January 1, 2019

Who should register for GST

Who should register for GST? There are two categories of GST registration requirements under GST – turnover criteria and mandatory registration.

Threshold limit for GST registration has been extended from 20 lacs to 40 lacs wef from 1^st April 2019

Notification 10/2019 – Central Tax dated 7^th March, 2019, effective from 1^st April, 2019, prescribes that if following two conditions are satisfied, it is not required to obtain GST registration –

Person is engaged in supplying of goods; and
Aggregate turnover of the person in the financial year is less than INR 40 Lakhs.

However, following categories of supplier of goods are required to obtain the GST registration irrespective of their turnover –

Supplier who are required to obtain compulsory registration u/s 24
Supplier engaged in undertaking intra-state supplies in the specified states;
Supplier who is voluntarily registered under the GST Act and is willing to continue their GST registration;
Supplier engaged in supplying of following specified goods –

Sr. No.	Tariff item, sub-heading, heading or chapter	Description
1	2105 00 00	Ice cream and other edible ice, whether or not containing cocoa.
2	2106 90 20	Pan masala
3	24	All goods i.e. Tobacco and manufactured tobacco substitutes.

1. Turnover criteria for GST Registration till 31st March 2019

One of the criteria for GST registration is the turnover of the business. Businesses are required to be registered under GST law if:

The annual turnover exceeds INR 10,00,000 (10 Lakhs) for Special Category States; and
The annual turnover exceeds INR 20,00,000 (20 Lakhs) in all other cases

Special Category States include all the

Tripura,
Nagaland,
Mizoram,
Manipur,
Meghalaya,
Arunachal Pradesh,
Assam,
Sikkim,
Himachal Pradesh,
Uttarakhand and
Jammu & Kashmir.

2. Mandatory registration criteria under Who should register for GST

Those business who do not qualify under the turnover criteria are registration to obtain a mandatory registration under GST if they fall under any of the following categories:

Inter-state supplies
Casual taxable persons
Non-Resident taxable persons
Agents of supplier & Input service distributor
Persons liable to pay tax under reverse charge mechanism
e-commerce aggregators
Persons supplying via e-commerce aggregators
Persons liable to comply with TDS/ TCS provisions
Person supplying online information and database access or retrieval services (‘OIDAR’) from a place outside India to a person in India
Persons having Service Tax/ VAT/ Central Excise registration
Transferee in case of a business transfer
Successor in case of a business succession

FAQ on Registration by GST

ApplyGST Registration

Benefits of GST Registration

DISCLAIMER: The views expressed are strictly of the author and VJM & Associates LLP. The contents of this article are solely for informational purpose. It does not constitute professional advice or recommendation of firm. Neither the author nor firm and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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