• Many Indirect taxes like VAT, Excise Duty, Service Tax, CST, Import-Export, Octroi, Luxury Tax and Entertainment Tax now only require a GST registration. This will result in fewer compliances and help businesses to focus more on their business.

• The Credibility of the business increases once it is known that it is a GST registered entity.

• Upon Reaching a Turnover of 20 Lakh

If your current supply of goods or services is over  20 lakh, you need to obtain GST Registration (if your business operates exclusively in the North-Eastern states, Rs. 10 lakh).

• Inter-State Sales or Service provider

Anyone supplying goods or services to another state needs to apply for GST regardless of turnover. Even online service providers serving customers in another State will instantly attract GST registration.

• E-commerce operator

Who owns, operates of manages digital platforms for e-commerce. Eg: Flipkart, Amazon etc.

• Vendors selling through Ecommerce Portals

Persons who supply goods or services through e-commerce sites

• Non- Residents & Importers

Any Non-resident person or company supplying goods or services in India need to take the registration regardless of turnover.

• Supplier of Online Information

Any person supplying online information and database services from outside India to a person in India needs to register irrespective of turnover

• Pvt. Ltd. /Public Ltd./OPC

  • Company PAN card

  • MOA, AOA & Incorporation Certificate

  • Company Address Proof

• LLP & Partnership Firm

  • Firm PAN card

  • LLP Agreement/ Partnership deed

  • Firm Address Proof

• Proprietorship Firm

  • Proprietor's PAN card

  • Shop Act / Ghumasta License

  • Address proof of Firm

• GST Registration Certificate (GSTIN)

The GST rate will depend on the type of goods and services. Currently, the slab rates are 5%, 12%, 18% and 28%. Gold and rough diamonds do not currently fall under GST and will be taxed at 3% and 0.25%

Central GST (CGST): When the supply of goods and services takes place WITHIN the State (Intra-state), that is when the Supplier and the Consumer both are in the same state, two taxes will be levied. One part is levied by the State Government and the other is by Central Government. Hence the tax levied by the central government is known as Central GST.

State GST (SGST): State GST is the component of GST that will be collected by the state government on all items, both goods and services in intra-state trade.

Integrated GST (IGST): When the supply of goods and services takes place BETWEEN two States (Inter-state), that is when the place of Supplier and the Consumer are in different states, Integrated GST is levied by the central government. In the case of Inter-State supply of Goods and Services, only IGST will be applicable.