Who Needs GST Registration? Understanding the Limits!

NOIDA, India - June 20, 2025 - PRLog -- Mandatory GST Registration: Who Falls Under It?

According to the GST laws, the following entities must register, regardless of their turnover:

• Businesses exceeding ₹40 lakhs (₹20 lakhs for special category states) in annual turnover
• E-commerce sellers & aggregators (even if turnover is below threshold)
• Inter-state suppliers of goods/services
• Casual taxable persons & non-resident businesses
• Input service distributors & reverse charge mechanism applicants
• Agents supplying on behalf of taxable persons

Key Considerations

• Voluntary Registration: Startups below thresholds can register voluntarily to claim input tax credits.
• Composition Scheme: Businesses under ₹1.5 crores (₹75 lakhs for special states) can opt for simplified compliance.
• Penalties: Non-compliance attracts fines up to ₹10,000 or 10% of tax due (whichever is higher).

Expert Insight

Many small businesses unknowingly cross turnover limits or engage in inter-state transactions. Therefore, for such businesses, it becomes mandatory to complete GST Registration. Actively fulfilling compliance requirements helps avoid legal risks and unlocks input tax benefits," says one of top officials from an esteemed organization. For seeking expert assistance, visit:https://www.setindiabiz.com/gst-registration

About Setindiabiz

Setindiabiz is a pioneering company providing 100% digital Taxation Compliance Services, including GST Registration & Filing to businesses/individuals from PAN India. It offers end-to-end assistance to expedite the process and also get it done smoothly. Consult Finance & Taxation Experts at Setindiabiz to ensure compliance to GST related compliances.