Registration procedure for Casual Taxable persons under GST

According to Section 2(20) of the CGST Act, a Casual taxable person” 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; This can be easily explained through this following example:- A is participation in a fair/expo in another state. When a taxable person participates in a fair/expo outside the state where his usual place of registration is, then he should register as a casual taxable person in order to undertake the sale and purchase of goods in that other state.

 

Validity as Casual Taxable Persons:

A Casual 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.

It can be extended: if you apply for an extension of registration before the expiry of the initial period for which registration was granted by Applying in FORM GST REG-11 before the end of validity.

 

Procedure for applying for registration as Casual Taxable Persons:

The procedure for applying as a casual taxable person is the same as for a normal/regular taxpayer.

A casual taxable person shall electronically submit an application at least five days prior to the commencement of business.

 

When is tax due for Casual Taxable Persons:

In the case of Casual registration, the tax needs to be paid in advance. The applicant needs to estimate the value of supplies and his tax liability in advance and needs to pay the whole of the estimated tax before applying for casual registration. The estimated value of supplies and the estimated tax needs to be given in the application form at the time of applying for registration.

The excess tax paid in advance can be refunded at the time of filing for the surrender of registration after all the returns have been filed. Application for Refund of balance in excess of tax liability in the electronic cash ledger can be claimed in Form GST RFD-01 under the category “Refund of excess balance in the electronic cash ledger”.

 

Returns filed by Casual Taxable person:-

A Casual taxable person has to furnish the same returns as a normal taxpayer. A Casual taxable person has to furnish the returns in form GSTR-1 and GSTR-3B for the time being.

However, a casual taxable person does not have to file an annual return.