The Registrations, in the Order They Have to Be Done
Chapter Twenty-Nine
Syllabus topic 1, 2, 3, 4, 5, "PAN & TAN application for business Under The Income Tax Act, 1961."; "Business Registration under UDYAM / UDYOG AADHAR."; "Business Registration under Goods and Service Tax Laws."; "Registration of business under The Maharashtra State Tax on Professions, Trades, Callings and Employments Acts, 1975."; "Business Registration under The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952."; "Business Registration under The Employees’ State Insurance Act, 1948."
Pages 73 to 75 of 80
The eight, and the order is not arbitrary
Both modules together set eight registrations for a new business. Their order is fixed by dependencies, not by preference, and this chapter is the map.
| Order | Registration | Statute | Depends on | Time limit |
|---|---|---|---|---|
| 1 | PAN of the business | Income-tax Act 2025, s.262 | Nothing | As prescribed; before every other registration |
| 2 | Digital Signature Certificate for a named person | Information Technology Act 2000, s.35 | The PAN and the constitution documents | When first needed |
| 3 | Udyam | MSMED Act 2006, s.7 and s.8, with S.O. 2119(E) | The PAN, and Aadhaar of the proprietor or managing partner | Voluntary, but early for the benefits |
| 4 | GST | CGST Act 2017, ss.22, 24 and 25 | The PAN, by s.25(6) | Thirty days from becoming liable, s.25(1) |
| 5 | TAN | Income-tax Act 2025, s.397(1) | The PAN of the firm and of the responsible person | Before the first deduction |
| 6 | PTEC, for each proprietor or partner | Maharashtra Act of 1975, s.5(2) | The person's own PAN | Thirty days of becoming liable, s.5(3) |
| 7 | PTRC, for the employer | Maharashtra Act of 1975, s.5(1) | The employer's PAN, and an employee liable under Schedule I entry 1 | Thirty days of becoming liable, s.5(3) |
| 8 | EPF and ESIC | Code on Social Security 2020, s.3 | The PAN, and the strength crossing twenty or ten | As prescribed; coverage runs from the day the threshold is crossed |
The dependencies, drawn out
Everything hangs off the PAN.
- GST cannot be granted without one. Section 25(6) says a person shall have a PAN "in order to be eligible for grant of registration".
- Udyam links investment and turnover to the PAN, and paragraph 3(3) of the notification makes every GSTIN under one PAN a single enterprise.
- TAN is applied for in Form 49B, which asks for the applicant's PAN and for the PAN of the person responsible for deduction.
- PTEC and PTRC are applied for on a portal that validates the PAN in real time and ends the process if the PAN is wrong.
- EPF and ESIC registration on the Shram Suvidha portal is PAN-based.
- The GSTIN itself carries the PAN at positions 3 to 12.
The second dependency is the digital signature. A company or a limited liability partnership must sign the GST application with one. A partnership firm may use an electronic verification code instead, so the certificate can wait, but the EPF and ESIC common registration is signed digitally.
The third dependency is an event, not a document. TAN, PTRC, EPF and ESIC are all triggered by hiring, and none of them is needed by a business with no employees.
Three events that trigger registrations
| Event | What it triggers |
|---|---|
| The business is formed | PAN, and Udyam if it wants the benefits. PTEC for the proprietor, or for each partner |
| The first taxable supply, or the first inter-State supply | GST, within thirty days |
| The first employee | PTRC if his salary crosses the Schedule I entry 1 threshold; TAN if his salary attracts deduction at source; ESIC at ten persons; EPF at twenty employees |
The rest of this chapter
Module one is free. The rest of this chapter comes with the B.Com. (Accountancy) Semester 1 notes.
You are reading a chapter from a later module. Everything in module one of every subject stays free, and so does the syllabus.
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Free either way: the syllabus, and module one of every subject.
The rest of this subject
These notes are cut from the University's printed syllabus. Open the syllabus itself, or the past papers, for the same subject.