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Enjoy hassle free Non Resident Taxable Person GST registration processing with Finaccle
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1. We collect all the required documents.
2. Apply for registration on your behalf
3. You shall be granted registration number at the earliest.
Overview
Non-Resident taxable person means a person who is a foreigner and occasionally wants to make taxable supplies from any state in India. Such person does not have fixed place of business or residence in India. Non-Resident taxable person needs to register for GST before making taxable supply. Hence, foreign nationals who run temporary businesses in exhibitions or fairs or seasonal businesses in India would fall under this category.
Example: Mr David from Australia runs a business of Machines in Australia. Now he wants to participate in exhibition in Jaipur, India for 3 days. Since he does not have fixed place of business in India, he must register as Non-Resident Taxable Person to sell in India. Since Non-Resident Taxable person’s business will be for very short period of time, they will find it difficult to maintain a fixed place of business and file monthly GST returns. To accommodate the special requirements of such persons, provisions have been provided under the GST Act for registration of Non-Resident Taxable Person.
Applicability
Non-resident taxable person must compulsorily apply for GST registration irrespective of turnover limit. The threshold limit of Rs 20 lakhs / 40 Lakhs does not apply to Non-Resident taxable person (CTP). Further, A Non-Resident taxable person cannot exercise the option to pay tax under composition levy. A Non-Resident taxable person must make an advance deposit of tax in an amount equivalent to his estimated tax liability for the period for which the registration is sought. Let’s take our previous example, Say Mr. David estimates his sales at Rs. 5,00,000 (without GST). He is required to make an advance deposit of Rs. 90,000 (18% of Rs. 500000) to obtain temporary registration.
Non-Resident taxable person must apply for GST registration at least five days prior to commencement of business.
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Documents
Trade name of business
Photo and proof for the appointment of an Indian authorised signatory
In case of Individuals: scanned copy of the passport of NRTP with VISA details.
In case of business entity incorporated outside India: unique number on the basis of which the country is identified by the Government of that country.
Cancelled Cheque/Bank statement with name
HSN code for Major Products/Services
Address Proof: If owned premises: SMC Vera Bill/Light Bill
Address Proof: If rented/Consented premises: Rent Agreement or Consent letter and Light Bill/SMC Vera Bill
Passport sized photograph.
Process
Every person must have PAN to be eligible for GST registration. But since non-resident person will not have PAN, he shall be granted GST registration on the basis of some other prescribed documents. A non-resident taxable person is not required to apply in normal application for registration being filed by other taxpayers. A simplified form GST REG-09 is required to be filled. A non-resident taxable person has to electronically submit an application, along with a self-attested copy of his valid passport, for registration, duly signed or verified through EVC.
Validity
This registration has validity of maximum 90 days which can be further extended by 90 days by proper officer on request of taxpayer. Taxpayer has to deposit his estimated liability of extended period before making a request. Input tax credit shall not be available in respect of goods or services or both received by a non-resident taxable person except on goods imported by him. The taxes paid by a non-resident taxable person shall be available as credit to the respective recipients.
Returns
The non-resident taxable person shall furnish a return in FORM GSTR-5 electronically through the Common Portal, including therein the details of outward supplies and inward supplies and shall pay the tax, interest, penalty, fees, or any other amount payable within twenty days after the end of a calendar month or within seven days after the last day of the validity period of registration, whichever is earlier.
Refund
The Non-Resident taxable person is eligible for the refund of any unutilised balance of the advance tax paid by him after paying off his tax liability. The balance advance tax deposit can be refunded only after all GST returns have been furnished, in respect of the entire period for which the certificate of registration was issued. Refund can be claimed in serial no 13 of GSTR-5.
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Finaccle provides one-stop integrated Financial-Accounting-Legal solutions to its clients.
You get all Financial, taxation, Accounting, and legal solution under one roof.
We are always Accessible, Approachable and Accountable.
We shall take relevant documents from you and apply for GST registration on your behalf, and you shall be allotted GSTN at the earliest.
Got a question?
We've got answers.
Can a NRTP opt for Composition Scheme under GST?
A non-resident taxable person cannot exercise the option to pay tax under composition levy.
Is PAN compulsory for obtaining GST registration as a NRTP?
What is the validity period of GST registration granted to the NRTP?
When can a NRTP make taxable supplies of goods & services in India?
When does a non-resident taxable person (NRTP) should apply for registration under GST?