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Under what circumstances registration under goods and Service Tax is not required explain the types of registration under GST?
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Under what circumstances registration under goods and Service Tax is n...


Circumstances when registration under Goods and Service Tax is not required:

Exemption Threshold:
  • Businesses with a turnover below the exemption threshold limit do not need to register for GST.



Types of Registration under GST:

Regular Registration:
  • Applicable to businesses exceeding the threshold limit for GST registration.
  • Required to collect tax from customers and file returns.



Composition Scheme Registration:
  • Available to small businesses with a turnover below the specified limit.
  • Tax is paid at a fixed rate on turnover, and businesses cannot collect tax from customers.



Casual Registration:
  • Applicable to non-resident taxpayers conducting business in India temporarily.
  • Required for a specific period and specific business activities.



Non-Resident Registration:
  • Applicable to non-resident individuals or entities providing taxable services in India.
  • Required to pay tax on services provided in India.



SEZ Registration:
  • Available to units in Special Economic Zones (SEZs).
  • Allows for tax benefits on supplies made to and from SEZs.


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Under what circumstances registration under goods and Service Tax is not required explain the types of registration under GST?
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