Question 1

What is the threshold limit for GST registration in Puducherry?

Accepted Answer

The threshold limit for Puducherry GST registration is ₹40 lakhs for businesses involved in supplying goods and ₹20 lakhs for service providers. However, for businesses in special category states, including Arunachal Pradesh, the threshold is ₹20 lakhs for goods and ₹10 lakhs for service providers.

Question 2

What is the GST Code of Puducherry?

Accepted Answer

The GST number for Puducherry starts with '18' and is followed by a unique 13-digit alphanumeric code assigned to registered taxpayers upon successful GST registration in the state.

Question 3

What are the compliance requirements post-GST registration in Puducherry?

Accepted Answer

Following Puducherry GST registration, compliance involves filing regular returns like GSTR-1, GSTR-3B, and others as per the schedule prescribed by the GST authorities. Additionally, maintaining accurate records, invoicing correctly, and timely payment of taxes are essential compliance duties.

Question 4

What are the penalties for non-compliance with GST regulations in Puducherry?

Accepted Answer

Non-compliance with GST regulations in Puducherry can result in penalties such as fines, interest on delayed payments, and legal consequences. Penalties vary based on the nature of the violation, including late filing of returns, incorrect invoicing, or failure to maintain proper records.

Question 5

Can I voluntarily cancel my GST registration in Puducherry?

Accepted Answer

Yes, businesses in Puducherry can voluntarily cancel their GST registration. To do so, file the application for cancellation on the GST portal, clear all dues, and submit the necessary documents. After verification, the GST authorities will cancel the registration within a specified time.

Question 6

Is it necessary to have a PAN card to obtain gst registration in Puducherry?

Accepted Answer

For GST registration in Puducherry, having a PAN card is crucial. For proprietorships, the proprietor's PAN suffices, but for entities like LLPs, companies, trusts, or other legal entities, a separate PAN for the entity itself must be obtained beforehand.

Question 7

What is the validity of gst registration in Puducherry?

Accepted Answer

GST registration in Puducherry remains valid indefinitely as it doesn't have an expiry date. It stays in force until it's cancelled, surrendered, or suspended.

Question 8

Is it possible for a person with no GST registration to collect gst?

Accepted Answer

Someone registered under GST in Puducherry can collect GST from customers, while those not registered cannot claim input tax credit for the GST paid.

Question 9

Is it possible for a person to operate two different companies with different names under the same PAN to get two GST registration in Puducherry?

Accepted Answer

Using one PAN, an individual can obtain a single registration per state, but they can secure different registrations for distinct business entities.

Question 10

When should an e-way bill be generated?

Accepted Answer

According to Rule 138 of the CGST Rules, 2017, the generation of an e-way bill must precede the commencement of goods transportation.