GST Registration

GST registration is a mandatory process for any business dealing in goods and services that earns a specific annual turnover. Under the Goods and Services Tax (GST), businesses with a turnover exceeding ₹40 lakh, ₹20 lakh, or ₹10 lakh, depending on the type of business and the state, are required to register as a normal taxable person.
For suppliers engaged exclusively in the supply of goods, the threshold limit is ₹10 lakh in Mizoram, Tripura, Nagaland, and Manipur. In Uttarakhand, Arunachal Pradesh, Sikkim, Meghalaya, Telangana, and Puducherry, the threshold is ₹20 lakh. For all other states, the limit is ₹40 lakh.

For suppliers engaged in the supply of services or both goods and services, the limit is ₹10 lakh in Mizoram, Manipur, Tripura, and Nagaland, while it is ₹20 lakh in other states.

GST registration usually takes between two to six working days. For specific businesses, registration is compulsory. Operating without GST registration is considered an offense and may attract significant penalties. Tax Pal Solutions helps you complete GST registration and filing quickly and easily.

Registration is required for individuals and businesses already registered under previous indirect tax laws such as Excise, VAT, or Service Tax. It is also mandatory for businesses exceeding the prescribed turnover limits. Non-resident taxable persons, casual taxable persons, persons making interstate supplies, input service distributors, and agents of suppliers must register.
Those paying taxes under the reverse charge mechanism, businesses operating through e-commerce platforms, all e-commerce aggregators, and persons supplying online information or database access services from abroad to India are also required to register. In addition, anyone supplying online money gaming from outside India to people in India must register under GST.

For normal registered businesses, GST registration enables availing input tax credit and conducting interstate business without restrictions. For composition dealers, GST offers limited compliance, lesser tax liability, and reduced impact on working capital.
For businesses voluntarily opting for GST despite being below ₹40 lakhs turnover, the benefits include input tax credit, access to interstate trade, easy registration on online and e-commerce platforms, and a competitive edge over non-GST registered businesses.

Normal taxpayers are businesses operating in India where no deposit is required and registration has unlimited validity. Composition taxpayers opt for the GST composition scheme, paying a flat GST rate but without the option of claiming input tax credit.
Casual taxable persons are those setting up seasonal shops or stalls, who must deposit GST liability in advance for three months of validity. Non-resident taxable persons are individuals or businesses outside India supplying taxable goods or services in India, and they too must deposit GST liability in advance with registration valid for three months.

The documents needed for GST registration include the applicant’s PAN, Aadhaar card, business registration or incorporation certificate, identity and address proof of promoters or directors with photographs, and proof of the place of business.
Bank account statements or cancelled cheques, digital signatures, and authorization letters for signatories are required. For companies, articles of association, memorandum of association, certificate of incorporation, and board resolutions must be provided. LLPs must submit the LLP registration certificate and board resolution.

GST registration is completed online through the GST portal. Applicants must fill in business details, promoter or partner details, authorized signatory details, principal place of business, goods and services information, and, where applicable, state-specific information. Aadhaar authentication can be used for faster approval.
The application must be verified using a digital signature, e-sign, or electronic verification code. Once submitted, an Application Reference Number (ARN) is generated, which can be used to track the status of the application.

Tax Pal Solutions provides expert assistance through experienced Chartered Accountants and tax professionals. The process is fast, ensuring GSTIN is issued in the shortest possible time. Applications are handled with error-free documentation and compliance. Pricing is transparent and affordable, with no hidden charges.
Start your GST registration journey with Tax Pal Solutions today.