GST is the result of the most important tax reform in India which has highly improved ease of doing business and increasing the taxpayer base in India. Tax complications have been drastically reduced by the introduction of a single tax regime in place of multiple taxes. The new GST regime requires that entities that are engaged in the business of buying or selling goods or providing services or both need to register and obtain GSTIN. Registration is mandatory once the entity crosses a threshold limit.
With the online GST portal, GST registration can be done easily. Businesspersons can fill a form on the GST portal and submit the necessary documents, as may be required, for registration. It is a criminal offense to carry out operations without getting registered on the GST portal.
