GST Registration

Registration of any business entity under the GST Law implies obtaining a unique number from the concerned tax authorities for the purpose of collecting tax on behalf of the government and to avail of Input tax credit for the taxes on inward supplies. 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.