Page 34 - Plastics News June 2017
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FEATURES
FEATURES
Who needs to register under GST?
Compulsory Registration – Benefit of Threshold
Limit Not Available
• Persons making any inter-State taxable
supply
Threshold – 20 ISD Registration
Lacs (10 lakhs •
for N.E. states) provided Casual taxable persons
• Persons who are required to pay tax under
reverse charge
Separate •
registration for Non - Resident
No Centralized different
Registration business
Concept • Persons who are required to deduct tax
verticals
(optional)
• Person who supplies goods / services on
behalf of other person
• Input service distributor
7
Format of GSTIN
8
Plastics News | June 2017 34
