Under any taxation law, registration is the most important requirement for identification of taxpayers ensuring tax compliances. Under GST law, a supplier is required to obtain State-wise registration. GST registration is PAN based therefore he has to obtain registration in each states/UTs from which he operates under the same PAN.
After registration a GSTIN is issued by the Government which is unique 15- digit used to identify a business.
Person liable to registration/ Compulsory registration
- Those who exceed the thresshold limit (10/20/40 Lakhs)
- Person making interstate taxable supply
- Casual Taxable Person
- Person receiving supplies on which tax is payable on RCM basis
- Notified Ecommerce Operator
- Non-Resident Taxable Person
- Who are required to deduct TDS
- Who are required to collect TCS
- Agent of some Principal
- Person supplying OIDAR Services to person in India other than RP
- ISD
There is a specific category of persons who are not liable to register
- Person engaged in exclusively in supplying goods/services/both not liable to GST/ wholly exempt from GST
- Agriculturist limited to suppy of produe out of cultivation of land
- Person making only Reverse Charge Suppy
- Person making Interstate supplies of taxable services upto thresshold limit.
- Person making interstate supply of notified goods and notified hand-made goods upto thresshold limit.
- CTP making interstate supply of notified goods and notified hand-made goods upto thresshold limit.
- Person making supplies of services through an ECO (other than specified u/s 9(5)) upto thresshold limit.
Click here to know the complete Step by Step GST Registration procedure.
