Registration requirements under GST

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The registration liability under proposed GST is on every person whose aggregate turnover exceeds 9 lac / 4 lac. Aggregate turnover to include all taxable, non taxable, exempt and zero rated turnover. 
However a person who exclusively makes supplies of exempted and/or non taxable goods and/or services, no registration is required.
Therefore, this requirement cause substantial increase in registration.

1.Registration requirement under GST is linked to aggregate turnover

2. Aggregate turnover means aggregate value of all taxable , non taxable, exempt supplies and exports of goods and services of a person having same PAN to b computed on all India basis

3. If aggregate turnover in a year exceeds 9 laksh ( 4lakhs for NE states including sikkim) then every supplier making taxable supplies from a State shall get himself regd in that state

4. No regn reqd if aggregate turnover consists of goods and services not liable to tax

5. Existing dealers other than input service distributor to follow prescribed procedure and need not get regd afresh under GST

6. Following persons need to get regd compulsorily irrespective of aggregate turnover:
A. Persons making inter state taxable supply
B. Casual taxable person
C. Person liable to tax under reverse charge
D. Non resident taxable persons
E. Persons who supply goods and or services on behalf of other regd taxable persons
F. Persons who supply goods and or services other than branded services through an e commerce operator
G. Every e commerce operator
H. An aggregator

7. Other persons liable to compulsory registration
A. Person required to deduct tax
B. Input service distributor
C. Notified persons

8. Every person liable to registration in a state shall apply as such within 30 days of becoming liable

9. Separate registration for different business verticals may be obtained

10. Voluntary registration is also allowed

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Written By: SOURAV BAGARIA