REGISTRATIONLi ity to take Registration Y One registration in each State even if the PAN is same. Y Noconcept of Centralized registration.[Section 23 (1) Y Facility for a separate registration for each business vertical is given to a person having multiple business verticals within a State. [Section 25 (2) Where a person who is liable for registration, doesn’t apply for registration, tax authority can proceed to register such person e.g. granting temporary registration granted in enforcement cases which later on converted into a PAN based registration. (Section 25(8}Who is liable to be registered * 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. + For certain businesses, registration under GST is mandatory irrespective of aggregate turnover * If the organisation carries on business without registering under GST, it will be an offence under GST and heavy penalties will apply.Meaning of Aggregate Turnover + “Aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), * Exempt supplies, exports of goods or services or both + And inter-State supplies of persons having the same Permanent Account Number, * To be computed on all India basis * But excludes central tax, State tax, Union territory tax, integrated tax and cess.Compulsory Registration Every person who is registered under an earlier law (Le, Exclge, VA, Service Tax ete) When a business which is registered has been transferred to someone/demerged, the transferee shall take registration with effect From date of transfer ‘Anyone who drives inter-state supply of goods/services Casual taxable person Non-Resident taxable person ‘Agents of a supplier “Those paying tax under the reverse charge mechanism: Now exempted Input service distributor E-commerce operator Person who supplies via e-commerce operators 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, ‘No lability for registration, if person engaged exclusively in the business of supplying goods / services not liable to tax/wholly exempt. Exemption is granted to small service providers from registration if aggregate turnover is less than 20/10 Lakhs even if they are making interstate suppliesWho is a Casual Taxable Person? *A person who occasionally supplies goods and/or services in a territory where GST is applicable but he does not have a fixed place of business. Such a person will be treated as a casual taxable person as per GST. * Example: A person who has place of business in Bangalore supplies taxable consulting services in Pune where he has no place of business would be treated as casual taxable person in Pune.Who is a Non-Resident Taxable person? *When a non-resident occasionally supplies goods/services in a territory where GST applies, but he does not have a fixed place of business in India. As per GST he will be treated as a non-resident taxable person.Special registration for casual taxable person and non-resident taxable person (section 24) * A casual taxable person or a non-resident taxable person shall apply for registration at least five days prior to the commencement of business * Casual/non-resident taxable person may obtain a temporary registration for a period of 90 days (extendable for additional 90 days). * Casual/non-resident taxable person, will be required to make advance deposit of GST (based on his estimated tax liability).Time Limit for applying for registration * Every person has to apply for registration in every State in which he is liable, within thirty days from the date on which he becomes liable to registration. * Casual/ non-residents should apply at-least five days before their commencement of business. * The assessee must obtain separate registration for each State, as registration under GST will be State-wise, * The assessee has an option to obtain separate registration for each of the ‘business vertical’ in the same State.What are the documents/details required to register under GST? Vel an ote pone rnb © oom @ FR BD istration Prescribed documents and Atleast one Propriator Partner / information on all mandatory Director / Trustee /Karta / Member fiekds of Registration Application with corresponding PAN Poe ot business Qa ‘An authorised signatory who is resident of India with vali details, inekuding PAN Valid bank account number from india Indian Financial System Code (FSC) number of the same bank and branch