GST Registration in Chennai, GST Registration in Chennai Valasaravakkam, Chennai, India. The new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities
without GST registration would not be allowed to collect GST from a customer or claim an input tax credit of GST paid
and/or could be penalised. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of
starts a new business that is expected to cross the prescribed turnover.
Any person or entity irrespective of business turnover can obtain GST registration at any-time. Hence, GST registration is obtained by many businesses in spite of not reaching the aggregate turnover limit. Some of the main reasons for obtaining voluntary GST registration are:
To improve the business credibility,
To satisfy the requirements of B2B customers,
To claim input tax credit benefits.