- 349, 3rd Floor, Vardhman Premium Mall, Deepali, Pitampura, Delhi - 110034
- info@fintaxwale.com
GST, or Goods and Services Tax, is a unified tax system that applies to both goods and services across India. Introduced on 1st July 2017, GST replaces various indirect taxes and brings a simplified, transparent, and destination-based tax structure that applies at each stage of value addition.
Built on the concept of “One Nation, One Tax”, GST streamlines tax collection for both the Central and State Governments through a dual tax system. It not only eliminates the cascading effect of taxes but also encourages business growth, investment, e-commerce, and supports the “Make in India” initiative.
Despite being in place for a few years, many individuals and businesses still find GST complex. As a result, they seek assistance from professionals such as Chartered Accountants for smooth GST registration and compliance.
If your business involves the supply of goods, services, or both, registering under GST is mandatory. Without GST registration:
You cannot collect GST from customers
You cannot claim Input Tax Credit (ITC) on your purchases
In simple terms, GST is compulsory if you want to stay compliant and enjoy tax benefits.
Regardless of turnover, the following are required to register under GST:
Casual taxable persons
Non-resident taxable persons
Suppliers using e-commerce platforms
A Casual Taxable Person is someone who occasionally supplies goods or services in a State/UT where they don’t have a fixed place of business.
Businesses involved only in supplying goods must register under GST if their aggregate turnover exceeds ₹40 Lakhs in a financial year, subject to these conditions:
They do not supply services
They do not make intra-state supplies in special category states like Arunachal Pradesh, Mizoram, etc.
They are not involved in the supply of ice cream, tobacco, or pan masala
If these conditions are not met, the threshold falls to:
₹20 Lakhs for general states
₹10 Lakhs for special category states
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Type of Business
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GST Registration Required If Turnover Exceeds
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We also assist in voluntary registration even if you’re below the limit – ideal for growing businesses and startups.
Understanding these thresholds is important, and Fintaxwale is here to help you register effortlessly based on your business type and location.
Aggregate Turnover under GST =(Taxable supplies + Exempt Supplies + Exports + Inter-State Supplies) – (Taxes + Value of Inward Supplies + Value of Supplies Taxable under Reverse Charge + Value of Non-Taxable Supplies).
It is a PAN-based calculation, so even if one person has multiple places of business, all must be considered and summed to arrive at the aggregate turnover.
Even if your business doesn’t meet the turnover criteria, you can opt for voluntary registration under GST. Many small businesses do this for several reasons:
Enhances business credibility
Helps in dealing with B2B clients
Enables Input Tax Credit claims
At Fintaxwale, we help you evaluate whether voluntary registration would benefit your business.
At Fintaxwale, we make GST registration quick and hassle-free with our expert support. Here’s how it works:
Fill our simple registration form and make payment.
Our expert will call you to collect the required documents.
We apply online and track the process for you.
Get your GST certificate delivered to your inbox.
That’s it! No long queues or confusing paperwork.
PAN Card (mandatory)
Aadhar Card / Voter ID / Driving License / Passport
Electricity Bill / Property Tax Receipt / Rent Agreement
Canceled cheque / Bank statement / First page of passbook
Partnership deed, Certificate of Incorporation, etc.
Don’t worry – we’ll guide you at every step to ensure all your documents are complete and correct!
At Fintaxwale, we believe in seamless tax solutions. From first-time entrepreneurs to growing SMEs, we’re here to simplify compliance, save your time, and help your business grow the smart way.
Let us help you turn your idea into a legally recognized business.
10:00 Am - 06:00 Pm
Info@Fintaxwale.com
+91-9560382622, +91-9220545450
349, 3rd Floor, Vardhman Premium Mall, Deepali, Pitampura, Delhi - 110034
