Ch 3 · GST — Registration, Returns & Refunds

5 concept points · 3 formulas · 4 exam-critical points.

📘 Core concepts

• 1Registration thresholds: ₹40L goods, ₹20L services (₹10L special category).
• 2Compulsory registration (Sec 24): inter-state, RCM, e-commerce, casual taxable person, etc.
• 3Returns: GSTR-1 (outward), GSTR-3B (summary), GSTR-9 (annual), GSTR-9C (reconciliation).
• 4Refund situations: zero-rated, inverted duty structure, excess balance, deemed export.
• 5QRMP scheme: quarterly returns for turnover ≤ ₹5 cr with monthly tax payment.