GST is an Indirect Tax, which is collected from the buyer or receiver of goods and services and deposited with the government. GST (Goods & Service Tax) registration is mandatory for suppliers of goods and services with turnover exceeding Rs 20 lakh, In the case of supplier of exclusively goods within the state, the turnover limit is Rs 40 lakh. Voluntary registration can be obtained even before achieving the turnover limit for mandatory registration. Once registration is obtained it is mandatory to charge GST irrespective of the turnover. In the case of a private limited company, GST Registration is granted along with company registration itself.