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GST Registration : Threshold, Fees, Documents, Steps, Penalty

GST Registration Its Threshold, Fees, Documents, Steps and Penalty

What is GST registration?

GST REGISTRATION is a process by which a TAXPAYER (sole proprietor, LLP Company, One Person Company, Private Limited Company, Nidhi Company, Section 8 Company, Partnership Firm, Indian Subsidiary Company, Farmer Producer Company) gets registered under GST. GST is indirect tax where the burden of tax shifts from recipient to supplier. The taxpayer register under GST to collect and pay GST on the outward supplies i.e. sales and claim GST ITC (input tax credit)  on the inward supplies i.e. purchases depending on the nature of the business and good & service in which it deal.

Read Also: Startup India Registration : What it is and benefits?


What is the threshold limit for GST registration?

Threshold limit for GST Registration is as listed below

  • Business (Goods & service/goods/ service)- Less than 40 lakhs turnover -voluntary basis
  • Business (goods) -  more than 40 lakhs turnover
  • Business (services) - more than 20 lakhs turnover
  • Business (services) special category states- more than 10 lakhs turnover

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What are the fees for GST registration?

fees for GST registration In today's world any business works require a minimum amount to get it completed but you get shocked that the government of India makes it totally FREE to get registration under GST.

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What are the documents required for GST registration?

  • PAN (company / individual/ partnership firm/OPC)
  • COI (in case of co.) 
  • Detail of Directors/partners/ proprietor
  • Passport size photo of directors/partners/proprietor
  • Electricity bill along with NOC signed( in case of rented or owned) 
  • Board resolution ( in case of company) 
  • partnership agreement ( in cases  of partnership firm) 
  • Mobil no. Register with Aadhar and E- mail.

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Steps for GST Registration Under Form GST Reg- 01

  • Step 1. Go to GST portal
  • Step 2. Click on NEW REGISTRATION under services menu
  • Step 3. Fill the required detail in all mandatory fields as per documents and click on proceed  button.
  • Step 4. After  proceeding you get an TRN ( temporary reference number used to complete part B of GST reg 01).
  • Step 5. login through TRN and click on the action button. 
  • Step 6. Enter all mandatory details in all Tabs and attach all  necessary documents and save and continue and submit the application through EVC. 
  • Step 7. After submission of application you get a LINK of your registered email to verify Aadhar. After verification  you will receive an ARN on your email id to track the status of your application.

Read Also : What is company registration?

What is the Penalty for not taking GST Registration?

If an entity or individual liable to register under GST but failed to register involved in penalty Rs 10,000 or 10% of tax due whichever is HIGHER.

Read Also : How to Apply for GST Registration? Know Step by Step Process


Ans. If you supply goods to multiple states within India, you are obligated to register for GST in each state where your goods are supplied. The registration for GST in each state is free of charge. Failure to pay GST may result in a penalty of either Rs. 10,000 or 10% of the outstanding tax amount, whichever is greater.

Ans. If your annual turnover from selling goods within a single state exceeds Rs. 20 lakh, or if you are a service provider within the same state with an annual turnover exceeding Rs. 40 lakh, GST registration is mandatory. Similarly, suppliers operating within the confines of a single state must also register for GST.

Ans. If we talk about types of GST registration then here are only 3 Types of GST registration Regular, Composition, and Casual.

Updated on: 27 Mar, 2024 | 7 min read

Akansha Kushwaha/