INTRODUCTION
A person who supplies taxable goods or services from time to time in a taxable Territory where he does not have a fixed place of business comes under the criteria of the Casual Taxable People. The casual taxable person can act as a Principal or agent or in any other capacity to supply goods or services for the business purpose.
REGISTRATION
The accountability to register under GST is when the person is a supplier and the lump turnover of the ongoing financial year is above the threshold limit of 20 lakh rupees. In certain cases, there are categories of suppliers who have to undergo compulsory registration irrespective of their annual turnover. The minimum limit of 20 lakh rupees is not applicable to them. One such supplier is known as a Casual Taxable Person . A Casual Taxable person cannot opt for a Composition Scheme.
A Casual Tax People has to obtain a Temporary Registration which is valid for a maximum period of 90 days in the State from where he seeks to supply as a Casual taxable person. A Casual Tax People have to make the advance deposit of GST depending upon estimation of tax liability.
REGISTRATION PROCESS DOCUMENTS
- PAN Card of the Business Applicant
- Identity proof of promoters
- Address proof for place of Business
- Bank Account Proof
EXTENSION TIME OF REGISTRATION
Always Apply in the FORM number GST REG-11 before the end of validity date of registration. An extension can be made for a further period not extending for more than 90 days. The extension will be allowed only on deposit of additional tax liability for the extended period.
RETURNS TO BE FURNISHED
The casual taxable person is required to implement the following returns
| FORM | DUE DATE |
|---|---|
| FORM GSTR-1 ( Details of outward supplies of goods or services) | On or before the 10th of the following month |
| FORM GSTR-2 ( Details of inward supplies) | After 10th but before the 15th of the following month |
| FORM GSTR-3 | After 15th but before the 20th of the following month |
The difference between a casual tax person is that they are not supposed to file an annual return as required by a normally registered taxpayer.
- Fill up the Part A of GST Registration Form-1 by under Professional guidance.
- Always have a reference number via email and mobile number.
- Fill Up the second part of the registration form and upload the below documents as per the business entity.
- Finally, a Certificate of Registration has been issued by the Government of yo always need a Professional like CA/GST Consultant to Choose the Right AO Code & Proper HSC Code for your registration with Proper Documents. so Always take services from Certified GST Consultant which will help you to get done GST Registration Online.