Compulsory registration under gst

What is provision relating to GST registration? Is every person liable to pay GST? A persons making any inter-State taxable supply of goods is required to be registered under GST irrespective of turnover limit. Thus, there are no centralized registration under GST , person having multiple place of business in a state or union territory may be granted a separate registration for each such place of business subject to such conditions as may be prescribed.

Generally, the GST registration is compulsory only if the Aggregate Turnoverof a business exceeds the threshold limit during the financial year. However, in certain cases, compulsory registration under GST is required even if the turnover is less than the prescribed threshold limit. A taxpayer can apply for GST Registration on the GST Portal. As per section 2 every person who supplies taxable goods or services or both and the aggregate turnover exceeds Rs.

A person should take a Registration , within thirty days from the date on which he becomes liable to registration , in such manner and subject to such conditions as is prescribed under the Registration Rules. GST Registration based on Aggregate turnover As per the present GST law, every supplier whose aggregate turnover exceeds lakhs rupees in a financial year is liable to get registered under the GST law. The business has to get registered in the state from where he makes taxable supplies. Compulsory registration under GST If the person is making supply from one State to another (inter-state supply) Casual taxable persons making taxable supply The person who is liable to pay tax on a reverse charge basis.

Compulsory Registration There are certain category of persons who are required to register under GST compulsorily. Who is required to compulsory register under GST regime? I am an agent do I need GST registration ? If person is making supply under Principal and agent basis then he need to get himself registered and prov of sec. I am service distributor, do I need GST registration ? Yes, GST is a PAN based number.

Hence PAN is mandatory to register themselves under the GST law. However, it is not mandatory for the non-resident taxable person who registration can be granted on the basis of any other document as may be prescribed. These are some of the basic queries relating to GST law in India. Greetings from GST Law India Team!

Give it a read and we would be pleased to have your feedback! This video is about compulsory registration under sec of CGST Act which says registration under gst is compulsory irrespective of your turnover. Persons who cannot opt for composition Scheme. A person making taxable supply of goods or services or both and if his turnover cross lakhs in a financial year, he has to compulsory register under GST within days. The limit in special states is lakhs.

However, if a person makes supplies in the course of interstate trade he has to be registered under GST. As per the GST law, GST Registration is Compulsoryin certain cases irrespective of turnover limit. The situations are as follows : Every person who is registered under an earlier law (i.e., Excise, VAT, Service Tax etc.) needs to register under GST, too. Person engaged in inter – state supply of goods (not services).

Also, if your business has multiple branches in different states, you are required to register separately for each state. Under GST , single registration is required for different taxes. Section (ix) says compulsory registration for persons who supply goods or services or both, other than supplies specified under sub-section (5) of section through such electronic commerce operator who is required to collect tax at source under section 52. For more information on the requirement to register for GST under these regimes, please refer to GST on Imported Services.

Notification Period and Effective Date of Registration You are required to apply for GST registration within days from the date your liability to register arose.