WHO IS ELIGIBLE FOR GST REGISTRATION
- Turnover basis – if your business sales or turnover cross more than 40 lakh rupees in a year then its required the GST Registration. For some state like North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand the limit is only 10 lakh rupees in a year.
- Event or Exhibition – In the GST Act its called the casual taxpayer. If they don’t have any permanent place of business then they can apply for the casual taxpayer under the GST Registration. It’s valid for a maximum of 90 days (3 months).
- Non-Resident Indian (NRI) – if you are a non-resident person of India or handling the business of NRI in India then it’s required to apply for the GST Registration Online.
- The agent of Suppliers or Input tax Distributor – if you are an input tax service distributor then it’s required to apply for the GST Registration to carry forward the benefit of an input tax credit under GST Law.
- Reverse Charge Mechanism – Under GST Law there is term reverse charge mechanism so if you fall under that category then its required the GST registration.
- E-commerce Sellers – if you are an E-commerce Sellers of the leading aggregator portal like Flipkart or Amazon then yes you need the GST Registration.
- E-Commerce Aggregator Portal – if you are thinking to start your own E-commerce business then for ECommerce Business Registration you need GST Registration for the same.
- Outside India Online Portal – if you are software as a service company and providing information & database access from outside India to Indian visitors then it’s required to register under the GST.
