India's Goods and Services Tax (GST) system aims to create a single, unified tax structure to streamline the collection of taxes on goods and services. While most businesses in India are required to register for GST if they meet specific thresholds, there are unique provisions for Non-Resident Taxable Persons (NRTPs) under the GST framework. These provisions cater to businesses or individuals located outside India but engaged in the supply of goods and services in India. In this blog post, we will explore what constitutes a Non-Resident Taxable Person (NRTP) , their GST registration requirements, and the relevant provisions that businesses need to follow to ensure compliance under GST in India. Who is a Non-Resident Taxable Person (NRTP)? A Non-Resident Taxable Person is defined under Section 2(77) of the Central Goods and Services Tax (CGST) Act, 2017 , as a person who: Is not a resident of India , Supplies goods or services in India , either directly or indirectly, or Engage...
Eligibility Criteria for the Composition Scheme To be eligible for the GST Composition Scheme, businesses must meet the following criteria: Turnover Limit : The business must have a turnover of up to ₹1.5 crore (₹75 lakhs for special category states). Type of Business : The business should be a manufacturer , trader , or restaurant (not providing services like consulting or professional services). No Inter-State Supply : The business must not be involved in inter-state sales, i.e., selling goods across state borders. No E-Commerce : Initially, businesses involved in e-commerce were not eligible for the Composition Scheme. However, there are provisions that allow certain e-commerce businesses to opt for it, which we will discuss next.
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