Goods and Services Tax (GST) Consultant in Delhi – Registration, Returns & Complete Compliance

GST is a comprehensive indirect tax that has subsumed multiple indirect taxes like excise duty, VAT, service tax, etc. It follows the principle of destination-based consumption taxation, ensuring that tax revenue goes to the consuming state. GST also provides input tax credit (ITC) benefits, allowing businesses to claim credit for taxes paid on inputs.

CGST (Central GST) is levied by the Central Government on intra-state supply of goods and services.

SGST (State GST) is levied by the State Government on intra-state supply of goods and services.

IGST (Integrated GST) is levied by the Central Government on inter-state supply of goods and services. For inter-state transactions, IGST is collected and then divided between Central and State governments.

Businesses with turnover exceeding ₹40 lakhs (goods) or ₹20 lakhs (services) must register. Mandatory registration applies to e-commerce sellers, inter-state traders, casual taxable persons, and those supplying through e-commerce platforms, regardless of turnover.

Mandatory Registration: Required for businesses crossing threshold limits, e-commerce operators, casual taxable persons, non-resident taxable persons, and those supplying inter-state goods/services.

Voluntary Registration: Even below threshold limits, businesses can opt for voluntary registration to avail input tax credit benefits, enhance business credibility, and operate seamlessly across state boundaries.