If you run a business in Bangalore, you need to understand GST – the short form of Goods and Services Tax. It is a single tax you pay when you sell goods or provide services. GST registration in Bangalore is compulsory for businesses with an annual turnover exceeding ₹40 lakhs for goods and ₹20 lakhs for services. GST registration is also mandatory for businesses engaged in inter-state supply, e-commerce sellers, agents, brokers, and commission agents.
Registering for GST in Bangalore is completely online. You don’t have to visit any office. You will need some basic documents, such as your PAN card, Aadhaar card, proof of your business, and your bank account details. Once you complete registration, you will get a GST number for your business. This number allows you to collect GST from your customers legally and also claim back the GST you pay on your purchases.