Who Needs GST Registration?
GST registration is mandatory for businesses with annual turnover exceeding ₹40 lakh (₹20 lakh for service providers, ₹10 lakh for special category states). Additionally, businesses engaged in inter-state supply of goods/services, e-commerce sellers, casual taxable persons, non-resident taxable persons, and those liable to pay tax under reverse charge mechanism must register for GST regardless of their turnover. Exporters and importers also require GST registration to claim ITC and file LUT for zero-rated exports.
GST Return Filing Obligations
Every GST-registered business must file regular returns: GSTR-1 (outward supply details — monthly or quarterly under QRMP), GSTR-3B (monthly summary return with tax payment), GSTR-9 (annual return), and GSTR-9C (reconciliation statement for turnover above ₹5 crore). Non-filing attracts late fees of ₹50/day (₹20/day for nil returns) plus 18% interest on outstanding tax liability. Taxvio's expert team ensures 100% timely filing, ITC reconciliation, and GSTR-2A/2B matching to avoid demand notices.