GST Registration In Assam

Under the GST system, all entities involved in buying or selling goods, providing services, or both must obtain GST registration. Without it, businesses cannot collect GST from customers, claim Input Tax Credit (ITC), or avoid penalties.

Here are the key eligibility criteria for GST Registration In Assam:

• Annual Turnover Threshold: Businesses with an annual turnover exceeding ₹20 lakhs (₹10 lakhs for Special Category States) are required to register for GST.
• Existing Tax Registrations: Entities already registered under previous indirect tax laws (e.g., VAT, Excise, or Service Tax) must migrate to GST, regardless of turnover.
• Provisional ID for Existing Taxpayers: Existing taxpayers receive a Provisional ID and Password to complete GST migration within six months and obtain their GSTIN.
• Multiple State Operations: Businesses operating in more than one state must register for GST in each state.
• Multiple Business Verticals: Entities with multiple business verticals in one state must register each vertical separately.
• Interstate Supply: Businesses engaged in interstate supply of taxable goods or services must register for GST.
• Non-Resident Taxable Persons: Individuals or entities supplying goods or services in India without a fixed business location must register.
• Casual Taxable Persons: Occasional suppliers of goods or services (e.g., temporary shops during festivals) require GST registration.
• Reverse Charge Mechanism: Businesses liable to pay tax under Reverse Charge must register.
• Tax Deduction at Source (TDS): Entities required to deduct tax at source need GST registration.
• Agents and Intermediaries: Agents supplying goods or services on behalf of others must register.
• Input Service Distributors (ISD): Organizations distributing input tax credits to branches require registration.
• E-Commerce Operators: Businesses operating through e-commerce platforms (e.g., Flipkart, Amazon, Ola) must register for GST.
• Online Service Providers: Suppliers of online information or database access from outside India to Indian customers require GST registration.
• Exporters and Suppliers of Non-Taxable Goods: Exporters or those dealing in non-taxable products must register, including software exports previously untaxed.