GST Registration is an online process involving submission of several business details along with certain supporting documents. GST applies to all traders, manufacturers and service providers. Various taxes like Service Tax, Central Excise, State Excise, Entertainment tax and different central and states taxes are subsumed under one tax, i.e., GST. It is a tax leviable on the supply of goods or services or both, except alcoholic liquor for human consumption.

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GST Registration based on aggregate turnover.

• The annual turnover exceeds INR 20,00,000 (20 Lakhs) for Special Category States; and
• The annual aggregate turnover exceeds INR 40,00,000 (40 Lakhs) in all other cases

Advantages of taking GST Registration

• The taxpayer gets recognized by law as a supplier of goods and services.
• No Cascading effect of tax
• Benefit of Input tax credit (ITC) on inward supplies.
• Registered persons are eligible to avail of various other benefits and privileges provided under the GST laws.