GST Registration Requirement

Article explains Who is liable to get register in GST,What is the threshold limit for GST registration, Special category of States for GST Registration Requirement, What is aggregate turnover for GST, Who is Casual Taxable Person under GST and Who is non-resident taxable person under GST.

Who is liable to get GST registration ??

• Any business whose aggregate turnover exceed threshold limit as prescribe.
• Any person who is registered under an earlier law such as service tax, VAT etc.
• A person making inter-state supply of goods or services or both.
• Casual Taxable Person.
• Non-resident taxable person.
• Agent of the supplier.
• When a business is transferred to someone or when a business is demerged
• Person paying tax under RCM.
• E-commerce operator or aggregator.

What is the threshold limit for GST registration ??

• Any business entity which is engage in supply of goods and whose aggregate turnover exceeds Rs.40 lakh in normal category states and Rs.20 lakh in special category states.
• Any business entity which is engage in supply of service and whose aggregate turnover exceeds Rs.20 lakh in normal category states and Rs.10 lakh in special category states.
• However there are two special category states named Jammu & Kashmir and Assam which opted for threshold limit of Rs.40 lakh in respect of goods NOT Rs.20 lakh AND there is a normal category state Puducherry which opted for threshold limit of Rs.20 lakh in respect of goods NOT Rs.40 lakh.

Special category of states

• Arunachal Pradesh
• Assam
• Jammu & Kashmir
• Manipur
• Meghalaya
• Mizoram
• Nagaland
• Tripura
• Sikkim
• Uttarakhand

What is Aggregate Turnover ??

As per GST law aggregate turnover refers to aggregate value of all taxable supplies(excluding inward supplies on which tax being payable on RCM basis),exempt supplies, export of goods or services or both and inter-state supply of person having the same PAN excluding Central Tax, Union territory tax, State tax, Integrated tax and Cess.

Who is Casual Taxable Person ??

A person who occasionally supplies goods or services or both in a territory where GST is applicable but he does not have a fixed palace of business, such a person is called Casual Taxable Person. For example a person who sale his tuition classes from Delhi to all over India through online classes but he does not have any fixed palace of business in any state other than Delhi such a person called Casual Taxable Person.

Who is Non-resident Taxable Person ??

When a non-resident person occasionally supplies goods or services or both in territory where GST is applicable but he does not have a fixed palace of business in India ,as per GST, he will be treated as Non-resident Taxable Person.

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