About Lesson
Regular: Any dealer whose turn over is more than 75 lakhs has to register as Regular GST dealer
Composition: Dealer whose turnover is more than 20 lakhs but below 75 lakhs can opt for Composition registration type.
Consumer: The user of the product or service who will not re trade it. A Consumer need not to register and don’t have GSTIN
UnRegistered: Business firm whose turn over is below 20 lakhs need not to register. But some organisation don’t register even though has high turnover in order to avoid tax.