Person Exempted from Registration if making supply liable to Reverse Charge (Notification No. 05/2017 – Central Tax) under GST
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Person is Exempted from Registration if making supply liable to Reverse Charge (Notification No. 05/2017 – Central Tax) under GST
Central Govt. vide Notification No. 05/2017-Central Tax, dated 19th June, 2017 has w.e.f 22nd June 2017 amended section 23 of CGST Act, 2017 to include the following –
Persons who are only engaged in making supplies of taxable goods or services or both, the total tax on which is liable to be paid on reverse charge basis by the recipient of such goods or services or both under section 9(3) of the CGST Act, 2017 in the category of persons exempted from obtaining registration under the aforesaid Act.
It is a welcome relief for those person who are engaged only in supply of goods or services or both which is liable to Reverse Charge U/s 9(3) of CGST Act.
For complete notification click here –CGST Notification 05 – Reverse Charge – No Registration
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