GST REGISTRATION

GST registration is a process by which a taxpayer gets himself registered under GST. Once a business is successfully registered, a unique registration number is assigned to them known as the Goods and Services Tax Identification Number (GSTIN). This is a 15-digit number assigned by the central government after the taxpayers obtain registration.
Please note – If you are operating from more than one state, then you will have to take separate registration for each state you are operating from.
With a view to abolish several other indirect taxes and to create a single taxation system, GST was introduced in India. GST Registration is required for the businesses whose turnover gets over Rs. 40 lakhs for sale of goods (Rs 20 lakhs for North Eastern – All hilly states for sale of goods). Persons providing services need to register if their aggregate turnover exceeds Rs.20 lakh (for normal category states) and Rs.10 lakh (for special category states).

• Any business entity whose aggregate turnover in a financial year exceeds Rs 40 lakhs who is exclusively dealing in trading In goods (Rs 20 lakhs for special category states in GST). And Rs.20 Lakh in case of Service provider or dealing in both goods as well as services. (Note-This clause does not apply if the entity is only dealing in supply of goods/services which are exempt under GST)
  
• Every entity who is registered under an earlier law of taxation (i.e., Excise, VAT, Service Tax, etc.) needs to get register under Goods and Service Tax.
  
• Any entity or supplier dealing in inter-state supply of goods.
  

• Casual taxable person/ Non-Resident taxable person
  
• Input service distributor and its agent
  
• E-Commerce operator or aggregator
  
• Agents of a supplier
• Supplier of goods through an e-commerce portal (with certain exception)
  
• Online data access or retrieval service provider
  
• TDS/TCS deductor.
  

• Normal taxpayers
  Most businesses in India fall under this category. Any business entity whose aggregate turnover in a financial year exceeds Rs 40 lakhs who is exclusively dealing in trading in goods (Rs 20 lakhs for special category states in GST). And Rs.20 Lakh in case of Service provider or dealing in both goods as well as services. (Note-This clause does not apply if the entity is only dealing in supply of goods/services which are exempt under GST)
• Voluntary taxpayers
  Voluntary registration provides option to a person to take GST registration even though he is not liable for GST registration under section 22 or section 24 of CGST Act, 2017 or SGST/UTGST Act, 2017.In Simple words Voluntary Registration means applying for registration under GST on a voluntary basis. The taxpayers who are not required to register as per the GST Act can apply for voluntary registration under GST.
• Casual taxable individual
  Occasional or seasonal businesses need to register their businesses under GST for this category. Businesses need to make a deposit equal to the GST liability from the occasional operations. The tenure for registration is 3 months. However, businesses can apply for renewal and extensions.
• Normal taxpayers
  Most businesses in India fall under this category. Any business entity whose aggregate turnover in a financial year exceeds Rs 40 lakhs who is exclusively dealing in trading in goods (Rs 20 lakhs for special category states in GST). And Rs.20 Lakh in case of Service provider or dealing in both goods as well as services. (Note-This clause does not apply if the entity is only dealing in supply of goods/services which are exempt under GST)
• Voluntary taxpayers
  Voluntary registration provides option to a person to take GST registration even though he is not liable for GST registration under section 22 or section 24 of CGST Act, 2017 or SGST/UTGST Act, 2017.In Simple words Voluntary Registration means applying for registration under GST on a voluntary basis. The taxpayers who are not required to register as per the GST Act can apply for voluntary registration under GST.
• Casual taxable individual
  Occasional or seasonal businesses need to register their businesses under GST for this category. Businesses need to make a deposit equal to the GST liability from the occasional operations. The tenure for registration is 3 months. However, businesses can apply for renewal and extensions.

• Legally recognized as supplier of goods or services.
• Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on supply of goods or services or both by the business.
• Legally authorized to collect tax from his purchasers and pass on the credit of the taxes paid on the goods or services supplied to purchasers or recipients.
• Getting eligible to avail various other benefits and privileges under the GST laws.