GST Registration

Standard Operating Procedure
GST Registration
CA. Kapil Mittal

Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration

CBEC recently issues SOPs for verification of taxpayers where GST registration has been granted on deemed registration basis. As per revised procedure, at the time of filing of application of GST registration, Aadhar Authentication should be done for Authorised signatory. For this purpose, Aadhar Number is used as a common Unique Identification number which helps in linking statutory information available on different portals such as Income tax department, Bank Accounts etc.

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GST Registration Process with Aadhar
Blog
CA. Sachin Jindal

GST Registration Process with Aadhar Authentication

Government is making all the efforts to sync all the statutory information of a person through one common source. For this purpose, Aadhar number is used as a base. Over the period of time, linking of Aadhaar Number has been made mandatory at various places such as Bank Accounts, Income Tax portal etc. In this direction, a minor but the most major change has been made in the GST registration process vide Notification No. 62/2020- Central Tax dated 20th August 2020 with effect from 21st August, 2020.  Under GST also, a new feature of “Aadhaar Authentication” has been added to

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GST Registration
Goods and Service Tax
CA. Sachin Jindal

Everything You Need to Know About GST Registration: Documents Required | Eligibility

Being a goods or service provider, it’s mandatory for you to register for GST in cases annual turnover exceeded the threshold limit specified for GST registration. Businesses failing to register under the GST regime will have to incur heavy fines and penalties.  Here we are going to talk about everything about the GST. Scroll through and learn everything. 1. What is GST Registration? The Goods and Service Tax (GST) applies to all Service providers, traders, and manufacturers etc. The list includes freelancers as well. Basically, GST subsumes a variety of central taxes (like Service Tax, CST, Excise Duty) and State

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GST on monthly subscription received by RWA
GST Registration
CA. Kapil Mittal

GST on monthly subscription received by RWA

CBIC clarified that monthly contribution received by RWA upto INR 7,500/- exempted  from GST, RWA is entitled to take ITC on Capital Goods, Input and input services Central Board of Indirect Taxes & Customs (“CBIC” or “Department”) received various representations regarding ambiguity in complying with provisions of Goods and Service Tax (“GST”) on monthly subscription received by Resident Welfare Association (“RWA”) from its members. Accordingly, CBIC issued circular No. 109/28/2019-GST dated 22nd July, 2019 to provide clarification on following issues related to monthly subscription being collected by RWA. 1. Are the maintenance charges paid by residents to the RWA in a

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State-wise GST registration may not require where importer store goods in multiple states
GST Registration
CA. Kapil Mittal

State-wise GST registration may not require where importer store goods in multiple states

Authority for Advance Ruling, Maharasthra (“AAR”) discussed in the matter of M/s Gandhar Oil Refienery (India) Limited (“Applicant” for brevity) that whether separate registration under GST is required in all such states where applicant is storing goods after import and therefrom applicant is supplying such goods to ultimate customer? Applicant is not having any godown in such states as he is storing goods in port warehouse. He is only having a head office at Mumbai, Maharasthra from where all related activities are carried out such as entering into agreement with supplier, issuance of Letter of credit, receipt of commercial import

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GST Registration mandatory in case of liability under RCM, even if supplies are exempt
GST Registration
CA. Kapil Mittal

GST Registration mandatory in case of liability under RCM, even if outward supplies are exempt

Registration requirement under GST law in case supplier only supplying exempted goods and services, where they are taking services liable to tax under Reverse Charge Mechanism (‘RCM’) has always been a contentious issue. The Hon’ble Authority for Advance Ruling, Maharashtra (‘AAR’) in the case of In Re: Ms/ Jalaram Feeds (GST-ARA-110/2018-19/B-38) vide order dated 10 April 2019 had an opportunity to adjudicate this contentious issue.  The AAR has undertaken a harmonious interpretation of the law and held that liability to pay tax under RCM was a taxable supply and requires registration under GST law, even if there are only exempt

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GST number search by PAN
GST Registration
CA. Sachin Jindal

How to check GST number on GST portal

GST portal provides facility for GST number search by PAN and GST number search by GSTIN on GSTIN portal so that person may not get deceived by using incorrect GST Number. However There is no feature for GST number search by Name on the GSTIN portal. GST portal also provided seperate procedure to GSTIN Search of Dealer opted for Composition Scheme Two method of search GSTIN are as follows. GST number search by PAN GST number search by GSTIN In some cases, supplier or recipient may unintentionally mention his GSTIN incorrect. So, corresponding party may check his GSTIN upfront. 1.

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Cancellation of GST by Officer and Revocation of GST Cancellation
GST Registration
CA. Kapil Mittal

Cancellation of GST by Officer and Revocation of GST Cancellation

Incorporation of penal provision in any kind of statute is a mandate to ensure that applicable person make compliance thereof. Similarly, Goods and Service Tax (“GST”) law provides for various penal action for non-compliance of GST provisions. One of such action is suo-moto cancellation of GST registration by proper officer. 1. Cancellation of GST Registration by proper officer 1.1 Grounds of Cancellation of GST Registration Section 29(2) of Central Goods and Service Tax Act, 2017 (“CGST Act, 2017”) provides for various grounds of suo-moto cancellation of GST registration by proper officer such as: Registered person contravenes provisions of GST Law

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Verification of GST Registration
GST Registration
CA. Sachin Jindal

Verification procedure before granting new GST Registration

Recently Central Board of Indirect Taxes and customs (“CBIC” or “Department”) via circular no. 95/14/2019-GST dated 28th March, 2019 has issued verification procedure before granting new GST registration. Such verification procedure can be taken in following cases. Where the tax payer is seeking another registration within the State although he has an existing registration within the said State Where earlier GST registration has been cancelled by department. 1. Procedure of Verification While granting GST registration, proper officer is required to exercise due care in following lines: Proper officer should compare information given in new registration with particulars of earlier registration

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Who should register for GST

There are two categories of GST registration requirements under GST – turnover criteria and mandatory registration. Threshold limit for GST registration has been extended from 20 lacs to 40 lacs wef from 1st April 2019 Notification 10/2019 – Central Tax dated 7th March, 2019, effective from 1st April, 2019, prescribes that if following two conditions are satisfied, it is not required to obtain GST registration – Person is engaged in supplying of goods; and Aggregate turnover of the person in the financial year is less than INR 40 Lakhs. However, following categories of supplier of goods are required to obtain

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