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Inclusive of all taxes
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It is mandatory for all non-resident taxable persons to get them registered under the GST Act it is irrespective of their aggregate annual turnover.
As aforesaid, it is mandatory for them to get registered under the GST Act, The intimation is required to be filed prior to 5 days before commencement of any business activity.
GST registration shall be provided with a specific validity as requested in his application and there after the amount which have been deposited by the Non-Resident Taxable Persons shall be remitted. A request in FORM GST REG-11 can be made by him, if he wants to extend the validity. In that case no new deposit will be required and the deposit already submitted by the Non-Resident Taxable Persons shall be used. The application is to be made well before the expiry of registration certificate issued to Non-Resident Taxable Persons.
All non-resident taxable persons shall file an application for registration in FORM GST REG-09 alongwith the supporting documents. The application must be filed at least five days prior to the commencement of business activity. An advance deposit of tax shall be paid to the government based on estimated sale.
Yes GST registration Number can be surrendered with valid reason
Yes GST Return (GSTR-3B) is mandatory in any cases, all registered person has to file NIL return in case of NIL sale value
The process of submission of application for final registration is same as filed by the resident taxpayers. The application for final registration shall be made in FORM GST REG–26 alongwith the supporting document as required. If the proper officer is satisfied with the information provided by the non-resident taxable persons he will issue a certificate of registration. The application for registration shall be signed by his authorized signatory who is person resident in India having valid PAN.
GST is a dual taxation model one is Central Goods and Service Tax and another is State Goods and Service Tax. Both Centre & State Govt. levied a tax on Supply of Goods or Services at one point of Time.
GST is said to be a destination-based or consumption-based tax. Hence, the place of consumption will decide the State that will collect the tax.
GST is depended upon the supply of goods and services. Supply does not mean sale it is inclusive in nature. It includes all form of Supply Such as Sale, Transfer, Barter, Exchange, license, Disposal, Rental, and Lease.
Goods and services tax on supplies in the course of inter-State trade or commerce shall be levied and collected by the Government of India and such tax shall be apportioned between the Union and the States in the manner as may be provided by Parliament by law on the recommendations of the Goods and Services Tax Council. Meeting of GST Council is conducted from time to time.
GST would mitigate the ill effects of cascading, improve competitiveness and improve liquidity of the businesses. One of the primary goals of a taxation regime is always avoidance of "taxation over taxes" or "cascading-effect" of the incident taxes as it adds to the deadweight loss i.e. slump in total surplus of supply chain consisting of supplier, manufacturer, retailer and consumer.
Every taxpayer while paying taxes on outputs may take credit for taxes paid earlier by the supplier on inputs. However, this will not be applicable on supplies related to: (i) motor vehicles when used for personal consumption, (ii) supply of food, health services, etc. unless they are further used to make a supply. The IGST collected will be apportioned between the center and the state where the goods or services are consumed.
PAN or Tax Identification Number of the Applicant:
For foreign non-resident taxpayers, incorporated or established outside India, the application for registration can be submitted along with tax identification number or unique number on the basis of which the entity is identified by the Government of that country or its PAN, if available. Hence, PAN is not mandatory for the GST registration applicant, in case of a foreign non-resident taxable person.
Compliance under GST:
GSTR-5: Those non-resident taxpayers who provide OIDAR services have to file GSTR-5A by 20th of next month