An Essential Guide for Smooth Business Operations
Goa, a vibrant hub for weddings, festivals, and corporate retreats, has seen a surge in event management companies. Whether you’re organizing beachside weddings or MICE events (Meetings, Incentives, Conferences, and Exhibitions), GST registration is a must for operating legally and professionally.
Goods and Services Tax (GST) is a unified indirect tax levied on the supply of goods and services in India. Under GST, businesses are required to register and collect tax on behalf of the government.
✅ High Demand for Events: Goa hosts destination weddings, music festivals, and corporate events year-round.
✅ Cross-State Services: If your clients are from other states or countries, GST compliance is mandatory.
✅ Input Tax Credit: Claim credit on purchases like equipment, decor, or subcontractor services.
✅ Business Credibility: Clients prefer working with GST-registered vendors.
You must register under GST if:
💰 Turnover exceeds ₹20 lakh (₹10 lakh in special category states, but Goa follows ₹20 lakh)
🌍 You’re providing interstate services
📦 You use e-commerce platforms to sell services
🤝 You deal with corporate or government clients
📄 Here’s a checklist of documents needed for GST registration:
🆔 PAN card of business/owner
🏠 Address proof of business premises
📸 Photograph of the proprietor/partners
📞 Mobile number & email ID
📑 Business incorporation certificate (if applicable)
🏦 Bank account details
🔗 Visit the GST Portal
✍️ Fill in Part A of Form GST REG-01
✅ Verify via OTP and PAN
📥 Upload documents in Part B
🕒 Wait for ARN (Application Reference Number)
🧾 Once verified, you’ll receive your GSTIN
Event management falls under SAC Code 998596
💸 18% GST is applicable (CGST + SGST or IGST depending on location of client)
Ignoring GST registration can lead to:
⚖️ Fines up to ₹10,000 or more
⛔ Blacklisting of your business
🚫 Loss of high-value clients and contracts
🔁 File regular returns (GSTR-1, GSTR-3B)
🧮 Maintain proper billing and accounts
📊 Use accounting software for ease
💡 Take help from a GST consultant or CA
Whether you're an established agency or a budding planner in Goa’s booming event scene, GST registration is not just a formality—it’s your gateway to legitimacy and growth. Stay compliant, impress clients, and build your brand with confidence.
reated & Posted By Ravi Kumar