GST Number Search

Searching for a GST number is crucial for verifying the authenticity of a business and confirming adherence to GST regulations. Conducting a GST number search and verification enables you to promptly obtain essential information about registered taxpayers, such as their official names, operational addresses, GSTIN status, and other relevant details. In this article, we will delve into GST Number Search. IndiaFilings offers all users a complimentary GST search and verification service through LEDGERS. [shortcode_58]

What is GST Registration?

GST Registration is a mandatory process for businesses in India that must comply with the Goods and Services Tax (GST) regime. It involves obtaining a unique identification number known as GSTIN (Goods and Services Tax Identification Number). By obtaining GST registration, businesses become eligible to collect and pay GST, claim input tax credits, and participate in inter-state trade. It is a critical step in ensuring compliance with the GST laws and being a part of the formal economy.

Who Should Register for GST?

GST registration is a mandatory requirement for businesses involved in the supply of goods, and the threshold for registration varies based on specific criteria. Here are the key points:

The threshold for Goods Suppliers

Businesses that supply goods with an annual turnover exceeding INR 40 lakh must register as regular taxable entities. However, in specific regions such as the northeastern states, Jammu and Kashmir, Himachal Pradesh, and Uttarakhand, the threshold limit is lower at INR 10 lakh.

Threshold for Service Providers

Service providers must register if their annual turnover exceeds INR 20 lakh. In special category states, the threshold is reduced to INR 10 lakh. In addition to turnover-based criteria, certain businesses must register for GST regardless of turnover. These businesses include:

Casual Taxable Persons
Input Service Distributors (ISD)
Non-Resident Taxable Persons
Inter-State Suppliers of Goods and Services
Suppliers of Goods through E-commerce Portals
All Service Providers
Entities Liable to Pay Tax under the Reverse Charge Mechanism
TDS/TCS Deductors
Online Data Access or Retrieval Service Providers

GST registration is essential for compliance with tax regulations, and businesses falling into these categories must ensure they are registered as per the Goods and Services Tax requirements to avoid penalties and legal complications.

What is GSTIN?

GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit identification number issued to businesses registered under GST. It plays a crucial role in identifying and verifying registered taxpayers. The Goods and Services Tax Identification Number (GSTIN) in India is structured as follows: