How Many Types of GST Registration Are There?

What is GST?

- GST = various indirect taxes (such as excise, service tax, CST, VAT, etc) - Makes tax payment easier and faster.  - GSTIN is required by the taxpayer in order to collect and pay GST and claim GST input tax credit.

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Various Types of GST Registration

1. Normal Taxable Person: Vast majority of Indian enterprises, needn't make a deposit.  2. Composition Taxpayer: GSTIN is required by the taxpayer in order to collect and pay GST and claim GST input tax credit.

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Various Types of GST Registration

3. Non-Resident Taxable Person: a taxable person residing outside India and coming to India to occasionally undertake transactions in the country.  4. Casual Taxable Person: does not have a permanent office, factory, or another place of business.

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