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 requirement for GST registration: not mandatory at registration, can be added later though needed for payments. Bank account details are not mandatory at the point of GST registration and may be added later by amendment of non core fields; an authorised representative can obtain registration for a foreign company. A registrant must not use a third party bank account as its own. Nevertheless, obtaining a local bank account after registration is advisable for paying taxes, claiming refunds, and for online payment, which requires a functioning bank account.