Search results
Nov 9, 2022 · A Casual Taxable Person (CTP) occasionally supplies taxable goods/services in a territory without a fixed business place. Requirement to register, deposit GST in advance, and file monthly returns. Latest updates on GST registration requirements also included.
A casual taxable person has to make an advance deposit of tax in an amount equivalent to his estimated tax liability for the period for which the registration is sought.
Sep 27, 2017 · Casual taxable person: Means a person who occasionally undertakes transactions involving supply of goods or services in course or furtherance of business, whether as an agent, principal or otherwise, in a State, UT where he has no fixed place of business. The casual taxable person is a new concept introduced in GST. Casual taxable person can be ...
Aug 5, 2020 · Casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business. A casual taxable person does not have fixed place of business.
Mar 19, 2019 · Ans: As per Section 2 (20) of the CGST Act, 2017, “casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business;
“Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business.
Feb 16, 2023 · Who is a Casual Taxable Person under GST? A person who occasionally supplies goods and/or services in a territory where GST is applicable but he does not have a fixed place of business. Such a person will be treated as a casual taxable person as per GST.
Casual Taxable Person means a person who occasionally undertakes transaction, involving supply of goods or services or both, in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union Territory, where he has no fixed place of business.
Dec 13, 2020 · A casual taxable person has to make an advance deposit of tax in an amount equivalent to his estimated tax liability for the period for which the registration is sought. For example, Mr. A undertakes a taxable supply of Rs. 1,00,000 then he needs to deposit 18% of 1,00,000 that is Rs. 18,000.
Oct 14, 2024 · By grasping these foundational aspects, you can ensure a seamless and compliant business venture as a Casual Taxable Person under GST. This guide offers a concise overview of the essential requirements and responsibilities linked to CTP registration. Who is casual taxable person? What are the Prerequisites for CTP Registration?