Individuals and Businesses Required to Obtain GST Registration:

Businesses exceeding an annual turnover of ₹20 lakh (₹10 lakh for special category states).
Entities previously registered under tax laws like VAT, Excise, or Service Tax.
When a GST-registered business is transferred or demerged, the new entity must register from the effective date.
Anyone engaged in interstate supply of goods.
Casual suppliers without a fixed place of business operating in GST-levied territories.
Non-resident suppliers without a business base in India but supplying within Indian borders.
Agents acting on behalf of taxable suppliers.
Persons liable to pay GST under the reverse charge mechanism.
Input Service Distributors (ISD).
E-commerce platforms and aggregators.
Suppliers using e-commerce platforms to sell goods or services.
Foreign providers offering digital services or data access to unregistered individuals in India.

GST Registration Guidelines Based on Type of Taxable Person

Every individual or entity required to register under GST must apply within 30 days from the date of becoming liable, for each State where the liability arises.
Casual and non-resident taxable persons are required to submit their registration application at least 5 days priorto starting their business operations.
GST registration is linked to the PAN (Permanent Account Number) of the applicant; hence, possessing a PAN is mandatory for registration.
Since GST registration is State-specifica separate registration must be obtained for every State in which the business operates.
Additionally, if a business has multiple verticals within the same State it may choose to apply for individual registrations for each vertical.

GST Compliance

GST has been implemented from 01.07.2017 in India and has issued various notifications, circulars and orders so far to enable the tax payers to interpret and analyze the legal provisions in the GST Act and to comply with the requirements as per the Law.

Review of GST Compliance

With frequent updates, notifications, and evolving provisions under the GST regime since its launch on 01.07.2017, businesses often struggle to keep pace with compliance demands.

Tax Craft Services offers expert support by conducting thorough GST compliance reviews across all core business functions—sales, purchases, marketing, inventory, and finance. Our periodic assessments help identify gaps, reduce risk, and ensure your business aligns with the latest legal requirements under the GST Act.

GST LUT (Letter of Undertaking)

Exporters of goods or services under GST are required to furnish a Letter of Undertaking (LUT) in Form GST RFD-11 through the GST common portal in order to export without paying IGST.

At BCS (Tax Craft Services), we provide expert assistance in obtaining your LUT efficiently, helping you stay compliant and avoid unnecessary tax liabilities. Our team ensures that your application is filed correctly and within the stipulated time, so your export operations continue smoothly without delays or penalties.

GST Refund on Export of Goods and Services

As per the GST framework under Section 54 of the CGST Act, 2017, registered taxpayers may claim a refund of excess tax paid under various circumstances, particularly in export-related activities. Tax Craft Services offers professional assistance in identifying, preparing, and filing accurate refund claims, ensuring you get your dues without delay.

Common scenarios where GST refunds may be claimed:

Export of goods or services (including deemed exports) without payment of IGST.
Accumulated unutilized Input Tax Credit (ITC).
Zero-rated supplies from manufacturing, generation, or production units.
Excess GST payment made due to clerical errors or system glitches.
Refund arising after finalization of provisional assessments.
Refunds for tax payments made by special entities such as UN bodies, CSD canteens, and paramilitary canteens.
Reimbursement of pre-deposit amounts made during appellate proceedings.

The refund mechanism under GST often involves procedural complexity and interpretation challenges. Businesses must ensure their claims align with the latest legal provisions and departmental expectations.

At Tax Craft Services, our team of GST experts offers deep insight into refund eligibility and documentation, drawn from years of experience across various indirect tax laws. We provide tailored advice and end-to-end support to help you file precise and compliant refund applications, maximizing the chances of approval without delay.

GST Advisory Services

At Tax Craft Services, we offer expert advisory solutions under the GST regime tailored to suit a wide range of business needs. Whether you're a startup, a Special Economic Zone (SEZ) unit, or an export-oriented enterprise, our in-depth knowledge ensures clarity and compliance with evolving tax laws.

Our GST advisory services include:

Providing legal opinions on the applicability of GST across various business scenarios.
Guidance on optimal utilization of Input Tax Credit (ITC) to enhance cash flow and reduce tax burden.
Strategic tax planning using available exemptions and concessional rates under GST law.
Customized advisory for SEZ units, EOUs, and exporters on the right procedures and documentation.
Comprehensive review of business contracts to assess GST impact and ensure compliance.
HSN classification support to accurately determine the applicable GST rates on goods and services.
Project-based GST impact analysis to minimize tax incidence and ensure cost-efficiency.
Advisory for startups on structuring business operations to remain GST-compliant from day one.

With Tax Craft Services as your advisory partner, you receive reliable, customized guidance backed by practical experience and a deep understanding of GST law.

GST Services