GST Registration is the process by which businesses are registered under the Goods and Services Tax (GST) law to collect and remit GST on their taxable supplies.
Businesses whose turnover exceeds the prescribed threshold limit (₹40 lakhs for goods and ₹20 lakhs for services), or those involved in inter-state supplies, must register for GST.
Legal recognition, input tax credit, simplified tax structure, interstate trade facilitation, and eligibility for government tenders.
GST registration can be done online through the GST portal by filling out the GST REG-01 form and submitting the necessary documents.
GST registration is mandatory for businesses meeting the threshold limits, involved in inter-state trade, or supplying specific goods/services.
After GST registration, businesses must file GST returns monthly or quarterly depending on the turnover. This includes GSTR-1 (sales) and GSTR-3B (summary return).