Sec 2(20) – Casual Taxable Person

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Sec 2(20) – Casual Taxable Person 2017-04-14T02:25:23+00:00

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    #1072 |

    “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;

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    A person would be regarded as a casual taxable person if he undertakes supply of goods or services or both:
    (a)    Occasionally, and not on a regular basis;
    (b)    Either as principal or agent or in any other capacity;
    (c)    In a State/ Union Territory where he has no fixed place of business.
    A trader, businessman, service provider, etc. undertaking occasional transactions like supplies made in trade fairs would be treated as a ‘casual taxable person’ and will have to obtain registration in that capacity and pay tax. E.g., A jeweller carrying on a business in Mumbai, who conducts an exhibition-cum-sale in Delhi where he has no fixed place of business, would be treated as a ‘casual taxable person’ in Delhi.
    The following aspects need to be noted:
    •    The threshold limits for registration would not apply and he would be required to obtain registration irrespective of his turnover;
    •    He is required to apply for registration at least 5 days prior to commencement of business;
    •    The registration would be valid for 90 days or such period as specified in the
    application, whichever is shorter;
    •    An advance deposit of the estimated tax liability is required to be made along with the application for registration.

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