Who should get a GST registration in India?

Every person is required to register for GST if they fall into one of the following criteria- https://www.registerkaro.in/gst-registration Based on Aggregate Turnover: Any service provider who provides a service value of more than Rs. 20 Lakhs aggregate in a year is required to obtain GST registration. In the case of a few special category states the limit is Rs. 10 lakhs. Entities who are exclusively engaged in the supply of goods whose aggregate turnover crosses Rs.40 lakhs is required to obtain GST registration. Interstate business: An entity shall register for GST if they supply goods interstate, i.e., from one state to another irrespective of their aggregate turnover. Interstate service providers need to obtain GST registration only if their annual turnover exceeds Rs. 20 lakhs. (In special category states, this limit is Rs. 10 lakhs). E-Commerce Platform: Any individual supplying goods or services through an e-commerce platform shall apply for GST registration. The individual shall register irrespective of the turnover. Hence, sellers on Flipkart, Amazon and other e-commerce platforms must obtain registration to commence activity. Casual Taxable Person: Any individual undertaking supply of goods, services seasonally or intermittently through a temporary stall or shop must apply for GST. The individual shall apply irrespective of the annual aggregate turnover. Types of GST registration in India Normal Scheme - All taxpayers falling in any one of the categories mentioned above is required to register under the normal scheme. Non Residential taxable person - The category applies to individuals who occasionally undertakes transactions involving the supply of goods or services, or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India. outside of India. The taxpayers should supply goods or services to residents in India. The registration remains active for a period of 3 months. Casual taxable person - Any taxpayer establishing a stall or a seasonal shop has to register under this scheme. To register as a casual taxable person, the taxpayer shall pay a deposit equivalent to the estimated amount of GST liability. The registration remains active for a period of 3 months. Composition scheme - An entity should enrol under the GST composition scheme to register as a composition taxpayer. Any taxpayer whose turnover is less than rs. 1.5 Crore can avail this facility. Under this scheme entities can pay GST at minimal rates (i.e. 1%, 5% or 6%). However, they will not be allowed to claim the input tax credit. Documents required for registration Our GST Registration Process Application Filing - Once the package is purchased, our in house expert will get in touch with you to walk you through the whole process. Subsequently, all required documents will be collected and our internal team will process the application. GST Registration Certificate - The GST registration certificate and GSTIN will be issued upon verification of GST application and other mandatory documents by the GST department. Be aware that no hard copies of the certificate will be issued and the GST registration certificate can be downloaded from the GST Portal. Penalties For Non Registration or Late Registration under GST- As per Section 122 of the CGST Act, in India, there is a direct penalty for all those taxable persons who fail to register for GST. According to section 122 of the CGST Act, any taxable person who fails to register under GST even if he/she is legally bound as per the GST Act needs to pay Rs. 10,000 or the amount of tax evaded, whichever is higher. Benefits of voluntary registration under GST Any business can voluntarily register for GST even though it is not mandated by law. Voluntary GST registration has its own advantages and some of them are: Input Tax Credit: In GST, there is a flow of input credit right from manufacturers of the goods to the consumers, across the country. Input credit means a taxpayer while paying tax on output can deduct the tax that has already been paid on inputs and pay only the remaining amount. Voluntarily registered businesses can increase their margins and profits through this. Inter-state sale: SMEs can increase the scope of their businesses and find prospective customers and explore online platforms. Sell on e-commerce websites: Organisations can sell their goods on e-commerce platforms like Amazon, Flipkart etc. https://www.registerkaro.in/main-division-of-industrial-activity-code https://www.registerkaro.in/post/main-division-of-industrial-activity-of-the-company https://www.registerkaro.in/private-limited-company-registration

11 Replies

Write a reply

3 more comments

cor pzo

No person shall begin or carry on the export business of any spice unless it has obtained registrati

2mo ago

your information is very informative ! you reach us at llp annual filing limit Read Now!

1 more comment

cor pzo

No person shall begin or carry on the export business of any spice unless it has obtained registrati

2mo ago

Great Article. It's amazing how simple legal advisory services can help a lot. llp annual filing Call Now!

Khodiyar Mandir History – A Divine Legacy of Faith and Devotion Powered by khodiyar mandir trust Khodiyar Mandir is not just a place of worship, but a symbol of unwavering faith, divine grace, and cultural heritage. Situated in various locations across Gujarat, the most prominent temple being at Matel near Bhavnagar, Khodiyar Mandir is dedicated to Maa Khodiyar, a revered Hindu goddess worshipped as the protector of the faithful. Her story, deeply rooted in regional folklore and spirituality, continues to inspire millions. Origin of Maa Khodiyar The history of Khodiyar Mandir is intrinsically linked to the origin story of Maa Khodiyar herself. According to legend, Maa Khodiyar was one of the seven daughters and one son born to Mamadiya Gadhvi, a devout man from the Charan community. Unable to have children initially, Mamadiya received divine blessings from Lord Shiva, who assured him that he would be blessed with powerful and divine children. As the daughters grew, Khodiyar Mata displayed divine powers and took the form of a protector deity. Her most well-known attribute is riding a crocodile, which has become her symbolic mount. This iconography is common across all Khodiyar temples and represents her fearless and divine nature. Establishment of Khodiyar Mandir The most renowned Khodiyar Mandir is located in Matel, on the banks of the Tataniya Dharo River. It is said that the temple was constructed at the site where Maa Khodiyar appeared to her devotees. Over the centuries, the temple has been renovated and expanded with the help of kings, local devotees, and organizations such as the khodiyar mandir trust, which continues to preserve the temple's cultural and spiritual sanctity. The temple attracts thousands of devotees every day, especially during festivals like Khodiyar Jayanti and Navratri. Pilgrims come from all parts of Gujarat and India, seeking blessings, peace, and healing. Role of Khodiyar Mandir Trust The khodiyar mandir trust plays a vital role in managing the day-to-day activities of the temple, organizing religious events, maintaining temple cleanliness, and supporting community services. With the growing number of devotees, the trust ensures smooth operations during peak times and festivals, providing facilities such as free meals (prasad), lodging, and spiritual discourses. Additionally, the trust is involved in philanthropic work, including organizing health camps, supporting education for underprivileged children, and promoting regional arts and culture. Their mission is not only to serve Maa Khodiyar’s devotees but also to carry forward her values of compassion, courage, and righteousness. Legacy and Faith Khodiyar Mandir continues to be a beacon of faith for millions. The chants of “Jai Maa Khodiyar” echo through the temple premises, resonating with spiritual energy and devotion. People from all walks of life visit the temple with immense belief in the goddess’s powers to remove obstacles, heal illnesses, and bless them with happiness and success. In today’s fast-paced world, the khodiyar mandir trust ensures that the spiritual and cultural roots associated with Maa Khodiyar remain strong, creating a sacred space for reflection, devotion, and community. To know more about the pooja timings, temple activities, and trust initiatives, please visit the official website: www.khodiyarmandirtrust.com

https://juststart.co.in/product/startup-india/ https://juststart.co.in/product/private-limited-company-registration/ https://juststart.co.in/product/private-limited-company-registration-in-bangalore/ https://juststart.co.in/product/trademark-registration/

cor pzo

No person shall begin or carry on the export business of any spice unless it has obtained registrati

2mo ago

Very Nice Excellent and Informative. Must Visit Here. annual compliance Corpzo Must Read it.

Thanks for posting an amazing article, it is quite useful for me fpo registration online Chat Now! Thanks for posting an amazing article, it is quite useful for me fpo registration online Chat Now!

2 more comments

cor pzo

No person shall begin or carry on the export business of any spice unless it has obtained registrati

2mo ago

Thanks for sharing such a informative blog related to professional corpzo Read Now!

I have got very good information in this article and thank you for giving such information in every article form 11 annual returns for llp This blog helps us to know more about it.

I stumbled upon it I may revisit once again since I saved as a favorite it. I do believe this is an excellent website. https://www.peryourhealth.doctor

It was very useful for me. I'm happy I found this blog keep sharing ! much helpful for more person annual compliances of llp Visit Our Website.

Very good information Go to for professional help on llp annual filing due date Chat Now!

For more details visit https://www.registerkaro.in/gst-registration

3 more comments

cor pzo

No person shall begin or carry on the export business of any spice unless it has obtained registrati

2mo ago

Very good information Go to for professional help on annual compliance of listed company This blog helps us to know more about it.

1 Reply

Home Random Talk every person required register gst if fall into following criteria based