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Description

GST registration in India is the process by which businesses and individuals obtain a unique Goods and Services Tax Identification Number (GSTIN) from the government. This registration is mandatory for businesses engaged in the supply of goods or services with an annual turnover above the prescribed threshold limit. To register for GST in India, applicants need to submit the required documents and details online through the GST portal maintained by the Goods and Services Tax Network (GSTN). Once registered, businesses are required to comply with GST regulations, including filing regular returns, collecting GST from customers, and claiming input tax credits on purchases. Non-compliance with GST registration requirements can result in penalties and legal consequences.