Goods And Services Tax

Aggregate turnover is the aggregate value of all taxable and exempted supplies of goods and services whether it is inter-state, intra state or export supplies of assessees having the same PAN and the same shall be computed on an all-India basis. However, aggregate turnover doesn’t include the following:

1. the value of inward supplies on which tax has to be paid under the reverse charge mechanism.
2. any tax charged under this act i.e., CGST, SGST, IGST and Cess.

1. Login to the GST portal
2. Go to Dashboard – Services – Registration – Amendment in core fields
3. Go to place of business tab and fill in the details of the new place of business.
4. Upload the documents such as rent agreement along with electricity bill in case the premises is rented or documents of ownership in case the premises is self-owned.
5. Save the application and then submit the same with DSC in case of companies or EVC in case of individuals.
6. Once the application is filed, the officer has a maximum of 15 days to either approve the application or raise a query in case of any doubt.

The Goods and Services Tax (GST) , was introduced in India on 01st July 2017 , with a view to have a “One Nation One Tax” regime. Following taxes have been subsumed in GST:

(A) Taxes levied and collected by Centre :
1. Central Excise duty
2. Duties of Excise (Medicinal and Toilet Preparations)
3. Additional Duties of Excise (Goods of Special Importance)
4. Additional Duties of Excise (Textiles and Textile Products)
5. Additional Duties of Customs (commonly known as CVD)
6. Special Additional Duty of Customs (SAD)
7. Service Tax
8. Central Surcharges and Cesses so far as they relate to supply of goods and services

(B) Taxes levied and collected by State’s/UT’s :
1. State VAT
2. Central Sales Tax
3. Luxury Tax
4. Entry Tax (all forms)
5. Entertainment and Amusement Tax (except when levied by the local bodies)
6. Taxes on advertisements g. Purchase Tax
7. Taxes on lotteries, betting and gambling
8. State Surcharges and Cesses so far as they relate to supply of goods and services

The GST registration certificate is issued in Form GST REG-06. The GST Registration Certificate includes the GST Number (GSTIN) and key details of the registered business name, address, and date of registration of business are displayed. The second page shows the details of additional place of business and the third page shows the detail of person in charge of the business.

The process to get the GST registration certificate is as follows :

1. Visit GST India Protel at http://www.gst.gov.in;
2. Click on the “Login” button;
3. Enter the ‘Username’ and ‘Password’ along with the captcha code in the relevant field and click ‘Login’;
4. On the dashboard, go to ‘Services’ then ‘User services’ and then click on ‘View/Download Certificate’;
5. Click on ‘Download’ icon on the screen to download the GST certificate.

Yes, In GST regime export of goods and services is considered as Inter- state Supply and as per section 24 of CGST Act every person who engages in inter state supply of goods or services is required to take compulsory registration. However as per Notification No .10/2017- Integrated Tax dated 13th Oct 2017 central government has exempted the inter state supplier of taxable service having aggregate turnover not exceeding INR 20 Lakh from the compulsory requirement of registration . Further limit of INR 20 Lakh will be taken INR 10 lakh in case of special category state.