GSTIN or Goods and Service Tax Identification number is a 15 digit number which is assigned to the applicant or businesses when it is successfully registered under GST.
ARN or Application Reference Number is generated once the submission of the application is successful to the official GST servers.
Yes, in case any business operates in more than one state, then more than one GST Registration is required.
There will be only one GST registration in one particular State for all business activities. But, there is the option to be registered as a separate entity vertical.
Yes, even if your annual turnover does not exceed the threshold limit (40/20 lakhs), you can voluntarily register for GST. Registering for GST not only helps you get your business recognised as a legal registrant, but it also allows you to take advantage of a variety of benefits, such as the ability to raise GST invoices, take advantage of input tax credits, and much more.
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