GST Registration Price - 1499/

Documents required for GST registration: -

1. PAN card of the applicant or business entity
2. Passport size colour photograph of the applicant
3. Business registration document i.e. Incorporation / registration certificate
4. Business entity address proof i.e. electricity bill, lease agreement, property tax receipt or municipal khata copy
5. Bank Account proof i.e. copy of cancelled cheque / copy of bank statement
6. Authorised Signatory letter or Board Resolution for authorization

Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. It was implemented on 1 July 2017, marking a significant reform in India's taxation system. GST is a comprehensive, multistage, destination-based tax that has replaced various indirect taxes previously levied by the central and state governments.

Criteria for GST Registration

Turnover Threshold Limits:

Regular Businesses: Entities whose aggregate turnover exceeds the threshold limit specified under GST law. Generally, this limit is Rs. 20 lakhs for most states and Rs. 10 lakhs for special category states (Northeastern states and hilly states).

Service Providers: In some cases, the threshold limit for service providers is Rs. 20 lakhs (Rs. 10 lakhs for special category states).

Inter-State Supply:

Businesses engaged in inter-state supply of goods or services must obtain GST registration, regardless of their turnover. This includes any transaction where the supplier and the recipient are located in different states.

E-commerce Operators:

E-commerce operators or aggregators facilitating the supply of goods or services through an electronic network are required to obtain GST registration.

Casual Taxable Persons:

Individuals or businesses conducting occasional or seasonal transactions, which are not a regular part of their business, must register as casual taxable persons.

Non-Resident Taxable Persons:

Non-resident persons or entities (foreign companies or individuals) making taxable supplies in India must obtain GST registration.

Input Service Distributors:

Businesses distributing input tax credit to other units or branches are required to register under GST.

TDS/TCS Deductors:

Entities responsible for deducting tax at source (TDS) or collecting tax at source (TCS) under GST are required to obtain GST registration.

Agents and Brokers:

Agents or brokers engaged in supply of goods or services, or facilitating transactions on behalf of others, must obtain GST registration.

Special Cases:

Specific types of supplies or businesses may require registration regardless of turnover or other criteria. Examples include businesses dealing with certain categories of goods or services specified by GST laws.

Voluntary Registration:

Businesses below the threshold limit may opt for voluntary registration to avail benefits such as input tax credit, business credibility, and easier inter-state transactions.

Exceptions and Exemptions

Small Businesses:

Certain small businesses with turnover below the threshold limit may be exempt from mandatory GST registration but can opt for it voluntarily.

Exempt Supply Providers:

Entities providing only exempt supplies (goods or services not liable to GST) may not require GST registration unless they exceed the turnover threshold or fall into other criteria.

Procedure for GST Registration

Online Application:

Apply for GST registration through the GST portal (https://www.gst.gov.in).

Fill Out the Form:

Provide details such as business name, address, type of business, and contact information. Upload required documents.

Verification:

The application is verified by GST officials. Additional documents or information may be requested if needed.

GSTIN Issuance:

Upon successful verification, a GST Identification Number (GSTIN) is issued, and the business is registered under GST.