Failed to get GST registration

a firm is failed to get registered under GST with in 30 days from the date when turnover crossed threshold limits. Around 9 months elapsed from that day. Now they want registration...

1. Can they get registration certificate now....guide me pls ?

2. What are the consequences for not registered with in 30 days.....?

3. Chances of issue of demand notice ?

4. Pls specify penalties etc ...
Replies (5)
Quick Summary
This discussion addresses a firm that missed the 30-day deadline for GST registration after crossing the turnover threshold, now nine months late. It clarifies that late registration is possible, often requiring payment of back taxes and interest. Penalties, as per Section 122(xi) of the CGST Act, can include ₹10,000 or the amount of tax evaded, whichever is higher, potentially doubled for CGST and SGST.

1) yes ....... may be after payment of demand.

2) As per section 122(xi) of the CGST Act , you may impose penalty of Rs ten thousand  ten thousand  or amount equivalent to the tax evaded which ever is higher.

3) As per the Sr No 2 .

4) As per Sr.No 2 . may  be  ( CGST  10000/- + SGST 10000/- ) or  tax  evaded  whichever is higher . 

What is the best advice you can give for above case pls ?
If you are liable for GST registration long back , then it's better to apply for registration now .
Can I go for voluntary registration in this case ?

GST registration in India even after the 30-day window has passed. However, please note that tax regulations can change, so it's essential to refer to the latest guidelines or consult with a tax professional for the most accurate and up-to-date information.

Here are the general steps a firm can take to obtain GST registration after the 30-day window has passed:

  1. Submit Application: Even though the firm has crossed the threshold turnover more than nine months ago, they can still apply for GST registration. They should submit an application using Form GST REG-01 through the official GST portal

  2. Provide Reason for Delay: In the application, the firm should provide a valid reason for the delay in obtaining GST registration within the initial 30 days. The reason could be related to administrative issues, lack of awareness, or any other justifiable cause.

  3. Payment of Tax and Interest: The firm might be required to pay any applicable tax liability and interest for the period during which they should have been registered. The interest rate and calculation methods are defined in GST law.

    For further more detailed information on this topic visit:GST Registration

    To read more such trending content, visit Swipe Blogs.

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