<h1>Joint Committee Finalizes Report on Streamlining GST Registration Process, Highlights Mandatory and Voluntary Registration Rules.</h1> A Joint Committee was established to review GST registration processes, focusing on the IGST model. The committee held several meetings and finalized a report outlining the registration process, which includes obtaining a unique identification code for businesses. Registration is mandatory for businesses exceeding a certain turnover threshold and for those engaging in inter-state supply. The report also discusses voluntary registration, the Compounding scheme, and the process for obtaining a Goods and Services Taxpayer Identification Number (GSTIN). It emphasizes the importance of compliance and outlines procedures for registration, amendments, and cancellation. The report aims to streamline GST processes and ensure compliance across states.