GST Registration and Compliance Guide for Startups
What is GST?
GST (Goods and Services Tax) is a comprehensive indirect tax on the supply of goods and services in India.
Who Needs GST Registration?
Businesses with turnover exceeding Ôé╣40 lakh (Ôé╣20 lakh for special category states) must register for GST.
Benefits of GST Registration
Input tax credit, legal compliance, easier interstate trade, and access to government tenders.
Step-by-Step Registration Process
Visit the GST portal, fill Form GST REG-01, submit required documents, and receive your GSTIN.
Compliance Requirements
Regular filing of GSTR-1, GSTR-3B, and annual returns. Maintain proper invoicing and records.
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