  • The GST Officer either rejects or accepts your application within 7 working days
  • If any explanation is required you need to produce the documents required
  • After all the clarifications GSTN number is allotted to you

Know GST registration process for the Private Limited Co, One person Company, LLP, Proprietorship Firm

Documents required for GST Registration of Partnership Firm:

  • Photos of all Partners
  • PAN Card of all Partners
  • Aadhar Card of all Partners
  • PAN Card of the Partnership Firm
  • Proof of Constitution of Business (Partnership deed)
  • Proof of Principle place of business (Anyone – Electricity Bill/Rent or Lease agreement/Latest Bank Statement – Not less than 2 months old)
  • Letter of Authority in favor of any Partner
  • Once the application is filed, an Application Reference Number (ARN) will be generated to track the status of application
  • Once the application is approved by the Tax Officer, the Certificate of Registration is generated online

 

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7 thoughts on “How to apply for GST and PAN for a Partnership Firm?

  1. i am going to start a business, please help me decide to what option i need to choose partnership firm or sole proprietor for getting benefit of GST input tax credit.

    • As per the law, A Company is a person and hence is competent t become a partner of a firm. In that case, can you please tell the documents to be submitted for taking the GST registration.

      • Hi,
        I am looking to get a GSTIN for a partnership firm I have, we had registered this company a couple of years ago, no business had begun under this company. Now, we are looking to sell a few products under this company. We have a few questions about the documents needed for the GST registration. Since we did not have any billing under the company name, we dont have a company account, also we are working from a place owned by my father and dont have a rental agreement. Need to know how to go about GST registration under these conditions.

        Thank you in advance!

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