GOODS AND SERVICE TAX – MODULE 5
LECTURE NOTES – VIRTUAL TEACHING
1. Who all are liable for GST registration ? ( sec – 22)
Ans : 1) all supplier is liable to be registered except special category states like
Assam , Himachal Pradesh , Manipur etc .
2) every person who , on the day immediately preceding the appointed
day is registered or hold a license under an existing law , shall be liable to be
registered under this act with effect from the appointed day .
3) where a business carried on by a taxable person registered under this
act is transferred whether on account of succession or otherwise , to another
person as a going concern, the transferee or the successor ,as the case may be
shall be liable to be registered .
4) in the process of amalgamation or demerger of two or more company
, the transferee ( person who receive the property) shall be liable to be
registered .
2. Who all are not liable for registration ?
Ans : 1) any person engaged exclusively in the business of supplying goods
or services or both are not liable to tax or wholly exempted from tax under
this act .
2) an agriculturist , to the extent of supply of produce out of
cultivation of land .
3) the govt may on the recommendation of the council by notification
specify the category of person who may be exempted from obtaining
registration under this act .
3. Who all are required to make compulsory registration under GST ? (sec –
24)
ANS : 1) person making any inter state taxable supply
2) casual taxable person making taxable supply
3) person who are required to pay tax under reverse charge .
4) non resident taxable person making taxable supply
5) every electronic commerce operator
6) such other person or class of person as may be notified by the
government on the recommendation of council .
4. What are the procedure for registration under GST ?
ANS : 1) every person who is liable to be registered under sect 22 & 24 shall
apply for registration .
2) a person seeking registration under this act shall be granted a single
registration in a state or union territory
3) a person though not liable to be registered under sec 22 & 24 may
get himself registered voluntarily ( self register )
4) a person who has obtained more than one registration whether in
one state or union territory will be treated as distinct person for the
purpose of the act .
5) if a person is having a registration in one state or union territory in
respect of an establishment , and has ban establishment in another state or
union territory then such establishment shall be treated as establishment
of distinct person for the purpose of the act .
6) every person shall have a permanent account number issued under
the income tax act .
7) a non resident taxable person may be grant registration on the basis
of such documents as may be prescribed
8) the registration or the unique identification number shall be granted
or rejected after due verification
5. Explain GSTIN ?
ANS : All registered taxpayers will get consolidated into one single platform
for compliance and administration purpose and will be assigned registration
under a single authority . it is expected that 8 million taxpayers will be
migrated from various platform into gst .
All of the businesses will be assigned a unique goods and service tax
identification number ( gstin )
6. Explain the structure of GSTIN ?
ANS 22 AAAAA0000A 1 Z 5
22 – STATE CODE
AAAAA0000A – PERMANENT ACCOUNT NUMBER ( PAN)
1 – ENITITY NUMBER
Z –BY DEFAULT
5 –CHECK CODE
• The first digit will be a state code
• The next ten digit will be PAN number of the taxpayer
• The thirteenth digit is the number of registration within a state
• The fourteenth digit will be Z by default
• The last digit will be a check code , it may be an alphabet or a number
7. Explain the procedure for cancellation of registration ?
Ans : 1) the proper officer has the reason to think that the registration of a
person is to be cancelled as per the concerned section , he shall issue a
notice to such person , requiring him to show cause , within a period of 7
working days from the date of service of such notice , as to why this
registration shall not be cancelled .
2) the reply of the above shall be in the FORM REG – 18 within the
prescribed period .
3) the proper officer shall issue an order in FORM GST REG -19
cancelling the registration , within a period of 30 days from the date of
application .
8. What are the different types of assessment ?
Ans : 1) self assessment : every registered person shall self assess the tax
payable under this act and furnished a return for each tax period .
2) provisional assessment : where the taxable person is unable to
determine the rate of tax applicable , he may request the proper officer and
the proper officer shall pass an order within a 90 days from the receipt of such
request .
3) scrutinity of return : the proper officer may check the return of the
registered person to verify the correctness of the return .
4) Assessment of non – filers of return : Where a registered person fails to
furnish the service ,the proper officer may proceed to assess the tax liability of
the said person to the best of his judgment .
5) Assessment of unregistered person : Where a taxable person fails to
obtain registration even though liable to do so or whose registration has been
cancelled. But who was liable to pay tax , the proper officer may proceed to
assess the tax liability of such taxable person to the best of his judgement for
the relevant tax periods and issue an assessment order within a period of five
years from the date specified for furnishing of the annual return for the
financial year to which the tax not paid relates
9. What do you mean by e – way bill ?
Ans : under gst , transporters should carry an e way bill when moving goods
from one place to another when certain condition are satisfied . when an e-
way bill is generated a unique e-way bill number is allocated and available to
the supplier .
