press trust of india
New Delhi, June 20: The government Tuesday notified sections in the GST Act dealing with mandatory registration of current indirect tax payers in the new regime.
As many as 18 sections relating to registration of current central excise, service tax and VAT payers with the GST-Network (GSTN) as well as transitional provisions were notified Tuesday.
As a precursor to GST, the Central Board of Excise and Customs (CBEC) has also notified two rules — registration and composition levy.
All the notifications would be effective from June 22. GST, which is to be rolled out from July 1, will unify over a dozen central and state levies into one and all those currently paying such taxes need to migrate to the new system.
The Sections in the Central GST (CGST) Act notified provide for all suppliers, anyone making any interstate taxable supply and every existing licence holder and business entity, to register for GST.
Input service distributors, e-commerce operators and person supplying online information and database access or retrieval service are also required to register.
The provision exempts agriculturists from registration to “the extent of supply of produce out of cultivation of land”.
It also exempts “any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax”.
The notified sections provide that a person who occasionally supplies goods and/or services in a territory where GST is applicable but he does not have a fixed place of business, would be treated as a casual taxable person.
A person with multiple business verticals in a state may obtain a separate registration for each business vertical.
