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Issue ID: 114532
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GST Registration - Bank Account Requirment

Date 21 Jan 2019
Replies 7 Replies
Views 2634 Views
Asked by
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. (AI Summary)

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.

7 answers
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