How does GST registration work for you?

Any business offering sale of goods with annual turn over of 40 lacs or service with annual turn over of 20 lacs would require the registration for GST and have a valid GST Number.

We help you get a Secure GST Identification Number.

Step 1

We make it easy for you to get your GST from the comfort of your own home.

Step 2

We will file your returns and complete all other compliances as and when required.

Step 3

Find the structure of GST
Central taxes
Who should register for GST?
GST tax rates on common items
Types of Exemptions

Find the structure of GST in India

GST was introduced with the aim of minimizing the tax burden and inflation rates. An amalgamation of various taxes, GST is a comprehensive, uniform, multi-stage, destination-based tax system that is applied to every value addition. Although the new tax regime has brought some tax relief, a fact that is undeniable is that the significant increase in compliance cost.

The GST tax structure comprises of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Union Territory Goods and Services Tax (UTGST). There are four slab tiers ranging from 5 percent to 28 percent wherein the lowest are for essential items and the highest for luxury goods.

Calculate the GST Amount Online using GST calculator.

Central taxes that are subsumed by GST are:

Central excise duty
Additional excise duties
Excise duties levied under the Medicinal and Toilet Preparations
Service tax
Additional customs duty or Countervailing duty
Special additional duty of customs
Central surcharges and cesses in the nature of taxes on goods/services

State taxes absorbed under GST are:

State VAT
Luxury tax
Entertainment tax that is levied by the local body
Taxes on advertisement
Taxes on lottery, betting and gambling
State charge and cesses
Central sales tax
Goods and Services are divided into five slabs - 0%, 5%, 12%, 18% and 28%

Who should register for GST?

The following entities have to mandatorily do GST Registration Process

Business entities with an aggregate turnover per annum exceeding 40 lakhs
Sellers of goods on the e-commerce platform
When sellers sell goods to other states
E-commerce aggregators
Businesses that are liable to pay Reverse Charges
Individuals supplying via e-commerce aggregators

GST Tax Rates in India for Common Items

Tax slab	Products
NI	All live animals other than horses, meat, certain dairy products like fresh milk, pasteurised milk, curd, buttermilk, cream; eggs, natural honey, fresh vegetables and fruits, coconuts, cereals like rice, maize, barley, flour, sweets, etc.
5%	Other household necessities such as frozen meat and vegetables, edible oil, butter, milk powder, skimmed milk, coffee, tea, groundnuts, soya beans, bread, drugs, etc.
12%	This includes computers and processed food like cheese, refined sugar, spices, instant foods, packaged fruit juices, nuts, spices, etc.
18%	Certain packaged foods like condensed milk, cornflakes, pastries; toiletries like hair oil, toothpaste and soaps; and capital goods and industrial intermediaries are covered here.
28%	Aerated waters containing sugar; luxury items such as premium cars, and small cars, consumer electronics like AC and refrigerators, cigarettes, high-end motorcycles are included in this slab.

Types of Exemptions:

Under the GST Act, the exemption should be in public interest by way of issue of notification, on the recommendation from the Council or by way of special orders mentioning the reasons

Absolute exemption: The supply of the specific good is exempted, irrespective of who the supplier is or whether it is intra- or inter-state.

Ex: Transmission or distribution of electricity by an electricity transmission or distribution utility, Services by Reserve Bank of India, services by veterinary clinics

Conditional Exemption: The exemption is subject to certain terms and conditions under the GST Act. For example, the services by a hotel, inn or guest house with a tariff of a unit of accommodation less than Rs. 1000/- per day

Conditional or partial exemption: Intra-state supplies of goods or services offered by a registered person to an unregistered person are exempted from tax under the reverse charge mechanism. This is applicable only if the aggregate value of the goods or services received by a registered person from all or any of the suppliers does not exceed Rs. 5000/- in a day.

Know the five important laws of GST.