Penalties for Non-Compliance

While there are no GST registration fees, penalties for non-compliance can be significant. Below are the penalties for failing to comply with GST regulations:

Consequences of Not Registering for GST

The Goods and Service Tax Act of 2017 states that failure to obtain GST registration in India carries a direct penalty. Even late registrations may attract penalties:

Advantages for Businesses with GST Registration

GST registration offers numerous advantages, establishing legitimacy and ensuring compliance with tax regulations:

Common Mistakes to Avoid During GST Registration

Avoid these common mistakes to ensure smooth GST registration and compliance:

Different Categories Which Require GST Registration

Below are the categories required to register for GST:

Latest Update: 4 September, 2025

The Government has reduced GST on commonly used items. Effective from 22 September 2025, a new two-slab structure (5% and 18%) will be implemented to ease the tax burden and boost economic activity.

Item Details GST Rate Change
Hair oil, soaps, shampoos, kitchenware, bicycles, packaged food products Reduced to 5%
Ultra-pasteurized milk, paneer, Indian breads Reduced to 0% (nil GST)
Small cars, motorcycles (up to 350cc), three-wheelers, buses Reduced from 28% to 18%
TVs, dishwashers Reduced from 28% to 18%
All automotive parts Uniform 18% rate
33 life-saving drugs, select cancer medicines Reduced to 0% (nil GST)
Several other medicines Reduced to 5%
Individual life and health insurance policies (including family floater & senior citizen plans) Exempted from GST

Get GST Registration Online with Quick Approval

Follow these simple steps to register GST online with Vakilsearch:

GST Return Filing

GST return filing is a mandatory process where taxpayers report sales, purchases, and tax liabilities to the government. Every GST-registered taxpayer must file returns regularly, even if there are no transactions. Timely filing helps avoid penalties. Our experts assist in accurate filing for seamless compliance.