Chart 6 - Registration Flashcards
Taxable person
A person who is registered or liable for registration u/s 22/24 of CGST Act, 2017
Sections of registration
22- person liable for registration
23- person not liable for registration
24- compulsory registration
25- procedure for registration
26- deemed registration
27- special provision for CTP & NRTP
28- Amendment of Registration
29- cancellation/ suspension of registration
30- Revocation of cancellation
Section 24
Notwithstanding anything contained in section 22(1), following persons are required compulsory registration
-INERTIA EOE
1. Person making interstate taxable supply 2. CTP/ NRTP making taxable supplies 3. Person required to pay tax u/s 9(5) 4. Person required to pay tax under RCM 5. TDS deductors 6. ISD 7. Agent supplying on behalf of principals 8. ECO who is required to collect TCS 9. Overseas OIDAR Supplier to URP 10. Person supplying through ECO, other than supplies u/s 9(5) who is required to deduct TDS
Section 23
- Supply wholly exempt goods/ agriculturist
- Supply Notified goods
Panmasala, ice cream, tobacco, cocoa, flyash stuff, bricks of fossil meals, building bricks, roofing tiles
Registration limit
10L 20L
Manipur Arunachal pradesh
Mizorum Meghalaya
Nagaland Sikkim
Tripura Uttharakhand
Puducherry
Telangana
Goods 40L/ service + goods- 20L
Assam
Jammu & Kashmir
Himachal pradesh
Section 22
22(1) liable
22(2) person registered under existing law
22(3) Transferee/ successor
22(4) transferee in case of Demerger
Computation of Aggregate Turnover
(+) TIEE
Taxable supply
Interstate supply
Exempted supply
Export
(-) RCM
(-) inward supply
(-) GST
Section 26
Granted/ rejected under SGST/ UTGST Act
deemed Granted/ rejected under CGST Act
Section 27
27(1) - period specified in application
(Or) 90 days
Whichever earlier + 90 days provided with sufficient cause
27(2)- advance deposit of estimated
tax
+ additional deposit for additional period
27(3)- adance tax credited to electronic ledger
Section 30
30(1)- within 30 days + 30 days + 30 days
30(2)- p.o either revoke or reject
30(3)- Revocation under SGST/UTGST is deemed Revocation under CGST
Section 25
25(1)- CTP/NRTP- Atleast 5 days prior commencement
SEZ - separate registration
25(2)- separate registration for each place of business
25(3)- voluntary registration
25(4)- Multiple registrations - distinct persons
25(5)- establishment in another state Distinct persons
25(6)- should have PAN, TAN issued with it. Hence eligible for grant of registration
25(7)- NRTP alternate prescribed means of identification
25(8)- liable person, failed to register- proceed to register as prescribed
25(9)- UIN instead of PAN
25(10)- Registration/ UIN shall be granted or rejected
25(11)- certificate of registration
25(12)- registration/ UIN granted in SGST/UTGST Act is deemed to have in CGST Act
Section 29
29(1)- cancel- death of person
a. Discontinuation, amalgamation
b. Change in constitution
c. No longer liable to pay tax
29(2)- p.o may cancel if
a. Acted against law
b. Sec 10- not paid 3 consecutive tax period
c. Other tax payers not paid 6 months
d. Voluntary registration- No commenced business for 6 months
e. Fraud
29(3)- cancellation doesn’t affect liabilities/ dues
29(4)- deemed cancellation if cancellation under SGST/UTGST
29(5)- Cancelled registration - pay amt
29(6)- payable at calculated prescribed manner u/s 15
What are the core fields of amendment of registration
1.Legal name of businesses
2.Address of place of business/ additional PoB
3.Addition/ deletion/ retirement of partner, director, karta, managing committee, board of trustees, CEO- responsible for day to day affairs of business which doesn’t need cancellation
What are the non core fields of amendment
Mobile no., email ID, etc. Doesn’t need approval.
Change in constitution resulting in PAN change
Apply new registration
