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GST - Registration

Goods and Services Tax - GST - By: - CA Akash Phophalia - Dated:- 10-7-2016 Last Replied Date:- 11-7-2016 - 1. Background Model GST law provides for registration of various persons in different situations. This article aims at enlightening readers about the persons who are required to take registration and other provisions related to registration. 2. Threshold Limit In order to provide relaxation to small suppliers it is provided that every supplier shall be liable to be registered under this ac .....

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r the CGST Act, SGST Act and the IGST act, as the case may be. But aggregate turnover does not include the value of supplies on which tax is levied on reverse charge basis and the value of inward supplies. 3. Persons requiring registration Following are the persons required to take registration under this act - (a) Persons making inter-state supply, irrespective of any threshold limit (b) Casual taxable persons, irrespective of the threshold specified (c) Persons who are required to pay tax unde .....

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of goods of services if its aggregate turnover in a financial year exceeds ₹ 9 lacs. (m) Supplier liable to be registered where it makes a taxable supply of goods of services if its aggregate turnover in a financial year exceeds ₹ 4 lacs. (for NE states including Sikkim) (n) Persons who were already registered under the earlier law subject to point (l) and (m) above. (o) Transferee in case where business is transferred. 4. Following table will make some situations regarding registra .....

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personal use Yes 10 Non-resident persons Yes 11 Persons required to deduct TDS providing intra state supply upto ₹ 9 lacs Yes 12 Input service distributor Yes 13 Agent or the like Yes 14 Intra-state supply upto ₹ 9 lacs As an agent Yes 15 Electronic commerce operator Yes 16 Supply through electronic commerce operator - Branded or otherwise Yes 17 Aggregator - supplying services Yes 18 Intra-state supply - Exempted ₹ 5 lacs Intra-state supply - Taxable ₹ 5 lacs Yes As the .....

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