Every supplier of goods is required to take GST registration online if his aggregate turnover exceeds 40 lakh. Documents for registration - PAN card, aadhaar card..
There are no time restrictions given in law for the validity of the GST number. Registration is valid for a lifetime if It has not canceled by the tax officer nor surrendered by the taxpayer.
However, In the case of a casual taxpayer or non-resident taxable person, the validity of registration is limited for a period of 90 days or the period mentioned in the registration application.
GST Registration OnlineAs per GST jurisdiction, any business operations whose annual turnover exceeds Rs 40 lakhs must register as a separate taxable provision.
As per GST jurisdiction, if you're doing any business without GST registration, it's considered an offense.GST or Goods and Service Tax - One Nation One TaxBeing the biggest tax reform in India, GST levied on the goods and services which includes both the Central taxes (CST, Service Tax, Excise Duty) and State taxes (VAT, Entertainment Tax, Luxury Tax, Octroi).
This will help the buyer in touch only GST which is charged by the last dealer within the chain of trade and provide .As per GST Regime, any business operation whose annual turnover is exceeding quite Rs.40 lakh is required to register as a traditional taxable individual.
However, there's an exclusion for hill states and North East, the annual turnover is exceeding quite Rs.20 Lakh for them.To obtain GST Registration Online is mandatory for all types of businesses whose turnover comes under the above-mentioned criteria.
If a business entity carries any business activities without GST registration, it will be conceived as a punishable offense and the business and its owner will be liable to pay heavy penalties and legal issues.Who is eligible for GST Registration Online?The person who is registered under Pre-GST law such as Excise, VAT, Service Tax Businesses that hold turnover exceeding more than Rs.
Non-Resident Taxable person and Taxable person Input Service Distributor and Agents of Supplier Individuals who are paying taxes as per the Reverse Charge Mechanism.