GST Registration in Pune
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GST Registration in Pune
“Goods and services tax” (GST) means any tax on supply of goods, or services or both except taxes on the supply of the alcoholic liquor for human consumption. GST shall be levied and collected by the Central Government 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 GST Council. Here, we will discuss GST registration in Pune.
Who will require GST registration in Pune
- Person making Interstate Supply (Sale of goods or providing service from one state to another state)
- Casual taxable person (Person selling goods or providing service in exhibition)
- Non-Resident taxable person
- Person liable for payment under Reverse charge mechanism
- Consignment agent
- Person required to deducts TDS in GST.
- Person supplying non-branded goods and services through E-commerce operators.
- Input Service Distributor
- E -Commerce Operators
- Service Aggregator
- Any other Notified person
- Person having aggregate of turnover cross 40 lakhs or 20 lakhs having same PAN on all India basis- Aggregate turnover includes
Aggregate turnover includes –
- All taxable Supplies
- Non-Taxable Supplies
- Exempt Supplies
- Export of Goods or Services
Threshold limit for GST registration in Pune, Maharashtra
The following threshold limit for GST registration in Maharashtra
- Sale of Goods having annual turnover exceeding Rs 40 Lakhs.
- Supply of services having annual turnover exceeding Rs 20 Lakhs.
GST State Code for Pune, Maharashtra
Every state has been allotted two digit state code and the state code of Maharashtra is 27. If in the GST registration certificate, first 2 code is 27, it would mean the GST registration has taken place in Maharashtra.
Also read
- GST Registration – India
- GST Registration
- Cost Inflation Index (CII)
- 54EC Capital Gain Bond
- House Rent Allowances