Sec-22 : Person Liable for Registration :
- Aggregate turnover > Rs20 Lakhs
º Special Category States, Aggregate turnover > Rs10 Lakhs
º What is Aggregate turnover?
- Taxable Supplies + Exempt Supplies + Exports + Inter State Supplies
- Taxable supplies does not include Alcoholic Liquor for human consumption
- Cocktails
- Will it include turnover on which tax needs to be paid under reverse charge?
- Specific exclusion of inward supplies liable under reverse charge basis
- Registration is required in the State from which he makes taxable supply.
- GST is destination based tax, tax goes to the “destination” State but registration is in the “Origin State”.
- Person registered / licensed under erstwhile law on day immediately preceding the appointed date.
- Transfer of Business –Transferee to obtain registration in case of
- Sale
- Succession
- Amalgamation or De-merger