Is GST Registration Compulsory for New Businesses? | Sarvam Professionals

Starting a new business and unsure whether GST registration is mandatory?
This video explains it in the simplest way possible.

We cover the turnover criteria for GST registration for both service providers and goods suppliers. You'll learn exactly when your business is required to register under the Goods and Services Tax (GST) based on income thresholds.

Also, there are 10 compulsory scenarios where GST registration is mandatory regardless of your turnover. These include:
Inter-state taxable supply
Casual taxable persons
Reverse charge mechanism (RCM)
E-commerce operators
Non-resident taxable persons
TDS deductors
Agents supplying on behalf of others
Input service distributors
Online information suppliers from outside India
Online gaming businesses

If you fall into any of these categories, GST registration is required by law.

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Видео Is GST Registration Compulsory for New Businesses? | Sarvam Professionals канала Sarvam Professionals