Bimal Jain
Quick Summary
1. No need to take registration for the Specified category of persons exempted from obtaining GST registration It has been proposed to amend Section 23(2) of the Central Goods and Services Tax Act, 2017 (the CGST Act) with a non-obstante clause, that too retrospectively applicable w.e.f July 1, 2
Daily Limit Reached
You have reached your daily limit of 2 Free Articles
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
Persons who are otherwise required to register under Section 22(1) or Section 24 of the CGST Act, but are exempted from obtaining GST registration, will no longer need to register. This applies retrospectively from July 1, 2017.
No, the 30-day time limit for applying for revocation of GST registration cancellation has been removed. Registered persons can now apply for revocation within a prescribed manner, time, and subject to conditions.
The period to furnish Form GSTR 3B or Form GSTR 10 under best judgment assessment has been increased from 30 days to 60 days. An additional 60-day extension is possible with a late fee.
The GSTAT will have a Principal Bench in New Delhi and State Benches in every state. The Principal Bench will handle issues related to the place of supply, while State Benches will hear other appeals.
The place of supply for services of transportation of goods (excluding mail or courier) will now be the location of the recipient of the services, rather than the destination of the goods.
CAclubindia
