There will be Penalty consequences for failure to apply for GST registration
Time Limit for GST registration
Normal Taxable person shall obtain registration within 30 Days of becoming liable for registration.
Casual taxable person or Non-resident taxable person should apply for registration Before 5 days of commencement of business.
As per sub-section (1) of Section 122 of CGST Act,2017 if a person is liable to obtain GST registration and Fails to obtain the same liable for following Penalty:
Rs.10,000 Or
Amount of tax evaded
Whichever is higher.