Everything You Need to Know About GST Registration Online (In a Simple, Human Way)

If you manage a business in India, you cannot avoid GST – Goods and Services Tax. The implementation of GST is now simply part of how we do business. GST sounds a little threatening and complicated at first. The upside is that you can register for GST online from your home or office without needing to be a tax lawyer.

In this article, we will explain GST Registration Online using simple, easy-to-understand English, without all the legal jargon, without beating around the bush, and without lacking style and friendliness. This article is written for shopkeepers, freelancers, and people starting new businesses.

What is GST, and why is it significant?
GST is a single tax and extends to What is Goods and Services Tax, and why is it significant? GST is a single tax and replaces a host of indirect taxes such as VAT, excise duty, and service tax. GST is a destination-based tax on economic activity on goods and services. GST is intended to simplify the indirect tax system, and it has simplified, for the most part, the indirect tax system.

Who Requires Registration for GST?
Here's a straightforward look at who has to register:

Businesses with a turnover above ₹40 lakhs (₹20 lakhs in some special category states)
Service providers with a turnover above ₹20 lakhs (₹10 lakhs in special category states)
E-commerce sellers
Interstate suppliers
Businesses paying tax under the reverse-charge structure
Non-resident taxable persons and casual taxable persons

If you are not sure whether you belong to any of the above categories, it is better to check than to take a specific course of action. You do not want to be fined.

Cost of Registering for GST
Still unsure? Here are a few very good reasons why registering for under GST is worth the paper it’s printed on:

Legal acknowledgment of your business as a supplier of goods/services.
Input tax credits — claim the tax you pay on purchases.