GST Registration & Filing Services in India
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. Every business that meets the prescribed turnover limit or falls under specific criteria must obtain GST registration. After registration, filing GST returns on time is mandatory to report sales, purchases, input tax credit, and tax liability to the government.
Types of GST Registration
Normal Taxpayer Registration
For businesses with turnover above the threshold limit (₹40 lakh for goods, ₹20 lakh for services, lower in some states).
Composition Scheme Registration
For small businesses with turnover up to ₹1.5 crore (₹75 lakh in some states). Taxpayers pay tax at a fixed rate but cannot claim input tax credit.
Casual Taxable Person Registration
For businesses that occasionally supply goods/services in different states (e.g., exhibitions, trade fairs).
Non-Resident Taxable Person Registration
For non-residents supplying goods/services in India without a fixed place of business.
E-Commerce Operator Registration
Mandatory for businesses supplying goods/services through e-commerce platforms.
Special Category Registration
Certain categories like Input Service Distributors (ISD), TDS deductors, and TCS collectors under GST.
Why GST Registration & Filing is Important?
Legal Compliance
Mandatory for businesses crossing turnover limits or falling under specified categories.
Avoid Penalties
Timely filing prevents late fees, interest, and risk of registration cancellation.
Input Tax Credit (ITC) Claim
Allows businesses to claim ITC on purchases, reducing overall tax liability.
Nationwide Business Opportunities
GST registration enables businesses to sell across states and through e-commerce platforms without restrictions.
FAQs
Who needs GST registration?
Businesses with turnover exceeding prescribed limits, e-commerce sellers, and certain service providers must register for GST.
What documents are required for GST registration?
PAN card, Aadhaar card, business address proof, bank account details, and photographs.
What is the due date for GST returns?
GSTR-1: 11th of next month (for monthly filers).
GSTR-3B: 20th of next month.
Annual Return (GSTR-9): 31st December of following financial year.
What happens if GST returns are not filed?
Late filing attracts late fees, interest, and can even lead to cancellation of GST registration.
Can I file GST returns myself or do I need a professional?
GST returns can be filed online by taxpayers themselves, but many prefer professional assistance to avoid errors and penalties.