What is GST Registration?
GST registration is mandatory for businesses with turnover exceeding the threshold limit set by law. It’s also essential for interstate suppliers, e-commerce vendors, and voluntary applicants aiming for credibility and input tax credit benefits.
Who Needs to Register?
- Businesses with annual turnover over ₹40 lakh (₹20 lakh in some states)
- Interstate suppliers & e-commerce operators
- Casual taxable persons & Non-resident suppliers
- Voluntary registration for startups & freelancers
Benefits of GST Registration
- Legal recognition as a supplier
- Eligibility to collect GST from customers
- Input Tax Credit (ITC) on purchases
- Expand business online through e-commerce platforms
Documents Required
- PAN card of applicant/business
- Aadhar card and photographs
- Business address proof (rent agreement/electricity bill)
- Bank account details
- Company registration certificate (for firms)