Questions Legal

Who needs a GST Registration?

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deepraj dey

Tagline Not available

Every business or corporation that is involved in the buying and selling and good services have to register for GST. It is mandatory for companies whose turnover is more than Rs.20 lakhs (for the supply of services) and Rs. 40 lakhs ( for the supply of goods) yearly to register for a GST.

All businesses making interstate outward supplies of goods have to register for a GST too. The same applies to businesses making taxable supplies on behalf of other taxable persons, for example, Agents, and Brokers.

Also, as per the recent notification, e-commerce sellers/aggregators need not register if total sales are less than Rs.20 lakhs.

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Prashant Nayak

Tagline Not available

A business enterprise which has 40 lakhs turnover per year needs to pay GST and 20 lakhs in North eastern states.

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Nandani Sharma

Corpbiz is a legal adviser

NBFCs will have to go through the registration process under the Act. NBFC's financial services are under its wing. The financial services that NBFCs provide are asset financing, acquisition of shares, bonds, debentures, securities and stocks, lending as well as advances and investments in various commercial securities. The NBFC is not only limited to the points mentioned earlier, but also extends to providing credit facility and working capital loans.... Continue Reading 

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Startup efilings

company registration, LLP, Proprietorship, Partnership

GST registration is a PAN based registration that is done online. It takes around 3-6 working days within which a temporary number (TRN) is generated on time. GST registration is confirmed by the GSTIN (GST identification number) which is provided by the tax authorities to monitor tax payments and compliances of the registered person and it is a unique 15 digit number. In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration. For certain businesses, registration under GST is mandatory.


  • Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax, etc.)
  • Businesses with turnover above the threshold limit of Rs. 40 Lakhs* (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
  • Casual taxable person/ NRO Taxable person
  • Agents of a supplier & Input service distributor
  • Those paying tax under the RCM
  • The person who supplies via e-commerce aggregator
  • Every e-commerce aggregator
  • The person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person.


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