GST Registration

GST (Goods and Services Tax) registration is the process of registering a business or individual with the Goods and Services Tax Council (GSTC) to obtain a unique GST Identification Number (GSTIN).

The following individuals or businesses need to register for GST:

• Businesses with annual turnover exceeding ₹40 lakhs.
• Businesses providing services, such as consultants, freelancers, and professionals.
• E-commerce businesses, including online marketplaces and sellers.
• Businesses supplying goods or services across state borders.
• Casual taxable persons engaged in temporary or seasonal business.

GST Registration Process

1. Visit the GST Portal: Visit the GST portal (gst.gov.in) and click on "Register Now".
2. Fill the Registration Form: Provide business details, owner/partner details, and signatory information.
3. Upload Documents: Submit PAN, Aadhaar, proof of business, and address proof.
4. Verify Email and Mobile Number: Enter OTP received from the GST portal.
5. Submit the Application: Submit and pay the registration fee (if applicable).
6. Receive GSTIN: Once approved, receive the GSTIN (Goods and Services Tax Identification Number).

GST Registration Fees

The GST registration fee is ₹0 (zero) for businesses with an annual turnover up to ₹40 lakhs. For businesses with an annual turnover exceeding ₹40 lakhs, the registration fee is ₹500.

GST Registration Benefits

• Legality: Mandatory for businesses exceeding the threshold limit.
• Input Tax Credit: Allows businesses to claim input tax credit (ITC) on purchases.
• Increased Credibility: Enhances business credibility.
• Compliance: Ensures adherence to GST laws and regulations.