GST REGISTRATION AND RETURN FILING
Goods and Services Tax (GST) registration is mandatory for every business whose annual turnover exceeds the prescribed limit ₹40 lakhs for goods, ₹20 lakhs for services, and ₹10 lakhs for special category states. Businesses below this threshold can voluntarily register to claim input tax credit and enhance credibility.
If a business operates without GST registration despite being liable, it attracts heavy penalties under GST law. Registration usually takes around 4–6 working days.
TYPES OF GST REGISTRATION
- Regular Taxpayer – Standard registration for most businesses.
- Casual Taxable Person – For businesses operating temporarily in another state.
- Non-Resident Taxable Person – For foreign entities supplying goods/services in India.
- E-commerce Operator – For platforms facilitating online sales.
GST RETURN FILING
Registered businesses must file GST returns to report:
- Sales, purchases, tax collected (output), and tax paid (input). Returns can be monthly, quarterly, or annually, depending on the taxpayer category. Filing returns on time ensures input tax credit eligibility and avoids penalties.
BENEFITS OF GST REGISTRATION
Legal recognition for the business
Elimination of multiple indirect taxes
Input tax credit on purchases
Ease of inter-state trade and e-commerce
Better compliance image and trust among clients
Eligibility for government tenders and contracts
PENALTIES FOR NON-REGISTRATION
- 10% of tax amount due or minimum ₹10,000, whichever is higher.
- 100% of tax due in case of deliberate tax evasion.
PROCESSING TIME
GST registration certificate is typically issued within 3–6 working days after submission and verification of documents.

