New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Registration under GST Law

Goods and Services Tax - GST - By: - niranjan gupta - Dated:- 22-9-2016 Last Replied Date:- 26-9-2016 - Introduction The general meaning of registration is a method of officially recording something. Usually something is registered to claim more rights, or to protect ownership, or because the law says it must be registered to be used legally. Presently, to do business in India there are a list of registration under Direct & Indirect Taxation law. Indirect taxation majorly covers the Customs, .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ed manner. The suggested GST model provides for subsuming the Central Excise Duty, Service Tax, CST, VAT and other local taxes. Definition supplier in relation to any goods and/or services shall mean the person supplying the said goods and/or services and shall include an agent acting as such on behalf of such supplier in relation to the goods and/or services supplied; aggregate turnover means the aggregate value of all taxable and non-taxable supplies, exempt supplies and exports of goods and/o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

registration. [S.19] In case of a person, other than an Input Service Distributor, is registered under earlier law, it shall not be necessary for him to apply for fresh registration under the S. 19 and he shall follow the procedure as may be prescribed in this behalf. Threshold Limit under GST law Under GST model, it is proposed that every supplier shall be liable to be registered under this Act in the State from where he makes a taxable supply of goods and/or services if his aggregate turnover .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rsons making any inter-State taxable supply casual taxable persons persons who are required to pay tax under reverse charge non-resident taxable persons persons who are required to deduct tax under section 37 persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise Input Service Distributor persons who supply goods and/or services, other than branded services, through electronic commerce operator every electronic commerce operator an .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of goods by the principal referred to in section 43A, and the value of such goods shall not be included in the aggregate turnover of the registered job worker. Threshold Limit under Central Excise, Service Tax and respective State Laws Service Tax: Any provider of taxable service whose aggregate value of taxable service in a financial year exceeds nine lakh rupees shall make an application for registration within a period of thirty days of exceeding the aggregate value of taxable service of nin .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

t amount received equals or exceeds ₹ 5 lakh North Punjab Voluntary Registration ₹ 5 lakh ₹ 5 Lakh North UP ₹ 5 lakh Total contract amount received equals or exceeds ₹ 5 lakh North UK ₹ 5 lakh Total contract amount received equals or exceeds ₹ 5 lakh North J & K ₹ 7.5 Lakh during any period of 12 consecutive months ₹ 7.5 Lakh North HP ₹ 8 lakh ₹ 8 lakh West Maharashtra Turnover exceeds ₹ 5 lakh and value of taxable goods .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Turnover exceeds ₹ 5 lakh Turnover exceeds ₹ 5 lakh Central Bihar Turnover exceeds ₹ 5 lakh Every contractor executing has to get registration irrespective of the turnover. Central Chhattisgarh Turnover exceeds ₹ 10 lakh If taxable turnover of the dealer equals or exceeds the limit prescribed. Central Jharkhand Turnover exceeds ₹ 5 lakh Dealer involved in Works Contract and leasing with a turnover exceeding ₹ 25,000. Central Orissa Turnover exceeds ₹ 5 l .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r equals to ₹ 10 lakh Every contractor executing has to get registration irrespective of the turnover. South Tamil Nadu Turnover greater than or equal to ₹ 5 lakh in the preceding year or Purchases and sales goods within the state and his total turnover in preceding year is greater than or equal to ₹ 10 lakh Dealer of local and interstate transactions is ₹ 5 lakh or more; or Dealer of local transactions is ₹ 10 lakh or more; East West Bengal Taxable turnover exceeds .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eived exceeds ₹ 50,000 East Meghalaya Gross taxable turnover exceeds ₹ 1 lakh Total contract amount received exceeds ₹ 1 lakh East Mizoram Gross taxable turnover exceeds ₹ 3 lakh Total contract amount received exceeds ₹ 3 lakh East Tripura Gross taxable turnover exceeds ₹ 3 lakh during any period of 12 consecutive months Nil East Nagaland Gross taxable turnover exceeds ₹ 3 lakh Total contract amount received exceeds ₹ 3 lakh Registration under GST .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

)] The proper officer shall not reject the application for registration or the Unique Identity Number without giving a notice to show cause and without giving the person a reasonable opportunity of being heard.[S. 19(8)] A registration or an Unique Identity Number shall be deemed to have been granted after the period prescribed under sub-section (7), if no deficiency has been communicated to the applicant by the proper officer within that period.[S. 19(9)] Any rejection of application for regist .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ect to such conditions as may be prescribed. A person may get himself registered voluntarily. Following person shall require to obtain a Unique Identification Number for the purpose as notified including refund of taxes on the notified supplies of goods and/or services received by them: any specialized agency of the United Nations Organization; any Multilateral Financial Institution and Organization notified under the United Nations (Privileges and Immunities) Act, 1947 (46 of 1947); Consulate o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s by a further period not exceeding ninety days. [Proviso to S. 19A(1)] Casual taxable person or a non-resident shall make an advance deposit of tax which shall be equal to the estimated tax liability for the period for which the registration sought.[S.19A(2)] In case of extension of registration time, such person shall deposit an additional amount of tax equivalent to the estimated tax liability for the period for which the extension is sought. [Proviso to S. 19A(2)] The amount deposited under .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

se and without giving the person a reasonable opportunity of being heard. [S. 20(3)] Any rejection or, as the case may be, approval of amendments under the CGST Act/SGST Act shall be deemed to be a rejection or approval of amendments under the SGST Act/CGST Act. [S. 20(4)] Cancellation of Registration The registration certificate shall be cancelled either on his own motion by the proper officer or on an application filed by the registered taxable person or by his legal heirs (in case of death of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

or a continuous period of six months; Any person who has taken voluntary registration and has not commenced business within six months from the date of registration. Where registration has been obtained by means of fraud, wilful misstatement or suppression of facts. The proper officer shall not cancel the registration without giving a notice to show cause and without giving the person a reasonable opportunity of being heard. The cancellation of registration under this section shall not affect th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e on such goods, whichever is higher. In case of capital goods, the taxable person shall pay an amount equal to the input tax credit taken on the said capital goods reduced by the percentage points as may be prescribed in this behalf or the tax on the transaction value of such capital goods, whichever is higher. Revocation of cancellation of registration Every registered person whose registration has been cancelled by the proper officer suo motu, may apply for revocation of registration within 3 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version