What is GST and Why is It Important?
The Goods and Services Tax (GST) is a unified indirect tax system in India, replacing multiple taxes such as excise duty, service tax, Value Added Tax (VAT), and Central Sales Tax (CST). GST applies to every stage of the supply chain – from production to final sale – ensuring transparency and seamless tax compliance.
If your business turnover exceeds the prescribed threshold, completing GST registration in Trichy, Tamil Nadu is mandatory. For businesses and individuals, GST ensures legal recognition, easier compliance, and the ability to claim input tax credits (ITC) under the CGST Act, 2017. To understand how this major tax reform reshaped India’s economy, explore our detailed guide on the GST Revolution.
An overview of GST registration in Trichy
The GST registration process in Trichy varies depending on the type of business and turnover.
- Composition Scheme: Businesses with an annual income below ₹1.5 crore can opt for this scheme, paying tax at a reduced rate with simplified GSTR-4 return filing.
- Ease for Small Businesses: With online GST registration and expert support from GST consultants in Trichy, small enterprises can focus on growth while staying compliant.
Types of GST Registration in Trichy
Central Goods and Services Tax (CGST)
The Central Government charges this tax on the supplies of goods and services within the territory of the particular state. CGST is applied on such transactions which are undertaken solely within the borders of one state.
State Goods and Services Tax (SGST)
SGST is imposed by state governments on goods and services supplied under their jurisdiction. Just like CGST, SGST can only be imposed on transactions carried out in a particular state.
Integrated Goods and Services Tax
Central government imposes this tax on inter-state sales or exchanges between a state and union territory. Furthermore, IGST comes into play when products or services cross both inter-state borders as well as those between union territories.
Who Should Register for GST in Trichy?
- Businesses with annual turnover exceeding ₹40 lakhs (₹20 lakhs for special states)
- Service providers with annual revenue exceeding ₹20 lakhs (₹10 lakhs for special states)
- E-commerce sellers (Amazon, Flipkart, etc.) and online service providers
- Inter-state suppliers of goods and services
- Freelancers and consultants operating in taxable services(e.g., IT services, digital marketing)
- Casual taxable persons and non-resident taxable persons (NRTPs)
- Distributors, agents, and businesses operating under the Reverse Charge Mechanism (RCM)
Whether you’re a small startup, freelancer, or e-commerce seller, online GST registration in Trichy through Auditor Shiva ensures quick and hassle-free compliance. For a detailed understanding, check out our GST Registration Trichy – A Must-Read Guide for Businesses.
Benefits of GST Registration in Trichy
- Tax Compliance: Avoid penalties under Sections 122 & 125 of the GST Act and ensure smooth business operations.
- Input Tax Credit (ITC): Claim credits on GST paid for purchases and services via GSTR-3B.
- Simplified Return Filing: Easy online GST return filing and compliance support.
- Inter-State Trade: Free movement of goods and services across states under the E-Way Bill System.
- Business Credibility: Enhances market reputation and eligibility for government tenders.
- Better Cash Flow & Credit Rating: Improves liquidity and business credibility with financial institutions like SBI, ICICI, and NBFCs.
GST REGISTRATION Certificate
Once an entity complete GST registration in Trichy, they are given a legitimate document by the Indian government known as GST Registration Certificate.
In the certificate there are major features such as business name, right addresses and Goods and Services Tax Identification Number (GSTIN) that shows correct registration of the entity in GST.
To make it easier for organizations to apply for GST online, Auditor Shiva is available.
- Tax Credit claims – Such a document allows firms to legally make claims for deductions on taxes under the Input Tax Credit mechanism.
- Loan Applications – Organizations might find themselves asked to submit their GST certificates when applying for loans in banks like HDFC Bank, Axis Bank, etc.
- Government Tenders – Act as evidence of tax compliance in order to be eligible and participate in official government tenders on portals like GeM (Government e-Marketplace).
- Market Reputation – The certificate establishes a business’ compliance with Indian tax laws and enhances its position on the market.
What is GSTIN Number?
After successful GST registration, businesses receive a unique 15-digit GSTIN (Goods and Services Tax Identification Number).
Example: 22AAAAA0000A1Z5 – where the state code, PAN, and entity code are embedded. GSTIN is essential for GST compliance, invoice generation, and tax credit claims.
Voluntary GST Registration in Trichy
Even if your turnover is below the mandatory threshold, you can opt for voluntary GST registration nder Section 25(3) of the CGST Act. This offers benefits like:
- Selling through e-commerce platforms(as per Section 24)
- Interstate trade opportunities
- Input tax credit eligibility
- Improved business credibility compared to non-GST registered entities
Documents Required for GST Registration in trichy
For Sole proprietor / Individual
- PAN card of the owner
- Aadhar card of the owner
- Photograph of the owner (in JPEG format, maximum size 100 KB)
- Bank account details
- Address proof
For Hindu Undivided Family (HUF)
- PAN card of HUF
- PAN card and Aadhar card of Karta
- Photograph of the owner (in JPEG format, maximum size 100 KB)
- Bank account details
- Address proof of principal place of business
For Limited Liability Partnership (LLP) and Partnership Firms
- PAN card of all partners (including managing partner and authorized signatory)
- Copy of partnership deed
- Photograph of all partners and authorized signatories (in JPEG format, maximum size 100 KB)
- Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.)
- Aadhar card of authorized signatory
- Proof of appointment of authorized signatory
- In the case of LLP, registration certificate / Board resolution of LLP
- Bank account details
- Address proof of principal place of business
For Company (Public and Private) - Indian and Foreign
- PAN card of the Company
- Certificate of incorporation given by Ministry of Corporate Affairs
- Memorandum of Association / Articles of Association
- PAN card and Aadhar card of authorized signatory. The authorized signatory must be an Indian, even in case of foreign companies/branch registration
- PAN card and address proof of all directors of the Company
- Photograph of all directors and authorized signatory (in JPEG format, maximum size 100 KB)
- Board resolution appointing authorized signatory / Any other proof of appointment of authorized signatory (in JPEG format / PDF format, maximum size 100 KB)
- Bank account details
- Address proof of principal place of business
Penalty for Not Registering for GST
- Unintentional Default: 10% of unpaid tax amount (minimum ₹10,000) under Section 122
- Intentional Tax Evasion: 100% of the unpaid tax amount under Section 132
Quick & Easy Online GST Registration with Auditor Shiva!
Auditor Shiva – one of the best GST practitioners in Trichy – provides quick and seamless GST registration services in Trichy.
- End-to-end document verification and filing support
- Online GST portal login and registration
- Assistance with GST return filing process(GSTR-1, 3B, CMP-08, etc.) and compliance
With our team of GST experts in Trichy, Tamil Nadu, you can obtain your GSTIN within 3-7 working days, all online, without visiting any office.
GST Return Filing
A taxpayer is required to give the government all information concerning sales, purchases, and any taxes received by or from them to qualify for a return under GST.
After they complete GST registration in Trichy, taxpayers need to file these forms periodically, even if there are no sales or such purchases in that particular period in India. The GST Council periodically updates rules and deadlines, so staying informed is crucial for smooth compliance.
Although GST registration is free, ensure that it is done perfectly without any violations so as not to attract penalties.
GST Registration in Trichy FAQs
Auditor Shiva is a reliable option for GST registration in Trichy, offering efficient and professional assistance for businesses seeking to comply with GST regulations.
GST registration is the process of enrolling under the Goods and Services Tax system, making your business legally eligible to collect GST and claim input tax credit. It is mandatory for businesses exceeding the turnover threshold or operating in interstate commerce.
The GST number for Trichy starts with ’33’ and is followed by a unique 13-digit alphanumeric code assigned to registered taxpayers upon successful GST registration in the state.
The threshold limit for Trichy GST registration is ₹40 lakhs for businesses involved in supplying goods and ₹20 lakhs for service providers.
Following the GST registration process in Trichy requires compliance involving filing regular returns like GSTR-1, GSTR-3B, and others as per the schedule prescribed by the GST authorities. Additionally, maintaining accurate records, invoicing correctly, and timely payment of taxes are essential compliance duties.
A penalty of 10% of unpaid tax (minimum ₹10,000) is imposed for unintentional default, while intentional tax evasion can attract a 100% penalty.
HSN stands for Harmonised System of Nomenclature. This is a system of classification of goods all over the world. HSN is a 6 digit uniform code for more than 5000 products and is accepted globally. Developed by World Customs Organisation (WCO) and came into effect from 1988.
Yes, businesses in Trichy can voluntarily cancel their GST registration. To do so, file the application for cancellation on the GST portal, clear all dues, and submit the necessary documents. After verification, the GST authorities will cancel the registration within a specified time.
Small businesses and taxpayers with a turnover of less than Rs.1.5 crore can opt for the composition scheme, which charges them at a nominal rate of 0.5% or 1% for manufacturers, CGST and SGST respectively, but not interstate sellers, e-commerce traders, or service providers.
Yes, a person with multiple business verticals in a state may obtain a separate registration for each business vertical (in each state).
Any individual, business, or entity registered under GST is required to file GST returns. This includes regular taxpayers, composition scheme taxpayers, Input Service Distributors (ISD), Non-Resident Taxable Persons (NRTP), and others who are liable to pay GST.
There are various types of returns under GST, some of the common ones are:
a. GSTR-1: Monthly statement of outward supplies.
b. GSTR-3B: Monthly summary return to declare GST liability and pay taxes.
c. GSTR-4: Quarterly return for composition scheme taxpayers.
d. GSTR-9: Annual return providing a summary of transactions during the financial year.
GST returns serve as a mechanism to report the details of sales, purchases, and taxes paid. Filing GST returns ensures compliance with tax laws, facilitates claiming input tax credit, and enables the government to track taxable transactions, leading to a more transparent and efficient tax system.
GSTR-1 and GSTR-3B are the two primary monthly returns under GST. GSTR-1 is used to report outward supplies, while GSTR-3B is a summary return used to declare the tax liability and make payments.
Generally, GST returns are filed on a monthly basis. However, there are specific returns like GSTR-4 (composition scheme – quarterly basis) and GSTR-9 (annual return) that have different filing periods.
No, GST is not based on profit. It is a consumption-based tax levied on the supply of goods and services.
GST payments are not monthly, but the frequency depends on the business’s turnover. Businesses with a turnover of up to ₹ 1.5 crores must file quarterly GST returns, while those with a turnover of more than ₹ 1.5 crores but less than ₹ 5 crores and businesses with a turnover of more than₹ 5 crores must file monthly returns.
Yes, you can file your own GST returns. The GST portal provides a user-friendly interface for filing GST returns. You can also use a GST return filing software to file your GST returns.
The time limit for GST return rectification is one year from the due date of filing the return.
A tax invoice is a document that is issued by a registered taxpayer to a recipient upon the supply of goods or services. A tax invoice must contain certain mandatory information, such as the GST number of the supplier and recipient, the description of the goods or services supplied, the value of the supply, and the amount of GST charged.
GSTIN stands for Goods and Services Tax Identification Number. It is a unique 15-digit alphanumeric identifier assigned to every registered taxpayer under the Goods and Services Tax (GST) regime in India. GSTIN helps the government and businesses track tax transactions and ensure compliance with GST regulations.
In India, there are three types of GST:
CGST (Central Goods and Services Tax): Collected by the Central Government on intra-state supplies.
SGST (State Goods and Services Tax): Collected by the State Government on intra-state supplies.
IGST (Integrated Goods and Services Tax): Collected by the Central Government on inter-state supplies and imports.
With proper documentation, it usually takes 3-7 working days to receive the GSTIN number.
After cancellation, New GST Registration Process
• Submit a new registration request on GST portal after cancellation.
• Provide necessary information and supporting documentation.
• New GST registration number provided after authorities’ examination and approval.
• Cannot use same PAN and Aadhaar card for fresh registration.
Any business or service provider with turnover exceeding ₹40 lakhs (₹20 lakhs for services), e-commerce sellers, freelancers, and interstate suppliers must register for GST.
You can register through the GST portal or get hassle-free support from Auditor Shiva’s GST consultants in Trichy, who handle document verification, filing, and GSTIN generation.
PAN, Aadhaar, bank details, proof of business address, photographs, and business registration documents like partnership deed or company incorporation certificate are required.
Yes, freelancers providing taxable services and e-commerce sellers must register for GST, even if their turnover is below the general threshold.
Yes, voluntary GST registration is available and offers benefits like interstate trade, input tax credit, and increased market credibility.
GST registration for business ensures legal compliance, allows you to collect tax from customers, claim input tax credits, and expand operations across India as per GST Council guidelines.