GST Registration

Goods & Service Tax (GST) Registration -

Who Must Register for GST?

Companies that fit any of the following requirements are required to register for GST:
1. The thresholds for turnover:
For goods: ₹40 lakhs for ordinary taxpayers (₹20 lakhs in some states with special categories).
20 lakhs for services (10 lakhs in states that fall under special categories).

2. Registration Is Required (Regardless of Turnover):
Supply of commodities or services between states.
Operators or aggregators of e-commerce.
Individuals who must pay taxes under the Reverse Charge Mechanism (RCM).
Companies that provide database access and online information services.
Agents and distributors of input services.

3. Voluntary Registration:

To increase their credibility and qualify for input tax credits, small enterprises might choose to voluntarily register.
Advantages of GST Registration
Legal Compliance: Required for companies that exceed the specified amount.

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4.Advantages of GST Registration
Legal Compliance: Required for companies that exceed the specified amount.
Businesses can claim credits for taxes paid on purchases thanks to the Input Tax Credit.
Interstate operations are made easier by the smooth flow of goods and services and the absence of separate taxes.
Increased Credibility: People view registered firms as more trustworthy.
Eligibility for Government Tenders: GST registration is necessary for many government projects.

5. Required Documents :

The proprietor's Aadhaar and PAN cards.

• Details about the bank account (passbook or cancelled check).

• Provide evidence of the business, such as an ownership paperwork, rent agreement, or utility bill.

For LLPs and partnerships:

• PAN card of the company and its associates.

• Partnership deed or an LLP agreement.

• Provide evidence of the business's location.

For Businesses:

• The company's PAN card.

• MOA/AOA and the certificate of establishment.

• Director information (Aadhaar, PAN).

• Proof of business address.

Additional Documents:

• Companies and LLPs can obtain a Digital Signature Certificate (DSC).

• Evidence of business activity, such as a rent agreement or electricity bill.

​Businesses that fulfil the turnover requirements or are involved in activities that necessitate mandatory registration must register for GST. In addition to guaranteeing compliance, it creates prospects for tax credits and expanded market reach.​

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