GST Registration

Goods and Services Tax (GST) Registration

GST registration is mandatory for businesses whose turnover exceeds a certain threshold and for specific businesses i.e. Rs. 20 Lakh for Service Providers and Rs. 40 Lakhs for Traders

Who Needs It:

• Businesses with an annual turnover exceeding ₹40 lakhs (₹20 lakhs for special category states).
• E-commerce operators.
• Casual taxable persons.
• Non-resident taxable persons.

Purpose:

• To collect and remit GST.
• To issue GST-compliant invoices.
• To claim Input Tax Credit.

Our team is well experienced at GST matters. In case you need these service, we would be delighted to serve you. Please write us at info@capays.in

We have also listed some most Frequently Asked Questions on GST Registration

1. What is GST registration?

GST registration is the process by which a taxpayer gets registered under the Goods and Services Tax (GST) regime. Upon registration, a unique Goods and Services Tax Identification Number (GSTIN) is assigned.

2. Who is required to register for GST?

• Businesses with an annual turnover exceeding ₹40 lakhs (₹20 lakhs for special category states).
• Individuals making inter-state supplies.
• Casual taxable persons.
• Non-resident taxable persons.
• Agents of a supplier.
• E-commerce operators.
• Persons liable to pay tax under reverse charge.
• Input service distributors.
• Persons supplying through e-commerce operators.

3. What is the turnover limit for GST registration?

• ₹40 lakhs for businesses in most states.
• ₹20 lakhs for special category states (e.g., Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Uttarakhand, and certain other regions).

4. What are the documents required for GST registration?

• PAN card of the business or applicant.
• Proof of business registration or incorporation certificate.
• Identity and address proof of promoters/directors with photographs.
• Address proof of the business place.
• Bank account statement/cancelled cheque.
• Digital Signature Certificate (DSC) for companies and LLPs.

Letter of authorization or board resolution for authorized signatory.