GST Registration
What is GST Registration
Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. For a few type of small businesses/professionals as defined under the CGST Section 10 of Composition scheme, this threshold turnover limit is Rs.1.5 crore/Rs.50 lakh respectively. For certain businesses, registratering its business under the GST law is mandatory despite turnover it makes.
The process of obtaining registration or GSTIN (GST Identification Number) in all these cases is known as GST registration.
If the entity carries on business without registering under GST when mandated, it is an offence under GST and heavy penalties will apply.
GST registration usually takes between 2-6 working days. Team Clear can help you obtain GST registration services faster in 3 easy steps!
Stay Tax-Compliant the Smart Way
Whether you’re a startup or an established business, GST registration is essential to operate legally in India. We offer end-to-end GST services that ensure your compliance with minimal effort.
Services include:
New GST Registration
Amendment & Cancellation
Filing Returns
Consultancy & Advisory
Our team handles the complexity so you can focus on growing your business, not worrying about tax rules.
Who should obtain the GST registration?
- Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax, etc.)
- Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh, as the case may be
- Persons making interstate supplies
- Casual taxable person / Non-Resident taxable person
- Agents of a supplier & Input service distributor
- Those paying tax under the reverse charge mechanism
- A person who supplies via an e-commerce aggregator (other than supplies specified under CGST Section 9(5))
- Every e-commerce aggregator under CGST Section 52
- Persons who are required to pay tax under the CGST Section 9(5)
- Government departments/offices of Government required to deduct TDS under the CGST Section 51
- Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
- Every person supplying online money gaming from a place outside India to a person in India
Documents Required for GST Registration
- PAN of the Applicant
- Aadhaar card
- Proof of business registration or Incorporation certificate
- Identity and Address proof of Promoters/Director with Photographs
- Address proof of the place of business
- Bank Account statement/Cancelled cheque
- Digital Signature
- Letter of Authorisation/Board Resolution for Authorised Signatory
Benefits of GST registration
A. For normal registered businesses:
- Take input tax credit
- Conduct interstate business without restrictions
Click on the link to know more about the complete list of Benefits of GST
B. For Composition dealers:
- Limited compliance
- Lesser tax liability
- Less impact on working capital
- Click on the link to know more about the composition scheme
C. For businesses that voluntarily opt-in for GST registration (Below Rs.40 lakhs*):
- Avail input tax credit
- Conduct interstate business without restrictions
- Easily register on online & e-commerce websites
- Get a competitive advantage compared to other businesses
- Click on the link to know more about voluntary registrations
GST Registration
What is GST Registration
Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. For a few type of small businesses/professionals as defined under the CGST Section 10 of Composition scheme, this threshold turnover limit is Rs.1.5 crore/Rs.50 lakh respectively. For certain businesses, registratering its business under the GST law is mandatory despite turnover it makes.
The process of obtaining registration or GSTIN (GST Identification Number) in all these cases is known as GST registration.
If the entity carries on business without registering under GST when mandated, it is an offence under GST and heavy penalties will apply.
GST registration usually takes between 2-6 working days. Team Clear can help you obtain GST registration services faster in 3 easy steps!
Stay Tax-Compliant the Smart Way
Whether you’re a startup or an established business, GST registration is essential to operate legally in India. We offer end-to-end GST services that ensure your compliance with minimal effort.
Services include:
New GST Registration
Amendment & Cancellation
Filing Returns
Consultancy & Advisory
Our team handles the complexity so you can focus on growing your business, not worrying about tax rules.
Who should obtain the GST registration?
- Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax, etc.)
- Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh, as the case may be
- Persons making interstate supplies
- Casual taxable person / Non-Resident taxable person
- Agents of a supplier & Input service distributor
- Those paying tax under the reverse charge mechanism
- A person who supplies via an e-commerce aggregator (other than supplies specified under CGST Section 9(5))
- Every e-commerce aggregator under CGST Section 52
- Persons who are required to pay tax under the CGST Section 9(5)
- Government departments/offices of Government required to deduct TDS under the CGST Section 51
- Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
- Every person supplying online money gaming from a place outside India to a person in India
Documents Required for GST Registration
- PAN of the Applicant
- Aadhaar card
- Proof of business registration or Incorporation certificate
- Identity and Address proof of Promoters/Director with Photographs
- Address proof of the place of business
- Bank Account statement/Cancelled cheque
- Digital Signature
- Letter of Authorisation/Board Resolution for Authorised Signatory
Benefits of GST registration
A. For normal registered businesses:
- Take input tax credit
- Conduct interstate business without restrictions
Click on the link to know more about the complete list of Benefits of GST
B. For Composition dealers:
- Limited compliance
- Lesser tax liability
- Less impact on working capital
- Click on the link to know more about the composition scheme
C. For businesses that voluntarily opt-in for GST registration (Below Rs.40 lakhs*):
- Avail input tax credit
- Conduct interstate business without restrictions
- Easily register on online & e-commerce websites
- Get a competitive advantage compared to other businesses
- Click on the link to know more about voluntary registrations