GST registration is the process by which businesses are registered under the Goods and Services Tax (GST) law. Once registered, a business is assigned a unique GSTIN (GST Identification Number) and becomes eligible to collect taxes from customers and claim input tax credit on taxes paid for purchases.

GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit number assigned to a business after successful GST registration. It is used for tracking and identifying GST-registered businesses.

GST registration is mandatory for businesses whose turnover exceeds the threshold limit and for businesses involved in interstate supply of goods and services. However, some businesses may opt for voluntary registration even if they fall below the threshold.

Yes, after GST registration, you can apply for changes in details such as business name, address, contact information, or business type through the GST portal.

Yes, a registered person can switch between the regular GST scheme and the GST Composition Scheme (which offers a simpler tax structure for small businesses) depending on the turnover and other eligibility conditions. However, businesses need to follow the prescribed procedure for this change.