What is GST Registration?
GST registration is a crucial process for businesses in India to comply with the Goods and Services Tax framework. Businesses with an annual turnover exceeding ₹40 lakh (or ₹20 lakh in specific special category states) are required to register. It involves getting a 15-digit GSTIN from tax authorities, enabling businesses to legally collect and remit GST, claim input tax credit, and comply with GST laws.
Advocate Uma yadav provides expert guidance and end-to-end support for quick and hassle-free online GST registration, ensuring full tax compliance. We offer a simplified process for new registrations, application status tracking, help in resolving queries from GST authorities, and file your GST application in just 2 business days.
GST ACT
The Central Goods and Services Tax Act of 2017, implemented to streamline taxation and curb tax evasion, establishes the framework for the Goods and Services Tax (GST) levied on intra-state and inter-state supplies of goods and services in India.
Who Should Apply for GST Registration?
GST registration is essential for certain businesses and individuals to ensure compliance with the law. Here’s who should apply:
Service Providers: Service providers offering services with a turnover exceeding ₹20 lakhs (₹10 lakhs in special category states) must register for GST. This includes freelancers, consultants, and agencies.
Previously Registered Entities: Businesses registered under VAT, Service Tax, or other previous indirect tax regimes need to transition to GST registration.
E-commerce Providers: Platforms or individuals selling goods or services online through marketplaces such as Amazon or Flipkart must register regardless of turnover. Click here to know more in detail: GST Registration for E Commerce Seller
Inter-State Suppliers: Businesses supplying goods or services across state borders must mandatorily register for GST, irrespective of turnover.
Casual Taxable Persons: Entities occasionally supplying goods or services in taxable areas without a fixed place of business must register under GST.
Agents of Suppliers: Agents representing or supplying goods or services on behalf of others are required to register for GST.
Input Service Distributors (ISD): Entities distributing GST input tax credit to other branches must register as ISD.
Non-resident Taxable Persons: Foreign entities or individuals supplying goods or services in India need to register as non-resident taxable persons.
Reverse Charge Mechanism (RCM) Entities: Businesses liable to pay GST under RCM, where the recipient pays tax instead of the supplier, must register.
Specialized Categories: Entities like TDS deductors, TCS collectors, and Online Information and Database Access Retrieval (OIDAR) service providers require GST registration.