Who is required to get registered under GST?
1. Any person who carries on any business whose turnover exceeds threshold limit.
Threshold limit has been proposed Rs nine lakhs of aggregate turnover in a Financial year. (Rs. Four Lakhs if the taxable person conducts his business in any of the NE States including Sikkim).
2. Tax payer who is already registered under the present law (i.e. Excise, service tax, VAT/CST etc)
3. Transferee of a business of registered tax payer
4. Persons making any inter-State supply
5. Casual taxable persons
6. Persons who are required to pay tax under reverse charge
When is to require to get registration?
Every person who is liable to be registered, shall apply for registration within 30 days from the date on which he becomes liable to registration.
Where to get registration?
In every such State in which he is so liable to pay tax.
Is separate registration is required for a person having multiple business in a State?
A person having multiple business verticals in a State may obtain separate registration for each business vertical , Note it is optional as word "May" has been used.
Acceptance of registration by one means automatic approval by other
The grant of registration or the Unique Identity Number under the CGST Act / SGST Act shall be deemed to be a grant of registration or the Unique Identity Number under the SGST/CGST Act provided that the application for registration or the Unique Identity Number has not been rejected under SGST/CGST Act.
Amendment of registration
Every registered taxable person shall inform the proper officer of any changes in the information furnished at the time of registration, or that furnished subsequently. The proper officer on the basis of information furnished and after making such inquiry as he may deem fit, approve or reject amendments in the registration particulars in the manner and within such period as may be prescribed:
Circumstances when Registration can be cancelled
The proper officer may, either on his own motion or on an application filed cancel the registration having regard to the circumstances where,—
(a) the business has been discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of; or
(b) There is any change in the constitution of the business; or
(c) The taxable person, other than the person registered is no longer liable to be registered under Schedule III.
Other circumstances when Registration can be cancelled
The proper officer may cancel the registration of taxable person as he may deem fit, where,—
(a) The registered taxable person has contravened such provisions of the Act or the rules made there under as may be prescribed; or
(b) The taxable person has not filed the return for a continuous period of 6 months; or
(c) Any person who has taken voluntary registration has not commenced business operations within 6 months from the date of registration.