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Frequently Asked Question

Every business carrying out a taxable supply of goods or services and whose turnover exceeds the threshold limit of Rs. 20 lakhs (Rs 10 lakhs for North Eastern and hill states) is required to register as a normal taxable person. This process of registration is called GST registration.

The first 2 digits of the 15 digit GSTIN will represent the state code. For example: 27 for Maharashtra The next 10 digits will be the PAN of person or entity engaged in Business.

Any business whose turnover exceeds the threshold limit of Rs. 20 lakhs (Rs 10 lakhs for North Eastern and hill states) will have to register under GST. Businesses registered under any of the pre-GST laws: VAT, Excise/Service Tax have to register under GST by default. Apart from the normal taxpayer (as defined above), there are few special cases (as explained in section 3) that have to register for GST irrespective of their turnover. A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh; A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore; A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore.

An entity liable to be registered under GST should apply for registration under GST within 30 days from the date on which the entity becomes liable to register for GST. Casual taxable persons and non-resident taxable persons are required to be registered under GST, prior to commencing business.

GST Registration is not mandatory for persons who Supply agricultural produce from cultivation Make only exempt supplies (Nil Rated or Non-Taxable supplies) of goods or services Make supplies which are entirely covered under reverse charge.

The Applicant shall file an online application to opt for Composition Scheme. Taxpayers who can opt for this scheme can be categorized as below: Migrated Taxpayers: Any taxpayer who has migrated from earlier laws and has been granted provisional registration certificate can file an application under Form GST CMP-01 and further details in Form GST CMP-03 within 30 days after 1st July, 2017. New Taxpayers: Any person, who is liable to register under GST Act has option to pay tax under Composition Scheme in Form GST REG-01. Existing Taxpayers: Any taxpayer who is registered as normal tax scheme has option to file an application under Form CMP-02 to opt for Composition Scheme at least 7 days prior to the commencement of financial year in which he wish to obtain the option to pay tax under composition Scheme.

Yes, a person can get registered voluntarily under GST in terms of sub-section (3) of section 25. All the provisions will apply to him as they apply to a registered person.

The following category of persons are eligible to apply for composition scheme: Every Dealer who deals only in Intra-state supply of goods (or service of only restaurant sector) Who does not supply goods that are not leviable to tax Has an annual turnover below 75 lakhs in preceding financial year Who shall pay tax at normal rates in case he is liable under reverse charge mechanism. Who is not supplying through e-commerce operator

Aggregate turnover is the aggregate value of all taxable supplies, exempt supplies, export of goods or services or both and inter-State supplies of a person having same PAN. Aggregate turnover does not include CGST, SGST, IGST and GST cess.

The purpose behind introduction of Composition scheme is to reduce the compliance burden on small tax payers. This option given to small taxpayer who opts Composition Scheme to file summarized returns on a quarterly basis. They shall liable to Pay tax as 1%,2% & 5% for manufacturer,Service Provider & Restaurant business respectively.

Yes. PAN is mandatory for normal taxpayers and casual taxable persons to be registered under GST. However, PAN is not mandatory for a non-resident taxable person for obtaining registration.

A Non-Resident taxable person is one who occasionally undertakes taxable supplies from any State in India, and for that he needs GST registration.

Casual Taxable Person and Non-Resident Taxable person should apply for registration at least 5 days in advance before entering to any supply. The Registration Certificate is valid for a period mentioned on Certificate which shall not exceed 90 days & They have option to extend for further period. They shall be liable deposit estimated tax liability before entered for registration certificate.

After submission of GST application with all the required documents, GSTIN is alloted within 7 working days.

Once GST certificate is granted, the registration is valid until it’s surrendered or cancelled or suspended. Only GST certificate issued to non-resident taxable person and casual taxable person have a validity period.

GST certificate is provided by the Government only in soft-copy format. Once GSTIN is allotted, GST certificate can be downloaded from the GST Portal at any time by the taxpayer.

Businesses or entities supplying goods or services must register for GST from every State from where taxable supply of goods or services or both is made.

Primary authorized signatory is the person who is primarily responsible to perform action on the GST System Portal on behalf of the taxpayer. It can be the promoter of the business or any person nominated by the promoters of the business.

No, an unregistered person without GSTIN cannot collect GST from customers or claim input tax credit of GST paid.

Procedure has been provided in the GST portal for migration of existing service tax or VAT or central excise to GST. Entities registered under old tax laws must complete GST migration mandatorily to obtain GST.

a) For Business Registered under Regular Scheme : To Obtain Input Tax Credit b) For Business Registered under Composition Scheme: Less compliance Tax liability on Taxable on Turnover High working capital

A Casual taxable person is one who has a registered business in some State in India, but wants to effect supplies from some other State in which he is not having any fixed place of business. Such person needs to register in the State from where he seeks to supply as a Casual taxable person.

An entity will have a single registration in each state for each PAN. Therefore, it can list only one place as its principal place of business and show all the other branches as additional places of business in that state. However, an entity can obtain separate registrations if in case it has separate business verticals within the state.

No, there is no concept of a central GST registration. Every PAN holder will have one GSTIN per State. Therefore, an entity having its branches in more than one state will have to take separate state wise registrations for each of its branches in different states even if they hold a single PAN.

No. An entity operating in multiple states will have to get registered separately for each of the States from where taxable supply of goods or services is made.

Registration can be cancelled in 2 scenarios: When the taxable person wishes to voluntarily cancel his GST registration. When the proper officer, on default by the taxable person, moves to cancel the GST registration on his own motion. This may be when the person is not doing business from his declared registered place of business or if he issues tax invoice without making the supply of goods or services.

The taxable person has to apply on the common portal within 30 days. He will declare in the application, the stock held on that date, amount of dues and credit reversal and particulars of payments made towards discharge of such liabilities. If satisfied, the proper officer will cancel the registration within 30 days.

A taxable person can on his own, at the common portal, make amendments in some information without prior approval like e-mail IDs, mobile numbers etc. But in the case of following changes he will have to apply for amendment within 15 days: Legal name of the business State of place of business or additional place of business This will be approved within the next 15 days.