registration under gst

This query is : Resolved

Manoj (Querist)
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29 August 2017 A person carrying fancy store from last 10 years And his business aggregate turnover is Rs. 20lack to 22lack. He wants registration under gst in composition scheme and he is not filling any itr. What is tha process for registration under gst for on going business.

Amit Goel

Amit Goel (Expert)
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29 August 2017 For GST registration visit : www.gst.gov.in and fill the form.
You should file the ITR of assessee as GSTIN is PAN based, otherwise will face problem in INCOME TAX

Manoj

Manoj (Querist)
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04 September 2017 Thanx But in gst composition scheme or gst regular scheme

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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20 July 2025 Composition Scheme:
Eligible if turnover is up to ₹1.5 crore (in most states).
Pay tax at a fixed rate on turnover (much lower compliance).
Cannot collect GST from customers (so cannot issue tax invoices).
Cannot claim input tax credit.
Ideal for small traders and businesses.
Regular Scheme:
For turnover exceeding composition limit or businesses wanting to claim input tax credit.
More compliance but can charge GST and claim ITC.
Since turnover is ₹20-22 lakhs, composition scheme is available and beneficial if the client wants less compliance and does not want to claim ITC.

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