We'll guide you through each document requirement and assist in gathering the necessary proofs.
GST registration is mandatory once you cross the threshold. Delaying registration can result in penalties and inability to claim input tax credit. Starting your GST compliance journey early ensures you stay compliant from day one and leverage all available tax benefits.
What is the GST registration threshold?
₹20/40 lakhs annual turnover for most states, ₹10/20 lakhs for North-Eastern and special category states. Exceed this limit and registration becomes mandatory.
What's the difference between regular and composition scheme?
Regular scheme: Available for all businesses, charge 5-18% GST, can claim ITC. Composition scheme: For turnover ₹50 - 1.5CrL, fixed rate, simpler filing, no ITC claim.
Is GST registration mandatory for e-commerce sellers?
Yes, absolutely mandatory for all e-commerce sellers regardless of turnover. GST applies on every transaction on platforms like Amazon, Flipkart, etc.
How long does GSTIN generation take?
Typically 1-7 business days after Form REG-01 filing. In some cases, the GST department may request additional documents, extending the timeline.
Can I register under multiple states?
Yes, if you have place of supply in multiple states, you can register with separate GSTINs for each state or use a single GSTIN with multiple place of supply.
What happens if I don't register for GST?
Non-registration results in penalties, interest on taxes, inability to claim ITC, and legal consequences. Voluntary registration is recommended before the threshold is crossed.