Goods and Services Tax Practitioners

INTRODUCTION

As Per CGST Section 2(55) Provisions relating to a Goods and Services Tax Practitioner, means any person who approved under section 48 to the act as that person Become a Goods and Services Tax Practitioner. GSTP is a Tax Professional under CGST Act who can prepare return & perform all activities on the behalf of Registered person under GST Act.

ELIGIBILITY

As per Rule 83(1) a person can apply for Goods & Service Practitioner Registration if the person full fill the below condition:

1) Is a Person of Sound Minded

2) The Person Citizen of India

3) The Person not adjudicated as Insolvent

4) Has Not been convicted by a Competent Court.

QUALIFICATION

1) The Person Should be a retired officer of the Commercial Tax Department of any State Government or of the Central Board of Excise and Customs

2. The Person has passed a graduate or postgraduate degree or its equivalent examination, having a degree in Commerce, Law, Banking including Higher Auditing, or Business Administration or Business Management from any Indian University.

3. The Person has passed a degree examination of any Foreign University recognized by any Indian University as equivalent to the degree examination.

4. The Person has passed any other examination notified by the Government for this purpose.

5. The person has passed any degree examination of an Indian University or of any Foreign University recognized by any Indian University as equivalent of the degree examination.The Person also passed any of the following examinations-

i) final examination of the Institute of Chartered Accountants of India

ii) final examination of the Institute of Cost Accountants of India

iii) final examination of the Institute of Company Secretaries of India.

6. He has been enrolled as a sales tax practitioner or tax return prepare under the erstwhile law for a period of not less than 5 years.

EXAMINATION

Once the person enrolled as a GSTP, such person must pass the GSTP examination within two years of enrollment. An exception to this is that if a person is enrolled as a GSTP before 1st of July 2018, he shall get one more year to pass the examination,The Exam mainly conducted by National Academy Of Customs ,Indirect Taxes And Narcotics

GSTP Exam Website :https://nacin.onlineregistrationform.org/NACIN/

VALIDITY

As per Rule 83(2) Goods & Service Tax Practitioner Shall be valid until it is cancelled by the Department.

RESPONSIBILITY

1) Furnish detail of Inward & Outward Supplies.

2) Furnish Monthly, Quarterly & Annual return on behalf of registered person.

3) File Claim & Refund

4) Submit Application of Ammendment & cancellation prescribe by Registered Person.

CANCELLATION & REMOVAL

As per Rule 83(4) if any Goods & Service Tax Practitioner is found misconduct in a connection with any proceedings under the Act. The Authorized officer may after giving him a notice for such miscunduct and after giving him a responsible opportunity of being heard by order.the person shall henceforth be disqualifed under section 48 to furninsh as a Goods & Service Tax Practitioner.

Goods and Services Tax Practitioners