What is a GST Registration?
GST Registration of a business means obtaining a unique, 15-digit Goods and Service Tax Identification Number (GSTIN) from the GST authorities when aggregate turnover of the business exceeds the threshold limit.
What are advantages of obtaining GST Registration?
· Legally recognized as supplier of goods or services.
· Proper accounting of taxes paid on the input goods or services.
· Pass on the credit of the taxes paid on the goods & services supplied to purchasers or recipients.
· Authorization to a taxpayer to collect tax on behalf of the Government.
What is the threshold for GST Registration?
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Supplier |
Registration Requirement |
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Exclusive Supply of Service Or Supply of Notified Goods Or Supply Both Goods & Services |
Shall be liable to be registered in the State/Union Territory if his aggregate turnover in a financial year exceeds ₹20,00,000. However, for following specified states, the threshold limit is ₹10,00,000. |
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Exclusive Supply of Goods Except Notified Goods |
Registration shall be required if turnover has exceeded ₹40,00,000. |
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Limit Shall Be ₹20,00,000 in Following States |
Limit Shall Be ₹10,00,000 in Following States |
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· Arunachal Pradesh · Telangana · Uttrakhand · Meghalaya · Puducherry · Sikkim |
What are the notified goods under GST for Registration?
• Ice-Cream and other edible ice
• Pan Masala
• Tobacco and manufactured tobacco substitutes
• Fly ash bricks
• Fly ash aggregate
• Fly ash blocks
• Bricks of fossil meals
• Building bricks
• Earthen or roofing tiles
Is registration under GST Statewise or centralised?
Under GST law, a supplier is required to obtain State-wise registration. There is no concept of a centralized registration under GST like the erstwhile service tax regime.
Do I required to take registration in state where I make Non-Taxable supply?
No. If you're only supplying non‑taxable goods or services (i.e., those not covered by GST), you don’t need to register in that State or Union Territory—even if your turnover is high.
Do I required to take registration in state where I make exempt supply?
A supplier has to obtain registration in every State/UT from where he makes a taxable supply provided his aggregate turnover exceeds a specified threshold limit. Thus, he is not required to obtain registration from a State/UT from where he makes exempt supply
Do I need to take registration in respect of all businesses ?
Registration in GST is PAN based, once a supplier is liable to register, he has to obtain registration in each of the States/UTs in which he operates under the same PAN
What if I have multiple businesses within same state? Do I need to take separate registration for the same?
Supplier is normally required to obtain single registration in a State/UT. However, where he has multiple places of business in a State/UT, he has the option either to get a single registration for said State/UT or to get separate registrations for each place of business in such State/UT
What if I transfer my GST registered business to others?
If a business is carried by a taxable person who is registered under GST has transferred his business to any other person, the transferee shall obtain fresh registration from the date of transfer of business provided transferee is not a registered entity
Who are not liable to register under GST?
1. any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax.
2. Some of the notified products are leather articles, carved wood products, wood turning and lacquer ware, bamboo products, textiles hand printing, theatre costumes, musical instruments, dolls and toys, etc. are not liable for registration
Is there any case when I have to compulsorily take registration under GST even if my aggregate turnover is within the threshold limit?
Yes, following persons must take registration irrespective of their turnover:
1. Persons making any inter-State taxable supply of goods except Inter State supply of handicrafts goods (section 22 shall be applicable) provided supplier has obtained PAN and also e-way bill has to be generated.
2. Casual taxable persons making taxable supply
3. Persons who are required to pay tax under reverse charge
4. Non-resident taxable persons making taxable supply
5. Persons who make taxable supply of goods/services on behalf of other taxable persons whether as an agent or otherwise.
6. Every electronic commerce operator.
7. Persons supplying goods through electronic commerce operator, other than supplies specified u/s 9(5), shall also be required to take registration.
8. Every person supplying online money gaming from a place outside India to a person in India.
What is the timeline to apply for registration?
Every person liable to be registered shall apply for registration in every such State/UT in which he is so liable within 30 days from the date on which he becomes liable for registration.
Provided that a casual taxable person or a non-resident taxable person shall apply for registration at least 5 days prior to the commencement of business.
May I take voluntary registration under GST?
Yes, You make take voluntary registration under GST.
Where are the prerequisites for registration on the GST Portal?
To apply for a new registration, you must have
· PAN card/details of your business
· Valid and accessible e-mail ID and Mobile Number
· Documentary proof of constitution of your business
· Documentary proof of promoters/partners
· Documentary proof of principal place of business
· Details of additional places of business, if applicable
· Details of Authorised Signatories including photographs and proof of appointment
· Details of Primary Authorised Signatory
· Business bank account details along with bank statement or first page of bank passbook
· Valid DSC of authorised signatory
What can be used for providing Address proof?
• Property tax receipt
• Municipal Khata copy
• Electricity bill copy
• Ownership deed/document (in the case of owned property)
• Lease / rent agreement (in case of leased / rented property)
• Consent letter / NOC from the owner
What is GSTIN?
A GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit alphanumeric code assigned to businesses registered under the GST system in India.
· First two digits (State Code): 22 - Represents the state code where the business is registered
· Next ten digits (PAN): ABCDE1234F - PAN of the business
· Next one digit (Entity Code): 1 - Represents the entity code for the PAN holder
· Next one digit (Blank): Z - Currently kept blank for future use
· Last one digit (Check Code): 5 - A check code for verification purposes
What are the penalties for Non-Compliance?
· Filing GST returns beyond the deadline incurs a late filing penalty
· Interest is assessed on the outstanding tax amount when GST liabilities are not paid on time
· Failure to comply with GST regulations may result in the suspension or cancellation of your GST registration
· The maximum penalty for breaking the GST is 10% of the total tax amount due. However, there may be a penalty for each non-compliance. Apart from this, the taxpayer is also be responsible for paying interest on any overdue taxes
What is effective date of registration under GST?
The effective date of GST registration is when you become liable to pay GST, while the date of registration is when you are officially registered
What is the HSN Code?
The HSN Code, or Harmonised System of Nomenclature, is a standardised coding system for classifying goods internationally. It simplifies the identification of products for tax and regulatory purposes, aiding in smooth trade.
What is the full form of SAC Code?
The full form of SAC Code is ‘Service Accounting Code.’ It is a system of classification for services under GST, helping in uniform taxation and simplifying compliance for service providers.
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