What is GST Registration?
Goods and Services Tax (GST) is India’s unified indirect tax system, launched on 1st July 2017, replacing a host of state and central taxes like VAT, CST, Excise Duty, Service Tax, and others. Under the GST regime, businesses supplying goods or services above a prescribed threshold must register for GST to legally collect tax and avail of Input Tax Credit (ITC).
Overview of Online GST Registration in India
The GST system applies to:
- Manufacturers
- Traders
- Service Providers
- E-commerce Sellers
- Freelancers
- Importers and Exporters
GST ensures a seamless tax flow from manufacture to sale, making it a destination-based tax. For example, if a product is manufactured in Tamil Nadu and sold in Maharashtra, the tax revenue is allocated to Maharashtra.
To make compliance easier for small businesses, the GST system offers a Composition Scheme for taxpayers with an annual turnover of up to ₹1.5 crore, allowing simplified returns and reduced tax rates.
Key Components of GST
GST in India is divided into three main parts:
- CGST (Central GST) – Levied by the Central Government on intra-state sales.
- SGST (State GST) – Levied by State Governments on the same intra-state transactions.
- IGST (Integrated GST) – Levied by the Central Government on inter-state sales and imports/exports.
Who Should Register for GST?
Mandatory GST registration is required for:
- Businesses with annual turnover:
- ₹40 Lakhs for goods (₹20 Lakhs for NE & special category states)
- ₹20 Lakhs for services (₹10 Lakhs for NE & special category states)
- Inter-state suppliers of goods or services
- E-commerce operators (e.g., Amazon, Flipkart sellers)
- Casual taxable persons
- Non-resident taxable persons
- Agents of suppliers
- Input Service Distributors (ISD)
- Businesses under the Reverse Charge Mechanism (RCM)
- Online service providers outside India supplying to Indian customers
Documents Required for GST Registration
For Sole Proprietorship / Individual:
- PAN card
- Aadhaar card
- Passport-size photograph
- Two address proofs (e.g., Electricity Bill & Rent Agreement)
- Bank details (Cancelled Cheque or Bank Statement)
For Partnership / LLP :
- Partnership Deed
- PAN card of firm
- Identity & address proof of all partners
- Two address proofs
- Bank details
For Company (Private / Public Limited):
- PAN card of company
- Certificate of Incorporation
- Memorandum & Articles of Association (MOA & AOA)
- Board Resolution for GST application
- ID & address proof of Directors
- Two address proofs
- Bank details
GST Registration Process with VETRI AUDIT SERVICES PVT LTD
Get your GST number with hassle-free online registration in just a few steps::
- Submit Basic Details: Share your name, email, and contact number.
- Expert Consultation: Our GST specialist will call you to understand your business operations and clarify any doubts.
- Document Verification: We collect and verify all required documents.
- Application Filing: Once payment is received, we file your GST application on the GST portal.
- Get GSTIN: Receive your GSTIN (15-digit registration number) within 7 to 15 working days.
Everything is 100% online – No physical presence required.
Penalties for Not Registering Under GST
- Failure to Register: Penalty of ₹10,000 or 10% of the tax due (whichever is higher)
- Wilful Tax Evasion: Penalty of 100% of the tax evaded
Avoid costly fines— register with us today and stay compliant!
Benefits of GST Certificate
Holding a valid GST Registration Certificate offers several advantages:
- Legal Tax Collection: Authorized to collect GST from customers.
- Input Tax Credit (ITC): Claim credit on GST paid for business purchases.
- Improved Credibility: Enhances your business reputation and trustworthiness.
- Loan Applications: Required for business loan approval from financial institutions.
- Government Tenders: Mandatory for participating in tenders and contracts.
Post-GST Registration Responsibilities
After successful GST registration, you are required to
- Use your GSTIN on all invoices
- File monthly/quarterly GST returns (GSTR-1, GSTR-3B, etc.)
- Maintain accurate books of accounts
- Display the GST certificate at your principal place of business
Get Started with Vetri Audit Services Now
At Vetri Audit Services Pvt Ltd, we make your GST registration journey simple, quick, and reliable. From registration to filing and compliance – we handle it all, so you can focus on growing your business.
VETRI AUDIT SERVICES PRIVATE LIMITED – Your Trusted Partner in Tax & Compliance