GST Registration FAQ
What is GST Registration?
GST Registration is the process by which a business gets registered under the Goods and Services Tax Network to obtain a GSTIN (Goods and Services Tax Identification Number).
Who needs GST registration?
Businesses with turnover above ₹40 lakh (goods) or ₹20 lakh (services), Interstate supply of goods/services, E-commerce sellers, Casual taxable persons, Non-resident taxable persons.
How many days does GST registration take?
GST registration usually takes 3-7 working days after document verification.
Is GST registration mandatory?
Yes, if your turnover crosses the threshold or you sell online.
What documents are required for GST registration?
PAN card of business/owner, Aadhaar card,Business address proof, Bank account details , Photograph.
How to apply for GST registration?
Visit GST Portal, Fill Part A (basic details), Verify via OTP, Fill Part B(business details), Upload documents, Submit with DSC/EVC.
Can a person have multiple GST registrations?
Yes, if: Business operates in multiple states, Different business verticals exist.
What is voluntary GST registration?
Even if turnover is below threshold, a business can voluntarily register to:
Claim ITC, Deal with large clients.
What is composition scheme?
A simplified GST scheme for small taxpayers: Turnover up to ₹1.5 crore, Pay tax at fixed rate, No ITC allowed.
Is GST registration free?
Yes, registration on GST Portal is completely free (Professional fees may apply if done through CA/consultant).
What happens if GST registration is not taken?
Penalty: ₹10,000 or 100% of tax due (whichever is higher).
Can GST registration be cancelled?
Yes, if: Business is closed, Turnover falls below threshold, Voluntary cancellation requested.
