TMI BlogCasual taxable person in GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... fied handmade goods need to register only if their aggregate turnover exceed an amount of 20 lakh [10 lakh in case of Special Category States of Mizoram, Tripura, Manipur and Nagaland] in a financial year, the aggregate value of such supplies, to be computed on all India basis. A casual taxable person cannot exercise the option to pay tax under composition levy. He has to apply for registration at least five days prior to commencing his business in India. The specified handicraft goods and notified handmade goods are as under Notification No. 3/ 2018 Integrated Tax dt. 22.10.2018 Advance deposit tax Section 27(2) [ Circular no. 71/45/2018-GST dt. 26 Oct. 2018 ] A casual taxable person has to make an advance d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... number and e-mail address. Using this reference number generated, the applicant shall electronically submit an application in Part B of FORM GST REG-01 , duly signed or verified through electronic verification code, along with the documents specified in the said Form at the common portal, either directly or through a Facilitation Centre notified by the Commissioner. The applicant will be given a temporary reference number by the Common Portal for making the mandatory advance deposit of tax for an amount equivalent to the estimated tax liability of such person for the period for which the registration is sought. The registration certificate shall be issued electronically only after the said deposit appears in his electronic cash ledge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erson. Circular no. 71/45/2018-GST dt. 26 Oct. 2018 Returns: The casual taxable person is required to furnish the following returns electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissioner, Furnishing details of outward supplies of goods or services [ Filling FORM GSTR-1 ] Every Casual taxable persons, required to furnish the details of outward supplies of goods or services or both effected during a tax period under section 37, shall furnish such details in FORM GSTR-1 on or before the tenth day of the month succeeding the said tax period,electronically through the common portal, either directly or through a Facilitation Centre as may be notified ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - If Casual taxable person turnover is more than 5 crore during the financial year or preceding financial year , or part thereof, on or before the 20th day of the month succeeding such month: If casual taxable person have turnover upto 5 crore during the financial year or preceding financial year, or part thereof, for the class of registered persons mentioned in column (2) of the Table given below, on or before the date mentioned in the corresponding entry in column (3) of the said Table, namely:- S. No. (1) Class of registered persons (2) Due Date (3) 1. Registered persons whose principal place of business is in the States of Chhat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... respect of the entire period for which the certificate of registration was granted to him had remained in force. The refund relating to balance in the electronic cash ledger has to be made in serial no. 14 of the last FORM GSTR-3 return required to be furnished by him (instead of FORM GST RFD 01). (Read rule 89) Important point to be remember:- A casual taxable person shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in FORM GSTR-1 , if he has not furnished the return in FORM GSTR-3B for the preceding month. A casual person, required to furnish return for every quarter under the proviso to subsection (1) of section 39, shall not be allowed to furnish ..... X X X X Extracts X X X X X X X X Extracts X X X X
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