What Is The Threshold For GST Registration For Businesses?

GST Registration Thresholds in India

General Thresholds for GST Registration

1. For Businesses Supplying Goods:

Annual Turnover above ?40 lakhs: Businesses with an annual aggregate turnover exceeding ?40 lakhs must register for GST.

Special Category States Threshold: In some special category states (listed below), the threshold is ?20 lakhs.

2. For Businesses Supplying Services:

Annual Turnover above ?20 lakhs: Service providers with an annual aggregate turnover exceeding ?20 lakhs must register for GST.

Special Category States Threshold: In special category states, the threshold is ?10 lakhs.

Special Category States

The special category states where the lower threshold limits apply include:

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, and Uttarakhand.

Specific Cases Requiring Mandatory Registration

Regardless of turnover, the following businesses must register for GST:

1. Interstate Supply:

Businesses making interstate supply of goods/services must register, irrespective of their turnover.

2. E-commerce Operators:

Platforms facilitating the supply of goods/services through electronic commerce must register.

3. Casual Taxable Persons:

Individuals/businesses making occasional supplies in a taxable territory where they do not have a fixed place of business.

4. Non-Resident Taxable Persons:

Non-residents supplying goods/services in India.

5. Agents and Input Service Distributors:

Agents of a supplier and input service distributors.

6. Reverse Charge Mechanism:

Businesses are required to pay tax under the reverse charge mechanism.

7. TDS/TCS:

Persons required to deduct tax at source (TDS) or collect tax at source (TCS).