GST Registration:

As per GST jurisdiction, any business operations whose annual turnover exceeds Rs 40 lakhs must register as a separate taxable provision. This procedure is called GST registration. It takes around 2-6 working days to obtain the GST registration. As per GST jurisdiction, if you are doing any business without GST registration, it is considered as an offence.

 

Eligibility to register under GST in India:

All the businesses that deal with supplying goods and its turnover exceed more than Rs 40 lakh in a financial year that that particular business owner is required to register as a normal taxable person. However, a person who runs a business in north-eastern states such as J&K, Himachal Pradesh and Uttarakhand, has a turnover limit of Rs 10.

 

The threshold limit is Rs 10 lakh, for the service providers and Rs 20 lakh in special category States. Additionally, below is the list of certain businesses for which GST registration is compulsory no matter of their yearly turnover:

 

  • Input Service Distributor (ISD) / Casual taxable person
  • Non-resident taxable person
  • Inter-state provider of goods and services
  • Supplier of goods via the internet – an e-commerce portal
  • TDS/TCS deductor
  • Any service provider
  • Taxable under the reverse charge mechanism
  • Retrieval service provider or Online data access

 

Types of GST registration in India:

  1. Normal taxpayers
  2. Casual taxable individual
  3. Non-resident taxable individual
  4. Composition registration

Apply GST Registration Online