TEMPORARY GST REGISTRATION

What is Temporary GST?

Temporary GST is the form of GST where the taxpayer does not have a fixed time and place for providing his service or goods. They are also termed as Casual taxable people. The casual taxable person can be either principal or agent or can be any other in-between supplier of goods or services of business

Who should register for Temporary GST?

There is a certain threshold limit after on the income after which you are supposed to register under GST. If you are in any case a supplier and your annual turnover in any given financial year is above 20 lakh rupees then you are liable to register under GST.

However, this threshold doesn't apply to casual tax payers who should apply for Temporary GST. Casual tax payers cannot apply for a composition scheme. Temporary GST registration is valid only for 90 days, however you can renew it further for no more than 90 days. The casual tax payer has to apply for temporary tax in the same state where he has to provide his services and goods. A casual taxpayer has to pay an advance deposit of GST based on estimates of his tax liability. In these cases, casual taxpayers are supposed to pay a minimum of 18% of his taxable services. A casual tax payer does not have to file an annual return as required by a normal registered taxpayer.

How to register for Temporary GST?

Apply for Temporary GST by providing PAN, Email and Mobile details.
The system will provide you with OTP for validating your details using your mobile and email id.
Once successfully validated, you will be provided with a temporary reference number which will be required for further form Filling.
Then, you will have to make a temporary tax deposit(18% of the taxable services)
Once the advance tax deposit is done you will be provided with an acknowledgement of the deposit. Further, the FORM GST REG-02 will be provided electronically.
Using the temporary reference number, you can fill in the remaining part of GST REG-01 i.e Part B.
You will be provided with the registration certificate once your tax deposit reflects in the electronic cash ledger.

While filling out the Temporary GST, the officials recommends assesses to follow the below sequence:

1) Part A of GST REG-01 2) Pay taxable deposit 3) Part B GST REG-01 4) Verification and obtaining Certificate.

Returns that a casual Taxpayer has to furnish?

A casual taxpayer is required to furnish the following returns
FORM GSTR-1 on or before the 10th of the following month
FORM GSTR-2 after the 10th but before the 15th of the following month
FORM GSTR-3 after 15th but before the 20th of the following month


REFUND BY CASUAL TAXABLE PERSON

Casual Tax Payer can apply for a refund of the amount deposited based on their taxable services. But for the same you would have to furnish the necessary returns mentioned above for the registration period.