11 May 2024
dear sir/maam I am a student of CA Intermediate My query is that the language both the sections 22 (turnover based registration) and 24 (compulsory registration) of CGST act,2017 indicate towards schedule 1 para 3 agents as CBIC has clarified that wherever the phrase "on the behalf of principal" is present it is to be interpreted as sch 1 para 3 agents however the circular does not mention anything specifically about "taxable supplies on behalf of taxable persons".
So which type of agents are referred to in section 22:- 1) if they are sch1 para 3 agents then section 22 and 24 conflict with each other 2) if they are not sch1 para 3 agents then section 22 and CBIC's clarification conflict with each other.
please guide and correct if I am incorrect in my understanding
CAclubindia
