Every person shall be liable to register under GST in the State or Union territory from where he makes a taxable supply of goods or services or both if his aggregate turnover in a financial year exceeds Rs 20 lakhs. This limit of Rs 20 lakhs is reduced to Rs 10 lakhs if the person is located in the North Eastern states of India.
‘Person’ here includes individuals, HUF, company, firm, LLP, an AOP/BOI, any corporation or Government company, a corporate body incorporated under laws of the foreign country, co-operative society, local authority, government, trust, artificial juridical person.
1) Who is liable to Register under GST?
- Any business whose turnover in a financial year exceeds Rs 20 lakhs (Rs 10 lakhs for North Eastern and Hill states)Every person who, is registered or holds a license under an existing law
- When a business which is registered has been transferred to someone/demerged, the transferee shall take registration with effect from the date of transfer
- Persons making any Inter-State taxable supply
- Casual taxable persons making a taxable supply
- Persons who are required to pay tax under reverse charge
- E-Commerce operator or aggregator
- Person who supplies via e-commerce aggregator
- Non-resident taxable persons making a taxable supply
- Agents of a supplier
- Input service distributor
- Every person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered person
2) Who is a Casual taxable Person?
Casual taxable person means a person who occasionally undertakes transactions involving the supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business.
E.g A person having a place of business in Bangalore providing services in Hyderabad (where he has no fixed place of business) will be treated as a casual taxable person in Hyderabad.
3) Who is a Non-Resident taxable person?
Non-resident taxable person means any person who occasionally undertakes transactions involving the supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India.
4) Who is an Input Service Distributor?
“Input Service Distributor” means an office of the supplier of goods or services or both which receive tax invoices on receipt of input services and issues tax invoices for the purpose of distributing the credit of CGST/SGST/IGST paid on the said services to your branch with same PAN.
5) Who is not liable to register?
- Any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act;
- an agriculturist, to the extent of supply of produce out of cultivation of land
6) Timelines for registration:
Every person who is liable to be registered shall apply for registration in every such State or Union territory in which he is so liable within thirty days from the date on which he becomes liable to registration.
A casual taxable person or a non-resident taxable person shall apply for registration at least five days prior to the commencement of business.