When GST registration is mandatory
- Turnover above ₹40 lakh for goods (₹20 lakh in special category states)
- Turnover above ₹20 lakh for services (₹10 lakh in special category states)
- Inter-state supply of goods, e-commerce sellers, and certain other cases regardless of turnover
Why many startups register voluntarily
Even below the threshold, registering lets you claim input tax credit on your expenses and lets B2B customers claim credit on your invoices — often essential to winning enterprise clients.
Documents you need
- PAN of business and promoters
- Proof of business registration
- Address proof of place of business
- Bank account details
- Aadhaar and photos of authorised signatory
After registration
You must file periodic returns (GSTR-1 and GSTR-3B) even if there is no activity in a month. Missing nil returns still attracts late fees.
Need help putting this into action? Book a free 15-minute call with a Vaishnav Catalyst specialist.