Check GST Applicable to Me or Not?

From 1st July 2017 the government is going to take a start for GST.

Now our tax laws will suffer from many historic changes, and the most important change that will happen is that a new tax i.e. Goods and Services tax is going to take the place of many other taxes like VAT, excise duty and service tax and some local & state tax laws.

Far reaching impact has been expected by the GST. The goods and services tax will impact definitely if you will run a business or provide services.

Business to which GST applies

Trade, commerce, manufacturing, profession and many other similar activities irrespective of volume and frequency. The GST includes supply of all the goods, services for the starting as well as for the closure of a business. Things other than the goods are included in the services. But the rate varies differently for the goods and services.

Person to which GST applies

All individuals, HUF, Company, Firm, LLP, AOP, Society, Trust, Co-operative society and to many other persons. But this tax is not applicable to the Agriculturists.

Here the word Agriculture includes horticulture, floriculture, sericulture, rising of crops etc. But it does not include the dairy farming, poultry farming, stock breeding, rearing of seedlings and gathering of fruits.

How the registration of GST can be done:

There is requirement of PAN to get register under the GST or we can say to obtain the GST registration. Whereas non-resident person can get the registration on the basis of other documents but with the condition and documents that may be prescribed by the government.

Online GST Registration procedure

Online registration of GST can be done through the portal maintained by the Central Government or by the State Government. The applicant would have to submit an online application for GST registration by using the Form GST-1 along with the detail of goods and services to be dealt.

Cases for which registration of GST is required;

Turnover Basis

When the aggregate turnover of the person exceeds Rs.20 lakhs in the financial year then the he need to collect and pay the GST. The limit up to Rs.10 lakhs is also applicable for some special category states. For the payment of GST, these all limits apply.

“Aggregate turnover” means the aggregate value of all taxable supplies, exempt supplies, exports of goods and/or services and inter-State supplies of a person having the same PAN, to be computed on all India basis and excludes taxes, if any, charged under the CGST Act, SGST Act and the IGST Act, as the case may be.

Other Cases (irrespective of turnover)

  • The person those who make inter-state supply of goods and services require GST registration
  • Registration issued to any person who supplies goods and services but do not have any fixed place of business in India, is valid only for a period of 90 days. These persons are known as non-resident taxable persons.
  • Registration issued to the any person who supplies goods and services in a taxable territory but do not have any fixed place of business, is valid only for a period of 90 days. These persons are known as casual taxable persons.
  • Agents or any other person who makes supply on behalf of other registered taxable person require GST registration.
  • E-Commerce Operator also requires the GST registration.
  • The person those who supply the e-commerce operator also requires the GST registration.
  • Persons those require to pay tax under reverse charge mechanism. This tax means that here the person receiving the goods and services has to pay tax whereas not the supplier of the goods and services.
  • Distributors or input service distributors also require the GST registration. This is person has same PAN as of supplier. He acts as an officer of the supplier. He issues tax invoices to distribute the credit of CGST/ IGST/ SGST.
  • The Aggregators those who supply the services under his brand name require GST registration.
  • Those persons who supply online information and database access or retrieval services from a place outside India to a person in India.

About the Author
Arpit Goyal is pursuing CA and B.com & also working as an article assistant in Gurgaon. He has an immense interest in Taxation. He loves to use technology to spread knowledge about taxation & accounts.

Categories GST

6 thoughts on “Check GST Applicable to Me or Not?”

  1. Will you pls explain the registration process and other requirements for those who were not register earlier in any law but require to register under GST due to turnover criteria.

  2. GOOD KNOWLEDGE. THANKS. A QUERY — LIMIT OF MUTUAL FUND COMMISSION AFTER WHICH A MUTUAL FUND AGENT IS REQUIRED TO REGISTER FOR GST AND PAY GST?

  3. Dear Sir,

    I am workinf in travel trade & working as accounts executive. I want to work symontaniously,as lancerfree in travel trade/ goods supply viz ticket made for customers & material supply. I want to apply for GST registeration as Indiviual/ Proprietor. Please suggest which forms I have to fill & where to submit whith fee.

  4. Sir

    Kindly update works contractor who is at present under composite scheme and whose turnover is more than 50 lakhs.

    Under GST how to proceed ?.

  5. Does service exporters are required to be registered? In that case do they have to pay GST on export turnover?

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