Who is eligible for GST registration?
Welcome to FilingPoint Blog +91 7299972500 for clarify GST doubts online in Chennai Who is eligible for GST registration? A business needs a GST registration if it supplies goods and services within the state. If a business produces more than a certain threshold, it must register. The threshold amounts vary by state. The threshold for North-Eastern states and hilly states is Rs 10 lakhs and Rs 75 lakhs, respectively. The threshold for other states is Rs 1.5 million. In some states, the threshold is lower. The minimum turnover required for registration depends on the type of business. There are several ways to claim ITCs . The traditional method involves showing the number of taxable purchases . This method is only available to registrants who have less than $1 million in annual worldwide revenue in their previous tax year. However, if you are unsure whether you qualify, Filingpoint is Qualified GST Registration Consultants in Chennai. Tempor...