A. Legal Requirement
If your business crosses the turnover threshold mandated by the government, GST registration is compulsory. Running an unregistered business when you are legally required to register can lead to heavy penalties.
B. Helps Build Credibility
Customers, vendors, suppliers, and government bodies often check GSTIN to verify whether a business is genuine. Registered businesses appear more trustworthy.
C. Enables Input Tax Credit (ITC)
Registered businesses can claim the GST they pay on purchases. This reduces overall tax liability and improves profitability.
D. Required for Online Selling
If you want to sell products or services on Amazon, Flipkart, Meesho, or any e-commerce platform, GST registration is mandatory—even if your turnover is below the threshold.
E. Required for Interstate Business
If you supply goods or services outside Maharashtra, GST registration is essential for seamless movement of goods and legal compliance.
F. Opens Door to Government Contracts
Many government tenders and contracts require bidders to have a valid GSTIN.