Who needs to register for GST?
1. Under GST registration, businessmen who have a turnover of more than 20 lakhs in a financial year on services or products, and business turnover is up to 10 lakhs in the states falling under the special category.
2. States falling under the special category are Himachal Pradesh, Sikkim, Meghalaya, Manipur, Arunachal Pradesh, Nagaland, Assam, etc.
3. Apart from this, such areas where the borders of the neighbouring country are situated, hilly areas or under less population and basic structure are backward.
4. Such new businesses as well have the potential to start a business with a turnover of 20 lakhs. It is essential for them also to do GST registration.