GST Registration In Bhubaneshwar Odisha

Businesses operating in Bhubaneswar Odisha must comply with the provisions of the GST Act. GST Registration In Bhubaneshwar Odisha is mandatory for entities that meet certain criteria. Below are the key categories of businesses that require GST Registration In Bhubaneshwar Odisha:

1. Turnover Threshold – Businesses must register if their annual turnover exceeds:

   • ₹40 lakhs for the supply of goods
   • ₹20 lakhs for the supply of services

2. Interstate Supply – Any business involved in the supply of goods or services across state borders must register for GST, regardless of turnover.

3. E-Commerce Operators – Individuals or businesses selling goods through online platforms must obtain GST registration, even if their turnover is below the prescribed limit.

4. Casual Taxable Persons – Businesses operating temporarily (e.g., during trade fairs or exhibitions) must register as casual taxable persons.

5. Non-Resident Taxable Persons – Foreign entities providing goods or services in India are required to register as non-resident taxable persons.

6. Voluntary Registration – Businesses below the turnover threshold can voluntarily register to avail of benefits like Input Tax Credit (ITC) and enhanced credibility.

7. Service Providers – Individuals or businesses offering services with an annual turnover exceeding ₹20 lakhs must obtain GST registration.

8. Reverse Charge Mechanism (RCM) – Businesses dealing with goods or services under the reverse charge mechanism, where the recipient is liable to pay tax, must register for GST.