Any person or entity supplying goods or services in India above the aggregate turnover limit is mandatorily required to obtain GST registration.
GST Registration introduced in India from July 2017. As per the act its a mixture of indirect tax like VAT & Service tax for the same.
Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim an input tax credit of GST paid and/or could be penalized. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover(more than 40 lakh rupees in a year as per the latest amendment from 1st April 2019).
We at ShriAssociates helps you on Online GST Registration.