Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Article on Registration under Revised GST Model

Goods and Services Tax - GST - By: - Ashish Mittal - Dated:- 14-1-2017 - Background: Every time a law comes into force the Assessee falling under its ambit has to get them registered in said law and comply with the relevant provisions. CBEC in association with empowered GST council has notified draft Model GST model Law (in short MGL ) as revised on 25th November 2016, rules and schedules issued in this regards wherein vide CHAPTER - VI, a set of five Sections (in short Sec. ) read with separate .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

23 of MGL and Schedule-V Turnover Limit When to Apply 1 Supplier of Taxable Service/Goods (Supply chargeable to tax under MGL as per Sec. 2(99)) including 1. Supply on behalf of principal 2. Supply by Job worker on Assessee account excluding Person supplying only Non-taxable service or goods (Supply not chargeable to tax under MGL as per Sec. 2(100)) or an agriculturist or for agriculture. For States mentioned in Article-279A (4) (g) of Constitution of India -T/o Limit is exceeding 10 lakhs in .....

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 from appointed date 3 In case of Succession of Business-the successor of business need to get fresh registration. No Limit is Applicable as it is transfer of existing business Within 30 days of transfer or succession 4 In case of amalgamation or demerger-the resultant Assessee No Limit is Applicable as it is transfer of running business Within 30 days of issue of Certificate of Incorporation 5 Interstate supplier No T/o Limit Within 30 days of indulging in such activity under MGL. 6 Casual tax .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

al Point- In case registered under earlier law then also need to take fresh registration 12 E-Service provider or E-goods supplier 13 E-commerce Operator 14 An aggregator 15 Unregistered person located O/s India supplying online information and database access or retrieval services to a person in India 16 Other as specified by Govt. - 17 Not falling above can take on voluntarily basis (S. 23(3)) - Procedure for Registration: Following is the procedure for registration under MGL, certain classes .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

than Non-Resident, Deductor under sec. 46 or collector under Sec. 56, fill Part A of FORM GST REG-01 particulars such as email, PAN, Mobile No. which would be verified. 2. After verification an application reference number shall be generated and communicate 3. Then fill Part B of FORM GST REG-01, signed and submit along with documents. 4. An acknowledgement shall be issued in FORM GST REG-02 (electronic on temporary basis) 5. Proper officer after verifying above shall approve within 3 working d .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n shall be granted. 8. If approved then certificate of registration in FORM GST REG-06 shall be granted effective from if applied within 30 days of being liable-date on which being liable to get registered Otherwise on date of grant of approval for registration. B. For Deductor under 46 or 56 of MGL: 1. Application electronically along with documents in FORM GST REG-07 2. Grant of RC within 3 working days of application in FORM GST REG-08 3. Can cancel also if satisfied that no future needs to d .....

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: At the outset emphasis must be given to governments intention of keeping each and every communication with the department in electronic form thereby defining forms for each and every communication whether from Assessee or department s side thereby promoting the Hon ble PM view of digital India and paper less economy which would definitely be appreciated by the industry thereby reducing the manual work load and regular visiting to the department. Although huge efforts are being made by the gov .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

istration rules: a. Having different business segment as per AS-17. b. No business segment registered under composition scheme under Sec. 9 (if separate registration granted then not allowed for opting composition scheme) c. Tax to be paid and tax invoice to be issued in case of inter unit transfer Note: If above condition satisfied then each segment can apply for registration individually and other steps and condition apply mutatis mutandis. 2. PAN is mandatorily required (for NON-RESIDENT othe .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

. Display GSTIN and RC in prominent place in principal place of business. 8. All communication shall be done electronically on GST site by department and Assessee and communication shall be appropriately signed by authorized person. 9. Physical verification if required by proper officer may be conducted and documents shall be uploaded in Form GST REG-26. Amendment in registration Amendment in registration (Reference of Section 25 read with rule 9 of Registration rule has been made) 1. Any inform .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rtal 4. If change in PAN then fresh application is required. 5. If application filled above is incomplete or docs are not complete then SCN under FORM GST REG-03 within 15 days of application shall be send for show cause in next 7 days of receipt of SCN. 6. Reply to be filled in FORM GST REG-04 Note: If no action taken by proper officer in 15 or 7 working days then automatic amendment in registration shall be granted. Note: Non acceptance of amendment shall be done after giving opportunity of be .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

in case of composition scheme person and 6 month for others person taken voluntary registration don t start business within 6 month 3. Registration obtained by fraud, willful misstatement or suppression of facts, can be cancelled with retrospective effect. 4. Cancellation after giving Opportunity of being heard (in short OBH ), by issuing SCN under FORM GST REG-15, Assessee still liable for old dues. 5. In case of cancellation ITC/CENVAT of inputs capital goods shall be reversed in prescribed ma .....

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