May 31, 2025
Goods and Services Tax (GST) has been one of the most transformative tax reforms in India’s history. Introduced on July 1, 2017, GST aimed to unify the complex web of indirect taxes into a single, transparent, and streamlined system. While GST simplifies taxation in the long term, the initial registration and ongoing compliance requirements can be daunting for many businesses — especially startups and MSMEs.
As Chartered Accountants, we’ve worked with hundreds of businesses, helping them navigate the nuances of GST with confidence. In this blog, we’ll walk you through everything you need to know about GST registration and compliance support, demystify the process, and explain how professional assistance can save your business time, money, and legal trouble.
What is GST Registration?
GST registration is a legal obligation for businesses whose aggregate turnover exceeds the prescribed threshold limits. Upon registration, businesses receive a GSTIN (Goods and Services Tax Identification Number), which is essential for collecting GST from customers, availing input tax credit (ITC), and filing returns.
Threshold Limits for GST Registration (as of 2025)
Type of Supply | Threshold Limit (Normal Category States) |
Goods | ₹40 Lakhs |
Services | ₹20 Lakhs |
Special Category States | ₹10 Lakhs |
Note: Voluntary registration is also allowed below these thresholds.
Why Is GST Registration Important?
Legal Recognition of your business under GST law
Authorization to Collect GST and pass on tax benefits to customers
Eligibility for Input Tax Credit, reducing your overall tax liability
Improved Business Credibility with clients, vendors, and banks
Mandatory for E-commerce Sellers, exporters, and interstate suppliers
Documents Required for GST Registration
PAN of the business or applicant
Aadhaar card
Proof of business registration (Partnership Deed / Certificate of Incorporation)
Address proof of business (Electricity bill / Rent agreement)
Bank account statement or canceled cheque
Digital Signature Certificate (for companies and LLPs)
Photographs of owners/partners/directors
Step-by-Step GST Registration Process
Login to GST Portal (https://www.gst.gov.in)
Fill Part A of the registration form (basic details)
Receive OTP and TRN (Temporary Reference Number)
Fill Part B with business and document details
Upload Required Documents
Application Verification by GST Officer
GSTIN Issued, along with login credentials
Timeline: GST registration typically takes 3–7 working days, depending on documentation and departmental response.
Post-Registration Compliance Obligations
Once registered, a business is legally bound to fulfill several compliance duties under GST:
1. Monthly/Quarterly Return Filing
GSTR-1 (Outward supplies)
GSTR-3B (Summary return)
GSTR-9 (Annual return)
Optional: GSTR-4 (For composition dealers), GSTR-7/8 (TDS/TCS), etc.
2. Payment of GST Liabilities
By the 20th of the following month (for regular taxpayers)
Includes IGST, CGST, SGST based on transaction type
3. Reconciliation of ITC
Matching purchase invoices with GSTR-2B
Rectifying mismatches to avoid ITC denial and penalties
4. Responding to Notices
GST officers may issue Notices (SCNs) for non-compliance, mismatches, late filing, etc.
Timely response and documentation are crucial
Common GST Compliance Challenges
Despite its streamlined vision, many businesses struggle with:
Complex input tax credit reconciliation
E-invoicing mandates for larger businesses
Lack of timely filing, leading to late fees & interest
Handling notices without professional support
Inadequate awareness of regulatory updates
How Startup2MNC Helps
At Startup2MNC, we offer end-to-end GST support services to ensure your business stays compliant, avoids penalties, and focuses on growth:
Seamless GST Registration – Done in 3–5 days with minimal hassle
Automated Return Filing – Monthly, quarterly, and annual returns
Real-Time ITC Tracking & Matching
Expert Notice Handling & Legal Representation
Dedicated Chartered Accountant Support
Custom Compliance Plans for different business sizes and models
Final Thoughts
GST compliance is not just a legal formality — it's a strategic necessity. Whether you're registering for GST for the first time or struggling with complex filings, having the right partner makes all the difference.
As Chartered Accountants, our job is to simplify the complex — and at Startup2MNC, that’s exactly what we do. Let us handle your GST, so you can focus on running your business.
Ready to Get GST Compliant?
Book a Free Consultation Today
Trusted by 15,000+ Businesses | 100% Confidential | CA-Backed Support