GST Registration is compulsory irrespective of turnover in the following cases: –
- Persons making interstate supplies of taxable services
- Receipt of services on which RCM (Reverse charge Mechanism) is payable.
- Non-resident not having fixed place of business in India supplying goods or services in India.
- E-commerce operators
- TDS deductors.
- Input Service distributors
- Those Supplying online information and data base access or retrieval services from India to a non-registered person in India.
GST registration is mandatory for Businessmen having aggregate turnover of Rs. 20 lacs or more.
However, limit of turnover of 10 lacs will be applicable if business is located at :-
– Assam
– Himachal Pradesh
– Arunachal Pradesh
– Uttrakhand
– Manipur
– Mizoram
– Sikkim
-Meghalaya
– Nagaland
– Tripura
GST Number: – 15 digit numeric
First 2 digits:- State Code e.g.: 03- Punjab, 04-Chandigarh, 06- Haryana, 07-Delhi, 02-Himachal Pradesh
3-12 digits: – PAN Number
13th digit: – Number of registrations of the entity within the State
14th digit:- Normally “z’ by default.
15th digit: – Check code, it can be number or alphabet.