In this article there is an effort to touch upon basic but very important topic of Requirement of ‘GST registration’ from the perspective of different ‘Person’.
| Particulars | Voluntary GST Registration | Compulsory Registration | Threshold limit for Compulsory Registration | Remarks |
| • Individual
1. Physical Natural Person who can perform legal action for himself |
Yes | If cross threshold / comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | |
| 2. Individual with Unsound Mind/ Minor | Yes | If cross threshold / comes under other conditions mentioned
below |
Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/10 Lakh for Service Provider | Act through Representative e.g. Guardian |
| 3. Legal Heirs | Yes | If cross threshold / comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | Have to take fresh registration if already registered in the name of deceased person since GST registration is PAN Based |
| 4. Non Resident Individual having taxble supply | —NA– | Yes | —–NA—- | Compulsory to be registered even if transactions are done occasionally and no fixed place of business |
| • HUF | Yes | If cross threshold / | Aggregate turnover in | Karta shall be acting on behalf |
| comes under other conditions mentioned below | Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | of HUF | ||
| Company
1. Domestic Company |
Yes | If cross threshold /comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs.20/ 10Lakh for Service Provider | |
| 2. Foreign Company | –NA– | Yes | —–NA—- | Compulsory to be registered even if taxable transactions are done occasionally and no fixed place of business |
| Firm:
1. Partnership Firm 2. Limited Liability Partnership |
Yes | If cross threshold / comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | • |
| Association of
Person: Co-operative Society |
Yes | If cross threshold / comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | |
| Trust
Charitable or religious trust Fulfilling following two conditions 1. It must be registered u/s 12AA of Income Tax Act 2. Such services or activities by the entities are in the purview of Charitable Activities |
—– |
Not Applicable |
——- |
Such trusts are exempt |
| Trust other than above | Yes | If cross threshold /comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs.20 / 10 Lakh for Service Provider | |
| Government/ Local Authority | Yes | If cross threshold /comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | |
| Artificial Judicial Person Eg: University ICAI | Yes | If cross threshold / comes under other conditions mentioned below | Aggregate turnover in Rs. 40 Lakh for supplier of goods And Rs. 20/ 10 Lakh for Service Provider | |
|
The organization listed will be granted a Unique Identification Number (UIN). | |||
| Organization notified under the United Nations (Privileges and Immunities) Act, 1947,
-Consulate or Embassy of foreign countries -Any other person or class of persons as notified by the Commissioner |
——– | ——– | –NA–
—– |
This allows the body to receive tax refund on inward supplies of goods and services
(purchases). |
Other Conditions:
1. The person engaged in the inter-state taxable supply of goods or services or both;
2. A casual taxable person engaged in taxable supply;
3. Persons liable to pay tax under reverse charge mechanism;
4. A person liable to pay tax under section 9 (5) of the Act;
5. The person liable to deduct tax at source (TDS);6. Input Service Distributor;
7. E commerce Operator
8. A person engaged in supplying goods or services or both through e-commerce operator who is required to collect tax at source (TCS);
9. The person engaged in supplying online information and database access or retrieval services from a place outside India to an unregistered person;
10. Persons engaged in the taxable supply of goods or services or both on behalf of another registered taxable person, whether as an agent or otherwis
Disclaimer
The article written is strictly based on the of the author’s study and analysis of the subject. The contents of this article are solely for informational purpose. It does not constitute professional advice or recommendation of author.
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