The Goods and Services Tax (GST) has streamlined the tax system in India, establishing a unified framework that has enhanced business efficiency. GST registration in Odisha has enabled the integration of thousands of small businesses into this uniform tax system, thereby reducing the complexity of taxation. Subsuming a variety of taxes under a single system, the implementation of GST in Odisha has simplified tax compliance.

Who is Required to Get GST Registration?

If a business in Odisha meets certain requirements, it must get GST registration. Here’s a full breakdown:

• Aggregate Turnover:
• Service Providers: If a service provider makes more than 20 lakh a year, they need to get GST registration in Odisha.
• Goods Suppliers: Any business that supplies goods and has yearly sales more than Rs. 40 lakh needs to register for GST.
• Interstate Business: If a company sells goods or provides services to other states, it must register for GST. For instance, if a company in Odisha does business with other states, it needs to register for GST using the Odisha GST Code, which represents the state.
• E-commerce Platform: E-commerce platform providers are required to register for GST Odisha, regardless of their sales. You must complete GST registration before starting any e-commerce business.
• Casual Taxable Person: Individuals who temporarily provide goods or services, such as through a seasonal stall or shop, are also required to register for GST in Odisha.
• Voluntary Registration: A voluntary GST registration is an option for businesses, regardless of whether their turnover falls below the mandatory threshold. Businesses can terminate their voluntary GST registrations at any time.

Key Requirements for GST Registration in Odisha

You need to meet certain documents and criteria to apply for GST registration in Odisha. Here are the essentials:

• PAN Card: A PAN Card is a requirement for all businesses that are applying for GST registration in Odisha, regardless of whether they are individuals, proprietorships, LLPs, or companies. If you do not possess a PAN card in Odisha, you must register for one prior to completing the GST registration process.
• Odisha GST State Code: This is the Odisha GST state code: ’21’. The GSTIN number of Odisha includes this code, which serves to identify the business location during GST registration.
• Odisha GST Number: Upon successful registration, businesses receive a unique Odisha GST number or GSTIN (Goods and Services Tax Identification Number). In order to complete GST-related transactions and file returns, this number is necessary.
• Odisha GST Code: The Odisha GST code, which is also called the Orissa GST code, is very important for companies to make sure they are taxed correctly and follow all national and state tax regulations.

Steps for GST Registration in Odisha

1. Go to the GST portal and use your credentials to log in.
2. Enter information about your business, such as your PAN card number, and choose the right Orissa state code (21).
3. Upload the required documents, including proof of business ownership and address.
4. Submit the form and wait for verification.
5. You will get your unique GST number Odisha once approved.

Summary

The implementation of GST in Odisha, which replaced several outdated tax systems with a single, unified tax structure, has greatly streamlined businesses’ tax compliance. For efficient legal business operations, acquiring GST registration in Odisha is essential, regardless of your status as a small business owner, e-commerce seller, or casual taxable person.