Khaleej Times

Traders in India asked to submit GST documents

- — IANS

new delhi — Traders with Provisiona­l Identity for Registrati­on (PID) under the Goods and Services Tax (GST) system should submit the required documents by September 22 to get certificat­es of registrati­on, the Finance Ministry said on Saturday.

“Persons who have PID may submit the required documents on GSTN for getting the certificat­es of registrati­on. A period of three months has been allowed to complete this procedure, i.e., the formalitie­s can be completed on or before September 22,” a ministry statement said here.

In the interim, they can issue the tax invoice using the allotted PID, it said. The ministry said persons with PID and who opted for the compositio­n scheme should submit intimation of option in the prescribed form on GSTN on or before July 21.

The rules relating to registrati­on and compositio­n scheme have been notified on June 19 and brought into effect from June 22.

“The intent of notifying these Rules is to start the process of issuance of registrati­on certificat­es, called Goods and Services Tax Identifica­tion Number (GSTIN), to taxpayers who have already been issued PID, as well as to the new taxpayers,” it said.

A person seeking fresh registrati­on can apply for registrati­on within 30 days from the date on which he becomes liable for registrati­on. “They can also opt for compositio­n scheme at the time of filing of registrati­on form.”

The applicant for grant of new registrati­on can issue a bill for goods or services supplied between the date of liability to obtain registrati­on and the date of issuance of registrati­on certificat­e, if he has applied for registrati­on within 30 days from the date he becomes liable for registrati­on.

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