(GSTmitra-Series-25) πŸ“’ Key Takeaways from Govt’s first masterclass on GST on 10th July 2017.

β›³ Department of Revenue, Government of India and the Central Board of Excise & Customs (CBEC) are organizing GST- Ki -Master Class covering issues relating to Registration & Migration, Transition & Invoice Making and Composition and Record Keeping. The First class was held on 10th July 2017 on Registration & Migration issues and the following important points were brought out:

🌴 It is important for the traders and dealers to complete the Part-B of their GST registration within the period of 90 days.

🌴 An individual not well versed with online registration process make seek help of excise, VAT or Service Tax office of state and central government where officials will help him with the registration process.

🌴 The registrations can now be made even for names bearing special characters like P&G etc.

🌴 There are two types of fields in a registration application.
🌴 Core Fields- These include Legal name of the business, Address of principal and additional place of business, Details of Partners/ Board of Directors etc.
🌴 Other Fields – Bank Account details, phone number, e-mail ID etc.

🌴 The changes to the core fields can be made only by the GST officials. For changes required in the other fields the person may himself/ herself log on to the portal and update the requisite information on the GST registration portal. The facility of making changes will commence from 17th July 2017.

🌴 Mandatory registration required for person making inter-state supply of goods or services or both.

🌴 For inter-state supplies of goods or services or both from one point of business i.e. only from one particular state to any of the states across the country only one registration is required to be taken in the state from which supplies are made.

🌴 The provisional ID number received at the time of registration will be the same as the ID number received at the completion of registration.

🌴 All registered dealers will have to furnish their GSTN registration numbers on signboards.

🌴 In case, a dealer is facing problems in uploading Digital Signature Certificate (DSC), he/she can also opt to authenticate using an OTP (One Time Password) sent to his/her mobile number and e-mail ID.



CA. SHARMA Praveen
GST Trainer & Consultant
+91 9871530610, 8383073005