GST Registration

Pan

There are 3 kinds of applicable Goods and Services Taxes:

  • CGST: where the revenue will be collected by the central government
  • SGST: where the revenue will be collected by the state governments for intra-state sales
  • IGST: where the revenue will be collected by the central government for inter-state sales

  • Who Should Register for GST ?

  • Turnover in a financial year exceeds Rs 20lakhs (Rs 10 lakhs for Special category states).
  • If your turnover includes supply of only those goods/services which are exempt under GST, this clause does not apply.
  • To test this threshold, your turnover should include aggregate value of all taxable supplies, exempt supplies, export of goods and/or services and inter-state supplies of a person having the same PAN
  • Every person who is registered under an earlier law will take registration under GST too.
  • Where a business which is registered has been transferred to someone, the transferee shall take registration with effect from the date of transfer.
  • Anyone who makes inter-state supply of goods and/or services.
  • Casual taxable person (see below)
  • Non-Resident taxable person (see below)
  • Agents of a supplier
  • Those paying tax under reverse charge mechanism
  • Input service distributor
  • E-commerce operator or aggregator
  • Person who supplies via e-commerce aggregator
  • Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

  • Who is a casual taxable person?

    If you occasionally make supply of goods/services as a principal or agent or any other capacity, in a taxable territory, where GST applies but where you don't have a fixed place of business. As per GST, you will be treated as a casual taxable person.


    Who is a non-resident taxable person?

    When you occasionally make supply of goods/services as a principal or agent or any other capacity, in a taxable territory, where GST applies but you don't have a fixed place of business in India. As per GST, you will be treated as a non-resident taxable person.


    Other notable points regarding registration

  • A person with multiple business verticals in a state may obtain a separate registration for each business vertical.
  • PAN is mandatory to apply for GST registration (except for non-resident person who can get GST registration on the basis of other documents)
  • A registration which has been rejected under CGST Act/SGST Act shall also stand rejected for the purpose of SGST/CGST act.
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