Who shall get registered?
1.
Every supplier shall get registered if his
aggregate turnover exceeds :
·
Rs. 10 Lakhs, if the person making supply of
taxable goods and/or services is in Arunachal Pradesh, Assam, Jammu and
Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal
Pradesh and Uttarakhand
·
Rs. 20 Lakhs, if the person making supply of
taxable goods and/or services is in any other state.
2.
The following persons shall also get registered
under the act apart from the persons whose taxable supply of goods exceeds the aforesaid
limits.
·
Persons making any inter-State taxable supply
·
Casual taxable persons
·
Persons who are required to pay tax under
reverse charge
·
Electronic commerce operator of such services as
may be notified by Central or State Government under Section 8(4) Central /
State Goods and Services Tax Act, 2016.
·
Non-resident taxable persons
·
Persons who are required to deduct tax under
section 46.
·
Persons who are required to collect tax under 56.
·
Persons who supply goods and/or services on
behalf of other taxable persons whether as an agent or otherwise
·
Input service distributor, whether or not
separately registered under the Act
·
Person who supplies goods and/or services, other
than supplies specified under sub-section (4) of section 8, through electronic
commerce operator required to collect tax under Section 56.
·
every electronic commerce operator
·
every 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
3.
Any person can voluntarily get registered though
not required to get registered as per the provisions of the act.
·
“Casual taxable person” means a person who
occasionally undertakes transactions involving supply of goods and/or services
in the course or furtherance of business whether as principal, agent or in any
other capacity, in a taxable territory where he has no fixed place of business
·
As per Section 23(1), a casual taxable person or
a non-resident taxable person shall apply for registration at least five days
prior to the commencement of business
·
Section 8(4) specifies that in respect of
certain notified services, the tax shall be paid by the electronic commerce
operator.
·
Section 56(4) specifies in respect of other than
services referred to in Section 8(4), the electronic service operator shall collect
an amount calculated at the rate of one percent of value of the services.
· Every person other than a non-resident shall
have a PAN before seeking registration.
Computation of
Aggregate turnover:
All taxable supplies excluding
non-taxable supplies XXXX
Exempt supplies XXXX
Exports of Goods and/or Services XXXX
Inter-State supplies of a person having the
same PAN, to be computed
on all India basis XXXX
Excludes:
Taxes charged under the CGST Act,
SGST Act and IGST Act XXXX
Shall
not include:
Value of inward supplies on which
tax is payable
under Section 8(3) of the Model CGST/SGST Act,
2016 XXXX
Value of inward supplies XXXX
Net Total (Aggregate Turnover) XXXX
