Goods and Services Tax (GST) registration is the first step for any business to operate legally under the indirect tax regime. It is mandatory for businesses crossing turnover limits, interstate suppliers, e-commerce sellers, and import/export traders. GST registration provides a unique GSTIN, enabling businesses to collect tax, claim ITC, and expand nationally.
🔹 Key Benefits
-
Legal recognition of business with the right to collect GST and issue tax invoices.
-
Eligibility to claim Input Tax Credit (ITC) on purchases, reducing overall tax burden.
-
Mandatory requirement for e-commerce sellers and interstate suppliers to operate legally.
-
Improves credibility with clients, banks, and vendors as a GSTIN enhances trust.
-
Expands business opportunities by allowing participation in government tenders and large contracts.
🔹 Process of Registration
-
Step 1 – Collect PAN, Aadhaar, business address proof, bank details, and photographs.
-
Step 2 – Apply online at the GST portal with required details and documents.
-
Step 3 – Receive ARN (Application Reference Number) for tracking.
-
Step 4 – Verification by GST officer and clarification if needed.
-
Step 5 – GSTIN allotted with a Certificate of Registration.
🔹 FAQs
Q1. Who must register for GST? Businesses with annual turnover exceeding ₹20 lakh (services) or ₹40 lakh (traders) and those engaged in interstate supply, e-commerce, or import/export.
Q2. How long does GST registration take? Normally 5–7 working days if documentation is correct and officer approval is smooth.
Q3. Can voluntary registration be taken? Yes, even if turnover is below the limit, you can register to claim ITC and build credibility.
Q4. Is GST registration valid for life? Yes, once allotted it remains valid unless canceled voluntarily or by the department.