GST Registration refers to Goods and Services Tax. It was introduced by the Government in the year 2017. GST is an indirect tax levied on the supply of goods and services. It was introduced to merge multiple indirect taxes like excise duty, service tax, VAT, CST, luxury tax, entertainment tax etc into one.
In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration.
For certain businesses, registration under GST is mandatory. If the organization carries on business without registering under GST, it will be an offense under GST and heavy penalties will apply.
Vinay Goel and Company has expertise in providing service for GST Registration and GST Filing along with Book Keeping as the company has a dedicated team of accountants and legal advisor for GST.
