What is GST Registration?
In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs (Rs 10 lakhs for specified states) is required to register as a normal taxable person. This process of registration is called GST registration.
For certain businesses, registration under GST is mandatory. If the organization carries on business without registering under GST, it will be an offence under GST and heavy penalties will apply.
Gst registration usually takes between 2-6 wroking days. We'll help you to register for GST in 3 easy steps.
Who should register under GST?
-Individuals registered under the Pre-GST law (i.e., Excise, Vat, Service Tax etc.)
-Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 10 Lakhs for specified states.)
-Casual taxable person / Non-Resident taxable person.
-Agents of a supplier & Input service distributor.
-Those paying tax under the reverse charge mechanism.
-Person who supplies via e-commerce aggregator.
-Every e-commerce aggregator.
-Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.
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