Who Should Register for GST?

According to the Goods and Services Tax Act 2017, any business with a turnover of Rs.40 lakh and above must register for GST. For North-eastern and hill states, the turnover threshold for GST registration is Rs.10 lakh.

In addition, following individuals also need to complete GST registration and acquire unique 15-digit GSTIN:

  • Individuals making inter-state supply of taxable goods and services.

  • Individuals with taxability under reverse charge.

  • Non-resident taxable individuals.

  • Individuals eligible for tax deduction under section 37.

  • Individuals supplying goods and services on behalf of any other registered taxpayer in capacity as an agent or any other manner.

  • Individuals acting as distributors of input service.

  • All e-commerce operators.

  • Aggregators supplying services under a new brand or trade name.

  • Any other individual or group of individuals notified by the Central or State Government as per the GST Council’s recommendations.

When you provide intra-state services with an annual turnover of over Rs.20 lakh and intra-state good providers with annual turnovers of more than Rs.40 lakh, you need to register for GST. Additionally, intra-state suppliers must register for GST.

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