Step-by-step Guide explaining GST Registration Process in Hindi. Live demo for the GST registration process. Get GST registration for any type of business. GSTIN number registration regular and composition GST.
What is the Eligibility Criteria for GST Registration?
The following mentions the categories and eligibility for GST registration:
Aggregate Turnover :- Every 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 special category states, this limit is Rs. 10 lakhs. Any entity engaged in the exclusive supply of goods whose aggregate turnover crosses Rs.40 lakhs is required to obtain GST registration.
Inter-state Business :- An entity shall register for GST if they supply goods inter state, i.e., from one state to another irrespective of their aggregate turnover. Inter state service providers need to obtain GST registration only if their annual turnover exceeds Rs. 20 lakhs. (Special category states, 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.
Casual Taxable Persons :- 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.
Voluntary Registration :- Any entity can obtain GST registration voluntarily. Earlier, any entity who obtained GST voluntarily could not surrender the registration for up to a year. However, after revisions, voluntary GST registration can be surrendered by the applicant at any time.