Who is a Casual Taxable Person?
A Casual Taxable Person (CTP) is someone who occasionally supplies goods or services in a territory where GST registration is not mandatory. For instance, if you are a business from Delhi temporarily conducting business in another state, you must register as a Casual Taxable Person.
Registration Process for CTP:
- Step 1: Go to the GST portal and choose New Registration.
- Step 2: Select Casual Taxable Person as the taxpayer category.
- Step 3: Fill out the form and upload the necessary documents.
- Step 4: Deposit the estimated tax liability in advance using a Challan.
- Step 5: You will receive a temporary GST registration valid for 90 days, which can be extended if needed.
Documents Required:
- PAN and Aadhaar cards.
- Proof of business incorporation or identity documents.
- Proof of advance tax payment (Challan).
- Business address proof.
Why Choose Sap Tax Hub LLP:
Sap Tax Hub LLP, a reputed CA firm in Delhi, helps Casual Taxable Persons navigate the registration process, ensuring compliance with advance tax payments and proper documentation. With professional help, businesses can easily manage their temporary GST obligations without any confusion.
Key Takeaways:
- CTP registration is time-sensitive and requires advance payment of tax liabilities.
- Proper guidance from Sap Tax Hub LLP ensures that all formalities are completed efficiently.
