In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* ( this limited only for the person who deals in goods) (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. And 20 lacs who are dealing in services. This process of registration is called GST registration.
For some businesses, registration under GST is mandatory. If the organization running the business without registering under GST, they are liable to an offense under GST and levy heavy penalties.
GST registration usually takes between 3 working days. We’ll help you to register for GST in 3 easy steps.
*CBIC has notified the increase in threshold turnover from Rs 20 lakhs to Rs 40 lakhs. The notification will come into effect from 1st April 2019