The government has notified the rules related to Registration and Composition Scheme of Goods and Services Tax Identification Number (GSTIN) that came into effect from June 22, 2017.
The intent of notifying these rules is to start the process of issue of registration certificate, GSTIN, to taxpayers who have already been issued provisional ID for registration (PID) as well as to the new taxpayers, a Finance Ministry statement said here on Saturday.
"Any person who has been granted PID and who opts for composition scheme, should submit an intimation of option in a prescribed form on GSTN on or before July 21, 2017," the statement said.
Any persons who has PID may submit the required documents on GSTN for getting the certificate of registration. It is clarified that a period of three months is allowed to complete this procedure, that is, the formalities can be completed on or before September 22, 2017.
In the interim, they can issue tax invoice using the PID already allotted to them, the statement clarified.
"A person seeking fresh registration can apply for registration within thirty 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," it added.
The statement said: "The applicant for grant of new registration can issue a bill of supply for supplying goods or services during the period from the date of liability to obtain registration till date of issuance of the registration certificate, if he has applied for registration within thirty days from the date he has become liable for registration.
"On grant of certificate of registration he can issue revised tax invoices for the supplies made during this period."