important topic of gst

1. REGISTRATION
GOODS AND SERVICES TAX
BY :- Ayushi jain

2. MEANING
Registration is the most fundamental requirement for the identification of the taxpayer tp ensure the tax
compliance in the economy. Registration of any business entity implies obtaining a unique GSTIN number
from the gst authorities for the purpose of collecting tax from customers on behalf of central government/
state government/ union territory.
It has following advantages to the taxpayer:-
• he will be legally recognised supplier of goods and services.
• seamless flow of credit from the supplier to the recipient at the national level.
•he is legally authorised to collect taxes from the customer.
•He can claim the credit of itc paid on the inward supply and can utilise the same for the payment of any tax
on outward supply.

3. Section 22 registration requirement :-
In accordance with Sec 22 every supplier of goods and services is required to register under GST if its aggregate
turnover exceeds the threshold limit i.e as follows:-
Aggreagate turnover in states other than special
category states
20 lakhs
Aggaregate turnover in special category states
( Nagaland, Tripura, Meghalaya, mizoram)
10 lakhs
Aggregate turnover for this purpose includes:-
Taxable supplies (also includes outward supply under RCM)
Exempt supplies
Inter state supply of goods and services
Export of goods amd services
Taxable supply made by the taxable person whether on the account of himself or principle

4. However It does not include the following:-
Inward supplies under Rcm
Any amount of gst
Job work supplies

5. Sec -23 Persons that are not liable to register:-
• Persons exclusively engaged in making exempt supplies.
• Persons exclusively engaged in making taxable supplies on which gst is payable under Rcm
• Agricultarists
• Person exclusively engaged in making supply of goods and aggregate turnover doesnot exceed 40 lakhs
rupees, However in this there are certain more comditions that are needed to be satisfied:-
1. Person exclusively engaged in making supply of goods
2. Aggregate turnover does not exceed rs 40 lakh
3. He is not enagaed in making supply of certain goods that is pan masala, tobacoo, ice cream, aerated water.
4. He is not engaged in intra state supply in certain states i.e.
5. He has not opted for voluntary registration
6. Compulsary registration under sec 24 is not required

6. Sec 24 Compulsary registration (registration is required even if the the turnover of the supplier does not
exceed the threshold limit of 20 lakh or 40 lakh as the case may be :-
• Engaged in interstate supply of goods ( interstate supply of handicraft goods in exempted)
• Person who is engaged in making the supply on which gst is payable under rcm
• Non resident taxable person
• Casual taxable person
• Person who is deducting TDS
• ISD
• Ecommerce operator

7. Procedure for registration:-
steps explaination
Verification before registration Every person before applying for registration shall declatre his basic info such as name
address etc in part a gst reg -01.
Temporary reference number On the succesful verification a temprary reference number will be generated that shall
be communicated to applicant in his registered mobile no, email id.
Filing of application By using that reference no the applicant shall file the application electronically in part B
of GST reg -02 along with the verified documents.
Generation of acknowledgement no After successful filling of application an acknowledment will be generated electronically
in GST reg -02
Examination of application The application shall be forwarded to the proper officer for further examinationif it is
found in order the proper officer shall approve the grant of registartion with 3days of
filing the application
But if the application is found to be deficient he will issue a notice in GST reg - 03 to the
applicant within 3 days of filing an application seeking explaination thereto.
The applicant is required to file an explaination within 7 days of reciept of such notice in
GST reg -04
If the proper officer is satisfied with an expalination he will approve the grant of
registrarion with 7 days of recieveing such explaination in GST reg -06, if not he will
reject the application in Gst reg - 05

8. Issue of registarion certificate When the proper officer is satisfied with an
application he will approve the grant of registratio
sand will issue the certificate of registartion in GST
reg – 06 that will specify th e principal place of
business and additional place of businee of any and
GSTIN i.e. goods and services identification no:-
It is a 15 digit no :-
2 entity code
10 tan/pan
2 state code
1 ckecksum character

9. Other important info:-
Effective date of registration:-
The supplier of goods and services an any other person becomes liable to register the day he exceeds
the threshold limits of rs 20 lakhs and 10 lakhs as the case may be, if such supplier applies for the
reistrarion within 30 days of the date he becomes liable to register then the effective date of
registrarion will be the date on which he has become liable to register.
If not then the effective date of registrarion shall be the date of issue of certificate of registration.