GST registration

GST Registration is mandatory for all dealers or entities having turnover above a specified threshold limit or fulfilling any of the specified conditions. You can now get your business registered under GST easily through our complete online and simplified process.

GST registration services

Our GST Registration packages start from ₹1,500/- all-inclusive

What is GST?

Table Of Contents

Overview

What Is GST Registration?

GST act mandates that all entities involved in selling goods or providing services or both are mandatorily required to get themselves registered under the GST only when the entity crosses a minimum threshold turnover limit or when an individual starts a new business that is expected to cross the prescribed turnover. Although a person can also voluntarily register itself under GST.

Registration of any business entity under the GST Law implies obtaining a unique number from the concerned tax authorities for the purpose of collecting taxes on behalf of the government and to avail Input tax credit for the taxes on his inward supplies.
Without registration, a person can neither collect taxes from his customers, nor claim any input tax credit of tax paid by him.

Advantages Of Registration

Who all are required to register themselves under GST?

Criteria for Compulsory registration

You must register under GST if: Crosses aggregate turnover threshold in Previous F.Y. or in current year
Business Activity Aggregate Turnover (For Normal Category States) Aggregate Turnover (For Special Category States)
Dealing in Goods 40 Lakhs 20Lakhs(1) 10Lakhs(2)
Providing Services 20 Lakhs 10Lakhs(3)
Deals in both goods and services 20 Lakhs 10Lakhs(3)
(1) Special Category States – Arunachal Pradesh, Meghalaya, Sikkim, Uttarakhand, Puducherry and Telangana (2) Special Category States – States of Manipur, Mizoram, Nagaland and Tripura (3) Special Category States – States of Manipur, Mizoram, Nagaland and Tripura Important Points to be Noted – Aggregate turnover is calculated on PAN India basis. This means that if you have two units in two different states, then the turnover of both the units will be added to calculate the threshold limit. Even if the entity has one branch in the special category states, then its overall limit will be the threshold limit applicable to that special category states on PAN India Basis. Obligation to pay taxes under the reverse charge mechanism (“RCM”) If a person is liable to pay tax under RCM, then the person has to compulsorily register under the GST irrespective of its turnover. RCM is a mechanism whereby the recipient of a product or service is required to pay taxes, not the provider of the product or service. E-commerce Operator(ECO) A person who manages or owns any electronic platform and provides the platform to sell products or services or both is known as an E-commerce operator (ECO) An ECO is mandatorily required to get himself registered if he is required to collect TCS as per section 52 or charge reverse charge under section 9(5), irrespective of the amount of turnover.

Tax collected at Source (‘TCS’)

Reverse charge mechanism (‘RCM’)

Registration under GST is PAN-based. So, if the aggregate supply for all the entities under a single PAN exceeds the threshold Turnover limit, then all the business entities must be registered in each of these states or territories where they have a place of business.
Unlike the service tax regime, the GST law does not have the facility of centralized registration for units across multiple states.

If you register for GST, you will receive a 15-digit GST identification number and a certificate of registration. This GSTIN will be made available to applicants on a common GSTN portal. The first 2 digits of GSTIN are the state code, the next 10 digits are the corporate PAN, the next 2 digits are for the entity code, and the last digit is the checksum number. Registration under GST is not tax specific. That is, there is a single registration for all taxes, i.e. CGST, SGST / UTGST, IGST.

E-commerce supplier
For supplier of Services
For supplier of goods
Casual taxable person

A “Casual Taxable taxpayer” is a person who carries out transactions related to the delivery of goods and / or services in both the principal and representative positions in states where there is no fixed place of business.
So, a casual taxable person offering taxable supplies in India has to mandatorily register and does not enjoy the registration threshold.

Non-Resident Taxable Person

A “non-resident taxpayer” is a person who occasionally carries out transactions in connection with the delivery of goods and / or services, in the capacity of a principal or agent and has no fixed place of business or place of residence in India. The country was not decided. Taxpayers who are not resident in India and offer taxable supplies have to mandatorily register and do not enjoy the turnover threshold.

Input Service distributor

A company may have its headquarters in one location and all its business units making taxable supplies in some other location which are registered separately. The headquarters procures certain services for common use by all units in different states of the country. Invoices for such expenses are procured at headquarters. But the Head Office itself would not be providing any output supply in order to utilize the credit which is accumulated on account of such common input services. In such cases, the headquarters can take ISD registration, which enables a proportionate distribution of the credit for input services to all business units.

Online information and database access or retrieval services (‘OIDAR’)

A person who provides OIDAR services to an unregistered person in India from a location outside of India, has to compulsorily take the registration under a simplified registration scheme.

Tax Deducted At Source (‘TDS’)​

Specified Persons required to deduct TDS under GST
A person who is required to deduct TDS has to compulsorily take registration under GST.
Following persons are liable to deduct TDS under GST :-
Persons making a sale on behalf of some other taxable person (i.e. an Agent or Principal)

Explanation – Suppose A is an agent of Principal B, and A sells some goods to Customer. Then if the invoice is in the name of Agent A, then A has to compulsorily get registered under GST under section 24 of CGST Act 2017 which lists down persons who are compulsorily required to get registered. However, if the invoice is in the name of Principal B, then agent A will only be required to register if his turnover crosses the threshold limit.
If you do not fall under any of the above categories, but you still want to get yourself registered under the GST Act, then the law doesn’t prohibit you from registering your business under GST.

Registering under GST will be beneficial for you in the following cases :-

Voluntary Registration

Types of GST Registration:

Normal Scheme
A person has to compulsorily register under the normal scheme when his turnover exceeds the prescribed limit mentioned above. Majority of the business register under the normal scheme. In this scheme, a person has to either file monthly or quarterly (depending on the turnover) GST returns.
Composition Scheme
A person registered under the composition scheme can neither charge Tax from its customer nor claim ITC on its purchases. They need to pay a fixed percentage of their turnover as GST to the government by the 18th of the month after the end of the quarter.
Advantages of Composition scheme
Disadvantages of Composition scheme
Who Is Allowed To Take Registration Under The Composition Scheme?

In case you are a supplier of Goods (trader or manufacturer) and your turnover in the previous financial year is upto Rs. 1.5 crore then you can register under the composition scheme and pay a flat rate of tax, which is a fixed percentage of your turnover.

In case you are a supplier of Services and your turnover in the previous financial year is upto Rs. 50 Lakh then you can register under composition scheme and pay a flat rate of tax, which is a fixed percentage of your turnover.

Taxpayers registered under the scheme have to pay tax quarterly and file returns annually.

Category of Registered PersonRate of GST
Manufacturers, other than manufacturers of ice cream, pan masala and tobacco(0.5% + 0.5%) = 1% of the turnover in the State or Union Territory
Restaurant and Outdoor Catering Services(2.5% + 2.5%) = 5% of the turnover in the State or Union Territory
Any other supplier eligible for composition levy(0.5% + 0.5%) = 1% of the turnover of taxable supplies of goods and services in the State or Union Territory
Supplier of Services(3% + 3%) = 6% of the turnover in the State or Union Territory
Following persons cannot opt for Composition Scheme :-
Casual Taxable Person
A CTP has to apply for registration at least five days prior to commencing his business. The business owner must pay an upfront deposit which is equal to the expected GST liability during the GST active tenure. The tenure for registration is 3 months. However, businesses can apply for renewal and extensions.
Non-resident taxable person
A NRTP has to apply for registration at least five days prior to commencing his business in India. Business owners will need to make deposits equivalent to the expected GST liability during the GST’s life. A typical term of office is three months. However, taxpayers can renew or renew their registrations as needed.
Nature of Registration

Registration under GST is PAN-based. So, if the aggregate supply for all the entities under a single PAN exceeds the threshold Turnover limit, then all the business entities must be registered in each of these states or territories where they have a place of business.
Unlike the service tax regime, the GST law does not have the facility of centralized registration for units across multiple states.

If you register for GST, you will receive a 15-digit GST identification number and a certificate of registration. This GSTIN will be made available to applicants on a common GSTN portal. The first 2 digits of GSTIN are the state code, the next 10 digits are the corporate PAN, the next 2 digits are for the entity code, and the last digit is the checksum number. Registration under GST is not tax specific. That is, there is a single registration for all taxes, i.e. CGST, SGST / UTGST, IGST.

Documents Required for GST registration

How can we Help you?

FAQs

a. How do you calculate aggregate turnover for the purpose of GST?

Aggregate turnover is the total turnover/sales (which shall include all taxable, exempt, non-taxable, and exports of both goods and services) of all the business under the same PAN. However, GST Taxes are not included while calculating this amount.

b. How many types of GST are there?

There are four types of GST. That is, integrated tax on goods and services (IGST), state tax on goods and services (SGST), central tax on goods and services (CGST), and union tax on goods and services (UTGST).

c. What is inter State supply and intra state supply?
  • When the buyer and seller are in two different states, then such a supply is called Inter-state supply.
  • When the buyer and seller are in the same state, then such a supply is called Intra-state supply.
d. What is Tax Collection at Source (TCS)

When supply of goods or services are made through an e-commerce operator and payments for such supplies are received by the e-commerce operator, then the e-commerce operator is obliged to collect an amount equal to 1% (0.5% CGST + 0.5% SGST) of the taxable supplies and deposit it with the government. The net amount is paid to the supplier, and the supplier can take credit of this TCS through the GST portal.

e. Why Us ?
  • Completely Online Process – No need to visit our office
  • Online Document Submission & Application Tracking
  • Secure GST Identification Number
  • Dedicated manager for the end-to-end processing of GST registration
  • CA Assisted GST Filing for all your GST needs
f. Still confused whether you need to take GST registration or not ?

Speak to our experts who shall solve all your doubts.
Call us at  +91 7738 066 334  or Mail us at info@indiacompanyincorporation.com

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