Why We Are The Best For GST
GST (Goods and Services Tax) Registration
GST (Goods and Services Tax) registration is required for businesses in India involved in
the supply of goods and
services, provided their annual turnover exceeds specific thresholds. Here’s an
overview:
-
Eligibility Criteria for GST Registration
- Mandatory Registration: Businesses with turnover exceeding INR 20
lakh (services) or INR 40 lakh (goods) must register,
though this varies by state and business type.
- Voluntary Registration: Businesses below the threshold can
voluntarily register to take advantage of input tax credit
and other benefits.
- Special Cases: Certain businesses (e.g., e-commerce operators,
inter-state suppliers) must register regardless of
turnover.