GST Registration & Filing

GST registration is mandatory for businesses exceeding a certain turnover threshold in India. It involves obtaining a GSTIN (Goods and Services Tax Identification Number) to collect and remit GST. Filing under GST involves submitting tax returns, including GSTR-1 (sales), GSTR-3B (monthly summary), and GSTR-9 (annual return), among others. Timely filing is essential to avoid penalties, and businesses must maintain accurate records of transactions, input tax credits, and sales for compliance with GST regulations in the Indian market.