new registration under GST

[SHARMA NARAYAN]

can i take new registration in GST

my turnover is Between 5 to 6 lakh propritor ship business of printing and stationery

i dont have sales tax and vat registration

Pls guide me sirs,

the company is asking GSTN No from me

if i dont submit the no they will not do business with me because if they do business with the tax liability is to paid by them as per rule of RCM for avoiding the Tax liability they forse me to do registraion

Pls guide me

AI Summary

Voluntary GST registration allows businesses below threshold to register and become subject to full GST compliance and input credit rules.
Voluntary registration under GST allows persons below the turnover threshold to register; once registered they are bound by all obligations applicable to registered persons. Voluntary registrants may claim input tax credit for inputs in stock and inputs in finished or semi finished goods where supplier invoices are available and not older than one year; credit for capital goods is stated as not allowable. Section 25(3) authorizes voluntary registration and the discussion notes buyer pressure linked to reverse charge considerations.