Persons Liable to obtain GST Registration & Compulsory Registration

• May 1, 2020
• CA Chandan Agarwal's Office

Provisions relating to persons liable for obtaining GST registration and provisions relating to compulsory GST registration are contained under section 22 and section 24, respectively, of the Central Goods and Service Tax (CGST) Act, 2017. The current article explains both the aforesaid provisions.

Person Liable For Obtaining GST Registration

As per section 22 of the Central Goods and Service Tax (CGST) Act, 2017 following list of persons are liable for obtaining GST registration –

1. Supplier engaged in exclusive supply of goods and whose aggregate turnover in the financial year exceed forty lakh rupees, is required to obtain GST registration in the State or Union territory from where the supply is initiated, (notification No. 10/2019-Central Tax, dated 07.03.2019)

2. In case of special category states, supplier engaged in providing a taxable supply of goods are required to obtain GST registration in case the aggregate turnover exceeds INR 20/10 Lakhs in a financial year.( Some special catehgory states ie Puducherry, Meghalaya, Mizoram, Tripura, Manipur, Sikkim, Nagaland, Arunachal Pradesh, Uttarakhand opted for turnover limit of Rs 20 Lakhs whilst Kerala and Telangana maintained status Quo- limit of Rs 10 Lakhs )

Read on me: https://taxguru.in/goods-and-service-tax/compulsory-gst-registration-persons-liable.html