Goods and Services Tax Registration Overview

These flashcards cover the key points related to registration under Goods and Services Tax (GST) based on the provided notes.

What are the key characteristics of GST registration in India?

Registration is PAN-based and state-specific, with one registration per state/UT; businesses can obtain separate registrations for multiple places of business.

What is the GST identification number called?

GSTIN, which is a 15-digit number provided upon registration.

How is registration under GST structured in terms of tax liability?

A single registration covers all taxes: CGST, SGST/UTGST, IGST, and cesses.

What are the threshold limits for GST registration in Manipur, Mizoram, Nagaland, and Tripura?

The threshold limit is ₹10 lakh for suppliers of goods and/or services.

What is the threshold limit for GST registration for suppliers in Jammu and Kashmir and other states?

The threshold limit is ₹20 lakh for suppliers of services and both goods and services, and ₹40 lakh for suppliers of goods in Intra-State.

Who is classified as a casual taxable person?

A person who has registered business in one state but wants to supply from another state where they do not have a fixed place of business.

How long does a person have to apply for registration after becoming liable?

They must apply within 30 days from the date they become liable.

What is the effective date for registration of a non-resident taxable person?

It is the date specified in the registration application upon fulfilling the procedures.

Under what circumstances can a registered person apply for cancellation of registration?

For reasons such as business discontinuation, contravention of provisions, or if they have not commenced business within 6 months from registration.

What happens if a registration is cancelled suo-motu by the proper officer?

The taxable person can apply within 90 days to revoke the cancellation, provided they rectify the defaults.