GST Act 2016, REGISTRATION
By: – CA Akash Phophalia
Goods and Services Tax – GST
Dated:- 18-6-2016<\/p>\n
1. Background
\nModel GST law provides for registration of various persons in different situations. This article aims at enlightening readers about the persons who are required to take registration and other provisions related to registration.
\n2. Threshold Limit
\nIn order to provide relaxation to small suppliers it is provided that every supplier shall be liable to be registered under this act in the State form where it makes a taxable supply of goods or services if its aggregate turnover in a financial year exceeds ₹ 9 lacs. However, this limit is ₹ 4 lacs for the persons conducting business in NE states including <\/p>\n
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\n(d) Non resident taxable persons
\n(e) Persons who are required to deduct tax under section 37 (TDS)
\n(f) Agents
\n(g) Input service distributor
\n(h) Supply of goods or services through electronic commerce operator, other than branded services
\n(i) Every electronic commerce operator
\n(j) Aggregator who supplies service under his brand name or his trade name
\n(k) Other notified persons
\nIn the situation other than above-
\n(l) Suppliers liable to be registered where it makes a taxable supply of goods of services if its aggregate turnover in a financial year exceeds ₹ 9 lacs.
\n(m) Supplier liable to be registered where it makes a taxable supply of goods of services if its aggregate turnover in a financial <\/p>\n
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\nYes
\n9
\nReverse charge – Other than personal use
\nYes
\n10
\nNon-resident persons
\nYes
\n11
\nPersons required to deduct TDS providing intra state supply upto ₹ 9 lacs
\nYes
\n12
\nInput service distributor
\nYes
\n13
\nAgent or the like
\nYes
\n14
\nIntra-state supply upto ₹ 9 lacs
\nAs an agent
\nYes
\n15
\nElectronic commerce operator
\nYes
\n16
\nSupply through electronic commerce operator – Branded or otherwise
\nYes
\n17
\nAggregator – supplying services
\nYes
\n18
\nIntra-state supply – Exempted ₹ 5 lacs
\nIntra-state supply – Taxable ₹ 5 lacs
\nYes
\nAs the aggregate turnover exceeds ₹ 10 lacs.
\n5. Time limit for registration
\nPerson liable to take registration under this act shall be liable to take regist<\/p>\n
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