Under
this blog today we are going to understand the provisions of GST Registration
in details. The whole cycle of GST (Good and Service Tax) implementation and
compliance begins with requirement of GST Registration. A person can take
voluntary registration for GST, But if the turnover exceeds
the below define limit the person becomes liable to get GST Registration.
A. Persons Liable for
Registration (Section 22)
Sec. 22 of the CGST (Central Goods and Service
Tax) ACT
states the limit for GST registration. Once you exceed the limit you are liable
to get GST registration. As per the decisions of the 32th GST Council
Meeting, the limit for GST registration for both service provider and
traders has been aroused from the previous limit of Rupees Twenty Lakh (₹
20,00,000) for normal category states & Rupees Ten Lakh ( ₹ 10,00,000) for
special category states w.e.f 1st April 2019. Now a person has to
take GST Registration if his turnover exceed the limits as below :-
For Trader/Manufacturer Provider :
|
|
-
Normal
Category states
|
Turnover Exceed ₹ 40 Lakhs
|
-
Special
Category states :
1) Arunachal Pradesh
2) Assam
3) Jammu & Kashmir
4) Manipur
5) Meghalaya
6) Mizoram
7) Nagaland
8) Sikkim
9) Tripura
10) Himachal Pradesh
11) Uttarakhand
|
Turnover Exceed ₹ 20 Lakhs
|
For service Provider :
|
|
-
All
category states
|
Turnover/Gross Receipts Exceed ₹ 20 Lakhs
|
B. Compulsory registration in
certain Cases (Section 24)
Sec 24 of the CGST (Central Goods and Service
Tax) ACT, The
following persons need to take registration under GST compulsorily if they are
making taxable of goods and services :
1. Doing inter-state sales.
2. Casual taxable person.
3. Required to pay Tax under
Reverse charge mechanism (RCM).
4. Required to pay tax U/S. 9
(5) of the act i.e. E-Commerce Operates.
5. Every E-Commerce Operates
who all require to deduct TDS (Tax deducted at source).
6. Suppliers supplying through
E-Commerce Operates who require to deduct TDS.
7. Non Resident making taxable
supply.
8. Required to deduct TDS.
9. Supplying on behalf of
other taxable person like agent or other.
10. ISD (Input Service
Distributor).
11. Non registered person
providing online information & database related service to person in India.
12. Such other person as
notified by the council from time to time.
C. Persons Not Liable for
Registration (Section 23)
Sec. 23 of the CGST (Central Goods and Service
Tax) ACT
states the persons who are not required to get GST registration. They are :-
1. Persons providing non taxable
and exempt goods and services.
2. Agriculturist* supplying
there non-processed produce.
3. Such other person as
notified by the council from time to time.
D. Composite Scheme (Section
10)
Sec. 10 of the CGST
(Central Goods and Service Tax) ACT states
everything about Composition scheme. There are also composition rules and
notification which amended the eligibility for registration for composition
scheme. One person has to fulfill the eligibilities to get registration under
GST. A person whose aggregate turnover in the preceding financial year (F.Y.)
did not exceed ₹ 1,50,00,000 (Rupees One Crore Fifty Lakhs) may opt for
composition scheme. The limit for the specified states is ₹ 75,00,000 (Rupees
Seventy Fifty Lakhs). I have written a separate blog with complete details
about composition scheme, go and check for further information https://taxolawgywithpriyankatiwari.blogspot.com/2020/02/composition-scheme-blessing-for-small.html
Time Limit for Registration (Section 25)
Sec. 25 of the CGST (Central Goods and Service
Tax) ACT
states time limit for applying for GST registration. The below table explains
it in simplified manner.
Category
|
Time Limit
|
Persons falling under Section 22 & 24
|
30 days from the date of exceeding the limit
|
Casual Taxable Person** or Taxable Non
resident
|
5 days prior to the commencement of business
|
* Agriculturist (Section 2 Clause 7)
Agriculturist
means an individual or a Hindu Undivided Family who undertakes cultivation of
Land –
(a) By own labour, or
(b) By the labour of Family,or
(c) By servants on wages
payable in cash or kind or by hired labour under personal supervision or
personal supervision of any member of family;
Here point to be noted is
that land can be of any other person or in the name of any other person then
the agriculturist.
** Casual Taxable Person (Section 2 Clause 20)
Casual
taxable person means a person who occasionally undertakes transactions
involving supply of goods or service or both in the course or furtherance of
business, whether as principal, agent or in any other capacity, in a state or
union territory where he has no fixed place of business.
Mode of registration
The
easiest mode of registration is online mode, through the website https://www.gst.gov.in . But one can also go to
any “GST Suvidha Kendra” run by government with their documents and get
the registration done.
Document and other requirements for
registration
1.
PAN (Permanent Account Number)
2.
One Mobile No. and Email ID
3.
Aadhar
4.
One Bank Account to link
5.
Photo of Stakeholder (Promoter / Partner) : Photo of the Promoter/ Partner
6.
Photo of the Authorised Signatory : Photo
7.
Proof of Appointment of Authorised Signatory (Any One) : Letter of
Authorisation, Copy of Resolution passed by BOD/ Managing Committee and
Acceptance letter
8.
Proof of Principal Place of business (Any One) : Electricity Bill, Legal
ownership document, Municipal Khata Copy and Property Tax Receipt
This
is a complete blog over GST Registration and requirements. Tried to provide all
details in the précised manner. I hope this blog has provided useful detailed to
you. If you find this blog useful please do share with your friends and
family. Feel free to leave your views, comments and queries in the comment
section below.
Disclaimer :
The above blog is purely for educational and guidance purpose. It's
just the reflection of the author's personal experience and judgment. The
author has just provided the general information & understanding and its
not at all an alternative of any legal advice or practitioner. It has no
connection with the websites mentioned in its contents. The content stated in
the blog should be used by the reader at his own discretion and sole
responsibility. The content of the blog can be only used for any other
document, write-up, article, blog and any written or printed material whether
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