What is GST Registration?
GST Registration is mandatory for businesses whose turnover exceeds the threshold limit. It's a unique identification number that allows businesses to collect tax from customers and claim input tax credit.
Who needs GST Registration?
Businesses with turnover exceeding ₹20 lakhs (₹10 lakhs for special category states) need GST registration. Also, businesses involved in inter-state supply, e-commerce, or specific business categories must register regardless of turnover.
What are the benefits of GST Registration?
Benefits include legal recognition, input tax credit, interstate business expansion, e-commerce participation, and better business credibility.
How long does it take to get GST Registration?
It typically takes 5–7 working days after document submission and successful verification by GST authorities.