GST Registration - Bank Account Requirment

[Guest]

Dears,

Is possible do the GST Registration if I do not have a bank account?

Or use the bank account of third party as my bank account for GST Purposes.

[KASTURI SETHI]

Registration under GST is not mandatory to open bank account. You cannot use third party registration for this purpose. Otherwise also it is not required .

[Guest]

I need obtain GST registration, but I do not have local bank account because, my company is on foreign.

[GST CMS]

Requirement of bank account details at the time of GST Registration has been done away with since last 15-20 days. This is becase normally a bank account cannot be opened before commencement of business. The same can be added via amendment of non-core field later on.

- Hiren Pathak

[KASTURI SETHI]

An authorised representative of foreign co.in India can perform all the legal requirements for obtaining GST registration.

[DR.MARIAPPAN GOVINDARAJAN]

Yes. It is possible.

[YAGAY andSUN]

However it is better to have a bank account after getting registration certificate for paying taxes and getting refund purposes.

[Ganeshan Kalyani]

Online payment of GST liability requires the tax payer to have a bank account.

AI Summary

Bank Account Not Needed for GST Registration, But Required for Payments and Refunds; Third-Party Accounts Not Allowed. A forum discussion addressed whether a bank account is necessary for GST registration. A participant inquired if a third-party account could be used, to which it was clarified that this is not permissible. It was noted that a bank account is no longer required at the time of registration, as this requirement was recently removed. However, having a bank account is recommended for tax payments and refunds. An authorized representative in India can handle GST registration for foreign companies. Online GST payments necessitate a bank account.