Prawn sale commission

thotasrinivas (-----) (301 Points)

10 July 2017

commission agents on sale of prawn/fish are required to register GST?

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Karan Batra (Creator: TheProTalks) (2325 Points)
Replied 02 August 2017

GST registration is mandatory for-

Any business whose turnover in a financial year exceeds Rs 20 lakhs (Rs 10 lakhs for North Eastern and hill states).

[Note: If your turnover is supply of only exempted goods/services which are exempt under GST, this clause does not apply.]

Every person who is registered under an earlier law (i.e., Excise, VAT, Service Tax etc.) needs to register under GST, too.
When a business which is registered has been transferred to someone/demerged, the transferee shall take registration with effect from the date of transfer.
Anyone who drives inter-state supply of goods
Casual taxable person (see below)
Non-Resident taxable person (see below)
Agents of a supplier
Those paying tax under the reverse charge mechanism
Input service distributor (see below)
E-commerce operator or aggregator
Person who supplies via e-commerce aggregator
Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person