Who has to File GST?

Goods and Services Tax (GST) is a comprehensive indirect tax that has replaced various indirect taxes like excise duty, VAT, and service tax. It is a destination-based tax that is levied on the supply of goods and services. GST is applicable to all businesses and individuals involved in the supply of goods and services, and it is mandatory to file GST returns for those who fall under its purview.

So, who has to file GST? Let's take a look.

Businesses with a turnover of over Rs. 20 lakhs are required to register for GST. For businesses operating in the northeastern states of India, the threshold limit is Rs. 10 lakhs. Additionally, businesses that supply goods and services through e-commerce platforms are also required to register for GST, regardless of their turnover.

Apart from this, there are certain other categories of businesses that are required to register for GST, irrespective of their turnover. These include:

1. Non-resident taxable persons: Businesses that are not based in India but supply goods and services to Indian customers are required to register for GST.
2. Input service distributors: Businesses that distribute input tax credits to other units of the organization are required to register for GST.
3. Casual taxable persons: Individuals or businesses that supply goods and services on an occasional basis are required to register for GST.
4. Persons who are required to pay tax under the reverse charge mechanism: Individuals or businesses that are required to pay tax under the reverse charge mechanism are required to register for GST.

In conclusion, GST is applicable to all businesses and individuals involved in the supply of goods and services. Those who have a turnover of over Rs. 20 lakhs or are engaged in certain specific activities are required to register for GST and file GST returns regularly. Non-compliance with GST regulations can result in penalties and legal action, so it's important to ensure that you are GST-compliant if you fall under its purview.