What is GST(Goods & Services Tax)?

Starting April 1, 2017, Goods & Services Tax (GST) is applicable to all Indian service providers (including freelancers), traders and manufacturers. As per the GST Council, entities in the Northeaster and hill states with an annual turnover of Rs.10 lakhs and above would be required to obtain GST registration. For all other entities in rest of India would be required to obtain GST registration, if annual turnover exceeds Rs.20 lakhs. Entities required to obtain GST registration as per regulations must file for GST registration within 30 days from the date on which the entity became liable for obtaining GST registration. The GST is an all-in-one tax that subsumes a variety of state (VAT, Entertainment Tax, Luxury Tax, Octroi) and central taxes (CST, Service Tax, Excise Duty). GST is to be charged at every step of the supply chain, with complete set-off benefits available. The procedure for GST is completely online and requires no manual intervention. There will also be a composition scheme under GST for businesses with a supply turnover of less than Rs. 50 lakh.

Online GST Registration in India

Who should get GST registration?

A business entity that is currently registered under any of the existing tax regimes then it is compulsorily required to migrate under GST law irrespective of the threshold limits.The following central and state level tax regimes will end with introduction of Goods and Service Tax (GST)

  • Central Excise duty
  • Service Tax
  • State VAT
  • Central Sales Tax
  • Entry Tax (all forms)
  • Luxury Tax
  • Entertainment and Amusement Tax
  • Purchase Tax
  • State Surcharges and Cesses

But if you are supplying goods and services and not registered under any existing tax legislative then you are liable to register only if the aggregate turnover in any financial year exceeds the threshold limit. The existing threshold limit specified by the GST council is 20 lakhs for all the states except for North Eastern States where the limit is 10 lakhs.



Taxes Subsumed by GST

The GST will consolidate Central Excise Duty, Service Tax, VAT, Central Sales Tax, Customs Duty, Central Surcharge & Cess, Octroi, Luxury Tax, Entertainment Tax, Purchase Tax and a few other indirect taxes. The GST will apply on all goods and services. Even petrol and petroleum products will eventually be subject to it.

GST Rates

The GST council has decided on a four-tier structure. The GST rate will depend on the type of goods and services. Currently, the slab rates are 5%, 12%, 18% and 28%. The rate for gold is yet to be decided, and will likely to be the lowest of all.


GST will have a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST). Therefore, centre and state will levy GST on all entities. Inter-state transactions will attract the Integrated Goods and Services Tax (IGST), to be levied by the centre.

GST Threshold

Businesses with a supply turnover of over Rs. 20 lakh must register for GST. The key word here is supply, which takes into consideration any turnover, including stock-taking, discounts and freebies. In fact, even those supplying non-taxable goods must register for GST. Business making sales to other states must register for GST, regardless of turnover.


• Eliminating cascading effect of taxes.
• Tax rates will be comparatively lower as the tax base will widen.
• Seamless flow of Input tax credit.
• Prices of the goods and services will fall.
• Efficient supply chain management.
• Promote shift from unorganised sector to organised sector.


You can register your business for GST in either way by yourself on the GST portal or by Venture Care.
To register for GST via Venture Care, you just need to make online payment and we will take care of the rest.



What are the effective dates for gst registration ?

Sr. No. States Start Date Number of Taxpayers with validated PAN User activated till date Percentage of User Activated
1 Andhra Pradesh 1/1/2017 229,493 2203,330 88.60%
2 Arunachal Pradesh 11/30/2016 5,476 1,539 28.10%
3 Assam 11/30/2016 206,034 57,532 27.92%
4 Bihar 11/30/2016 194,495 115,338 59.30%
5 Chandigarh 12/16/2016 16,305 14,844 91.04%
6 Chhattisgarh 11/14/2016 109,055 91,010 83.45%
7 Dadra and Nagar Haveli 11/14/2016 4,389 3,031 69.06%
8 Daman and Diu 11/14/2016 4,803 3,349 69.73%
9 Delhi 12/16/2016 393,200 268,761 68.35%
10 Goa 11/14/2016 25,016 15,742 62.93%
11 Gujarat 11/15/2016 499,823 450,729 90.18%
12 Haryana 12/16/2016 242,527 172,709 71.21%
13 Himachal Pradesh 12/16/2016 66,165 34,056 51.47%
14 Jammu & Kashmir 12/16/2016 58,208 2,866 4.92%
15 Jharkhand 11/30/2016 92,627 57,344 61.91%
16 Karnataka 1/1/2017 550,489 513,426 93.27%
17 Kerala 1/1/2017 263,424 183,014 69.48%
18 Madhya Pradesh 11/30/2016 301,997 251,988 83.44%
19 Maharashtra 11/14/2016 803,261 705,235 87.80%
20 Manipur 11/30/2016 3,940 1,789 45.41%
21 Meghalaya 11/30/2016 24,296 4,711 19.39%
22 Mizoram 11/30/2016 2,313 868 37.53%
23 Nagaland 11/30/2016 4,847 2,829 58.37%
24 Odisha 11/30/2016 175,463 89,870 51.22%
25 Puducherry 11/8/2016 16,450 12,841 78.06%
26 Punjab 12/16/2016 229,541 187,113 81.52%
27 Rajasthan 12/16/2016 564,625 435,382 77.11%
28 Sikkim 11/8/2016 3,119 1,952 62.58%
29 Tamilnadu 1/1/2017 630,251 550,148 87.29%
30 Telangana 1/1/2017 209,863 163,978 78.14%
31 Tripura 11/30/2016 16,630 7,785 46.81%
32 Uttar Pradesh 12/16/2016 812,129 596,283 73.42%
33 Uttarakhand 12/16/2016 104,255 77,491 74.33%
34 West Bengal 11/30/2016 273,823 210,228 76.78%
Total for State VAT Users XXXXXXXX 7,138,332 5,489,111 76.90%
35 Taxpayers registered under Central Excise Act but not registered under State VAT 1/7/2017 55,830 14,486 25.95%
36 Taxpayers registered under Service Tax Act but not registered under State VAT 1/20/2017 1,156,337 546,580 47.27%
Total for CBEC Users XXXXXXXX 1,212,167 561,066 46.29%
Grand Total XXXXXXXX 8,350,499 6,050,177 72.45%

Venture Care can help you to obtain GST Registration for your business.
GST Registration process can take 7 to 12 days,
subject to Government processing time.


"The required documents for GST Registration differ from business to business. Here is the document required for GST Registration"

For Sole Proprietorship Registration

PAN Card of the proprietor
Address proof of proprietor

For LLP (Limited Liability Partnership)

PAN Card of LLP
LLP Agreement Partners' names
Address proof

For Private Limited Company(PVT LTD)

Certificate of Incorporation
PAN of Company
Articles of Association
Memorandum of Association
Resolution signed by board members
Identity and address proof of directors


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What is GST?
Do I need to get registered under GST law?
What are the threshold limits for registration?
Who is exempted from registration even if threshold limit is reached?
Is Threshold limit for registration applicable for everyone?
If have business establishments in different states can I apply for a central registration?
If I have multiple business units within the same state will I be liable to get separate registrations?
What is composition scheme?
Am I eligible for registration under composition scheme?
Can I apply for GST Registration online?
Is the GST threshold limit the same for all Indian states?
How would the composition scheme work under GST?
Does GST apply to all businesses?