CA Amit Lath
♠ Threshold for registration on all India Basis Including Exports and Exempted supplies
♠ Mandatorily register within 30 days of applicability otherwise no credit for prior period
♠ Can take voluntary registration even if below threshold limit and once opted would be part of credit chain
♠ Mandatory Registration
♠ Enforcement cases
♠ Vertical Registration
♠ Registration procedure through a common portal named as GST common portal to be set up by GSTN.
♠ Verification of PAN with GSTN and CBDT database before sharing with state/Centre
♠ 3 days to response to application for state/ central authorities. Date of submission of application to be excluded
♠ Email and Mobile no. to be captured, assesse to keep it updated
♠ Mandatory online PAN verification of MD and whole time director/authorized signatory
♠ Multiple states/verticals can be registered in one go
♠ Scanned Documents to be filled for registration
♠ optional submission of latitude and longitude data in respect of principal place of business
♠ PAN is mandatory, In North eastern states where individual income is exempted they also need to take PAN for GST registration.
♠ If Application of registration neither rejected nor query raised within 3 days, Auto approval
♠ If digital Signature mandatory under any law for the assesse then submit registration using DSC.
♠ If no digital signature then sends hard copy, application processed even without receipt, reminder to be sent, not deposited within 30 days, initiation for cancellation, cancellation to have prospective effect.
♠ If either of state or centre refuses to register, No registration will be granted
♠ Speaking order for rejection of application for registration
♠ Casual Dealer
♠ Non Resident Supplier
♠ Compounding Turnover
♠ switching over from compounding schemes to Normal Scheme
♠ Concept of Tax return preparer and Facilitation centre
♠ Migration of existing registration
♠ cancellation of registration
♠ Supply to UN
UN to obtain a unique id, to be inscribed on the invoice of Service Provider, Upload on the portal
Same for govt. authorities / PSU not having output liability.