Casual taxable person

The casual taxable person can make taxable supplies only after the issuance of the certificate of registration. The certificate of registration shall be valid for the period specified in the application for registration or ninety days from the effective date of registration, whichever is earlier.

Registration

However, there are certain categories of suppliers who are required to get compulsory registration irrespective of their turnover. The threshold limit of 20 lac rupees is not applicable to them. One such supplier would be a Casual Taxable Person. A Casual Taxable person cannot opt for Composition Scheme.

Extend the period of registration

In case the casual taxable person intends to extend the period of registration indicated in his application of registration, an application in FORM GST REG-11 shall be submitted before the end of the validity of registration granted to him. The validity period of ninety days can be extended by a further period not exceeding ninety days.

Refund by Casual taxable person:

The casual taxable person is eligible for the refund of any balance of the advance tax deposited by him after adjusting his tax liability. Only after all the returns have been furnished, in respect of the entire period for which the certificate of registration was granted to him had remained in force. The refund relating to balance in the electronic cash ledger has to be made in serial no. 14 of the last FORM GSTR-3 return required to be furnished by him

Registration Procedure for Casual Taxpayers

For Registration as Casual Taxpayers following procedure needs to be followed by Person

• For Registration Form GST REG-01 (PART A) use by normal taxpayer will be used by Casual Taxpayer.
• A person who wants to take registration will declare his PAN (permanent account number), Mobile number, Email-address, State in the form above mentioned.
• After declaring the PAN the validity of the card will be checked by Central Board of Direct Taxes; Mobile numbers and E-mail address shall be verified through a one-time password. On successful verification of PAN, Mobile numbers, E-mail address a temporary number shall be generated to communicate with the respective applicant.
• After the generation of the reference number, the applicant shall electronically submit an application in the PART-B of the same form along with the documents specified in the said form at the common portal./li>
• A temporary reference number will be given to the applicant by the Common Portal for making the mandatory advance deposit of tax for an amount equivalent to the estimated tax liability of such person for the period for which the registration is sought.
• After the deposit, a registration certificate shall be issued electronically. The deposited amount shall be credited to the electronic cash ledger of that casual taxable person.
• On depositing the amount, an acknowledgment shall be issued electronically to the applicant in Form GST REG-02.
• If the casual taxable person intends to extend the period of registration then an application in Form GST REG-11 shall be submitted electronically through the common portal before the end of the validity of registration granted to him.

Can a Casual Taxable Person take multiple registrations in a State?

In case a Casual taxable person has multiple business verticals within one state, the Casual taxable person can apply for multiple registrations within the state.

I have deposited advance tax but do not want to continue the business. How shall I get my money back?

You can apply for

refund of advance tax deposited at the time of filing of application for surrender of registration.

means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business. A casual taxable person making taxable supply in India has to compulsorily take registration. There is no threshold limit for registration. A casual taxable person cannot exercise the option to pay tax under composition levy. He has to apply for registration at least five days prior to commencing his business in India.

The casual taxable person can make taxable supplies only after the issuance of the certificate of registration. The certificate of registration shall be valid for the period specified in the application for registration or ninety days from the effective date of registration, whichever is earlier.

Returns:

The casual taxable person is required to furnish the following returns electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissione

1) FORM GSTR-1 giving the details of outward supplies of goods or services to be filed on or before the tenth day of the following month.

2) FORM GSTR-2, giving the details of inward supplies to be filed after tenth but before before the fifteenth day of the following month.

3) FORM GSTR-3 to be filed after fifteenth day but before the twentieth day of the following month.

However, a casual tax person shall not be required to file any annual return as required by a normal registered taxpayer.