GST (Goods and Services Tax) Registration

mercurius teammercurius team
5 min read

Are you also running your own startup, or are you a businessman, or maybe a future entrepreneur in India? One thing you can’t ignore is your GST registration. GST is the biggest tax reform in India.

GST Registration is one of the most important steps to ensure legal compliance and smooth operations in India. It has been introduced to bring uniformity in the tax structure. The Goods and Services Tax (GST) has replaced multiple indirect taxes and simplified the taxation system. But to enjoy its benefits and avoid penalties, timely GST registration is essential.

Under the new GST regime, all entities involved in buying or selling goods, providing services, or both are required to obtain GST registration.

What is GST registration?

GST registration is a mandatory process by the Government of India, through which businesses are enrolled and required to file GST as per their applicability under Indian tax laws.

Why is it so important for businesses in India?

Registering for GST with government authorities offers several benefits. It not only protects you from penalties but also provides additional advantages that can support and grow your business.

Here are a few points that show the importance of GST registration in your business-

1. Mandatory legal compliance

GST registration is mandatory for businesses with an aggregate turnover exceeding Rs 40 lakhs for goods, Rs 20 lakhs for services, and Rs 10 lakhs in special category states.

2. Business expansion

Having proper business registration is essential for expanding through e-commerce. It allows sellers to operate across India and even internationally on platforms like Amazon and Flipkart. For e-commerce businesses, this step is not just beneficial — it's mandatory to begin selling online.

3. Professional Image

GST registration builds credibility and trust among customers, suppliers, and financial institutions. People feel more comfortable while buying an item from someone who has proper GST-compliant invoices, as it reflects transparency, professionalism, and adherence to tax laws. It also opens doors to better business opportunities, partnerships, and easier access to credit or funding.

4. Input Tax Credit

Registered businesses can claim credit on GST paid on purchases, which reduces their overall tax liability.

5. Participation in Tenders

Most government and big corporate tenders require GST registration as part of the eligibility criteria.

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GST registration is not just a legal requirement- it is a strategic step that can unlock growth, financial benefits, and operational efficiency for your business. It acts as a gateway to operate seamlessly in the formal economy and build a reputable presence for your business.

Who needs to register for GST?

  • Businesses with turnover above the thresholds

  • Interstate suppliers of goods and services

  • E-commerce sellers and operators

  • Input Service Distributors (ISDs)

  • Businesses under the reverse charge mechanism

  • Agents of a supplier

Registration Process

GST registration is obtained through the official government portal. One must apply for GST registration in Form REG-01 on the GST portal.

After the registration process is complete, all your documents are approved by the government (which is an important part; this approval takes time), then you will receive a GSTIN.

At Mercurius, our experts simplify your GST registration journey and handle all compliance matters from start to finish.

Mercurius professionals provide comprehensive end-to-end support for GST registration, ensuring a quick, compliant, and hassle-free process.

What if you fail to register for GST?

If you are liable to register under GST and fail to do so, the government may impose penalties. These penalties apply when GST registration is mandatory under the law but is not obtained in time. Below are the penalties you may face in such cases:

  • 10% of the tax due or ₹10,000, whichever is higher

  • 100% of the tax due if the offense involves intentional tax evasion

Document Required for GST Registration

The following documents are required for each category when registering for GST.

For Individual:

  • PAN card

  • ID proof and address proof of the Individual

  • Photo (JPG–100 KB)

  • Bank Details

  • Registered Office Documents

Additionally, in the case of rented premises, a Rent Agreement will also be required

For One Person Company/ Private Limited Company/ Public Company:

  • Company PAN Card

  • Memorandum of Association (MOA) /Articles of Association (AOA)

  • Registration Certificate/ Incorporation Certificate of the company

  • Bank Details

  • A copy of the resolution passed by the BOD / Managing Committee

  • Registered Office Documents

  • Director Related Documents

  • Proof of Authorized Signatory

  • DIN No of Partners & Digital Signature

For Partnership & Limited Liability Partnership (LLP)

  • Partnership / LLP PAN Card (as the case may be)

  • Partnership Deed/ LLP Agreement

  • DIN No of Partners & Digital Signature (in case of LLP)

  • Bank Details

  • Registered Office Documents

  • Partner’s related Documents

  • Proof of Authorized Signatory

Time Taken for GST Registration

Typically, it takes 3–7 working days to obtain your GSTIN, provided all documents are valid and submitted correctly, and also there should be no discrepancies or clarifications required by the GST officer and the application is not flagged for additional verification.

Conclusion

At Mercurius, we simplify the GST registration process for you. Our team of experienced professionals ensures: quick documentation and submission, error-free registration, timely updates and support, end-to-end GST compliance — from registration to monthly filings. We also assist our clients through GST audit support.

If you require assistance with GST registration for your business, you can consult our professionals at no cost by booking a complimentary consultation.

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