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Can I do business without GST?

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Can I do business without GST?
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  1. As per the GST Act, under supply of goods if your aggregate turnover is above Rs 40 lakhs, then you need to register under GST i.e, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 20 lakhs for special category states) is required to register as a normal taxable person. Under supply of services, businesses whose turnover exceeds Rs. 20 lakhs* (Rs 10 lakhs for special category states) is required to register as a normal taxable person. The process of registration is called GST registration. However, for certain businesses, registration under GST is mandatory.

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