Saturday, 7 January 2017

Section-24. Special provisions relating to casual taxable person and non-resident taxable person

                      Section-24.                        Special provisions relating to casual taxable person and non-resident taxable person


(1) The certificate of registration issued to a casual taxable person or a non-resident
taxable person shall be valid for a period specified in the application for
registration or ninety days from the effective date of registration, whichever is
earlier and such person shall make taxable supplies only after the issuance of the
certificate of registration:

PROVIDED that the proper officer may, at the request of the said taxable person,
extend the aforesaid period of ninety days by a further period not exceeding ninety
days.

(2) Notwithstanding anything to the contrary contained in this Act, a casual taxable
person or a non-resident taxable person shall, at the time of submission of
application for registration under sub-section (1) of section 23, make an advance
deposit of tax in an amount equivalent to the estimated tax liability of such
person for the period for which the registration is sought:

PROVIDED that where any extension of time is sought under sub-section (1), such
taxable person shall deposit an additional amount of tax equivalent to the estimated
tax liability of such person for the period for which the extension is sought.

(3) The amount deposited under sub-section (2) shall be credited to the electronic
cash ledger of such person and shall be utilized in the manner provided under
section 44 .

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