AATO

Compulsory GST Registration on the basis of State & Turnover of Business

GST Registration on basis of State & Turnover

GST being a tax on the event of “supply”, every supplier needs to get registered. However, businesses having Annual Aggregate Turnover (AATO) of more than the prescribed limit as per their business in the relevant State are required to obtain GST Registration.

QRMP SCHEME

Quarterly Return Monthly Payment Scheme under GST

In order to provide relief to small scale businesses of GST registered taxpayers, the Central Board of Indirect Taxes and Customs has published Quarterly Monthly Payment (QRMP) Scheme. It can be availed by taxpayers having an aggregate turnover of up to Rs. 5 crores.