GST Registration for Foreign Companies

As per the GST law of India, any foreign company (incorporated or established outside India) which supplies goods and/or services to the people or companies located in India, must obtain the GST registration, for doing business or providing services in any part of India. Again, such foreign companies will also require to make all prescribed GST related compliances punctually with the GST Common Portal (GSTN). This web-article offers very useful information about the gst registration for foreign companies in India.

For GST registration in India by a foreign company making taxable supplies in any part of the country, the following documents are required:

• Documents serving as proof of the principal location of the foreign company and his business/services in India.
• The Tax Identification Number of the related foreign country, which is similar to Indian PAN.
• Bank Account Details (Account Number, Name of the Account Holder, MICR and IFSC, etc.).
• Details about incorporation of the foreign company, and personal and professional details of its executive directors/partners/members.
• Proof of the Advanced payment of the liable tax (estimated tax liability for the period for which the GST registration is sought).

After getting gst registration, a foreign company is required to file the Form GSTR-5 with the GST Common Portal, showing details of all outward and inward supplies. The GST return filing and payment of GST liability are to be made by the concerned foreign company by the 20th of every month, or within a maximum of seven days after the expiration of the validity of its GST registration, whichever is earlier. Again, those foreign companies which provide OIDAR (Online Information and Database Access or Retrieval) services to people located in India, are required to file their monthly GST return through the Form GSTR-5A by 20th of every month.