2 Skill development questions Prepare a tax invoice under the GST Act. sora ABC ENTERPRISES [RK Electrical Works [RK Blectical Works: aed es te ee pe = ag 3.) os = a - an = lea a] ae jens “| om [Seti amen na recom, a... un) Write the procedure for registration under GST. Step 1: Go to the GST Portal Access the GST Portal >https//wwigst.govin/ > Services -> Registration > New Registration option, Step 2: Generate a TRN by Completing OTP Validation The new GST registration page is displayed. Select the New Registration option. If the GST. reglstration application remains incomplete the applicant shall continue filing the application using TRN number. Step 3: OTP Verification & TRN Generation On submission ofthe above information, the OTP Verification page is displayed, OTP will be vali only or 10 minutes. Hence, enter the two separate OTP sent to validate the email and mobile number, Inthe Mobile OTP field, enter the OTP. In the Email OTP field, enter the OTP. Step 4: TRN Generated On successfully completing OTP verification, a TRN will be generated. TRN will now be used to ‘complete and submit the GST registration application, Step 5: Log in with TAN Upon receiving TRN, the applicant shall begin the GST registration procedure. n the Temporary Reference Number (TRN) field on the GST Portal, enter the TRN generated and enter the captcha text as shown on the screen. Complete the OTP verification on mobile and email, Step 6: Submit Business Information Various information must be submitted for obtaining GST registration. In the frst tab, business detalls must be submitted.Inthe Trade Name field, enter the trade name of the business Input the Constitution of the Business from the drop-down list. Enter the District and Sector/ Circle / Ward / Charge/ Unit from the drop-down ist. Step 7; Submit Promoter Information In the next tab, provide promoters and directors information. In case of proprietorship, the Proprietors’ information must be submitted Step 8: Submit Authorised Signatory Information ‘An authorised signatory is a person nominated by the promoters of the company. The nominated Person shall hold responsibility for filing GST returns of the company. Step 9: Principal Place of Business In this section, the applicant shall provide the details of the principal place of business. The Principal Place of Business acts as the primary location within the State where the taxpayer operates the business Step 10: Additional Place of Business Upon having an additional place of business, enter details of the property in this tab. Step 11: Details of Goods and Services In this section, the taxpayer must provide details of the top 5 goods and services supplied by the applicant. For goods supplied, provide the HSN code and for services, provide SAC code. Step 12: Details of Bank Account In this section, enter the number of bank accounts held by the applicant. Step 13: Verification of Application In this step, verify the details submitted in the application before submission. Once verification is complete, select the verification checkbox. In the Name of Authorized Signatory drop-down list, select the name of the authorised signatory. Step 14: ARN Generated On signing the application, the success message is displayed. The acknowledgement shall be received in the registered e-mail address and mobile phone number. Application Reference Number (ARN) receipt is sent to the e-mail address and mobile phone number. Using the GST ARN Number, the status of the application can be tracked. 3. Prepare a chart showing rates of GST. No tax will be imposed on items like fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial Eee te se neaatent tea et te ean ise | Items such as fish fillet, cream, skimmed milk powder, 9 entre! CU cunts Sete eR ss aca Te Se Con crete are een Sek eet ents Ree a eee ae eet form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medi- Se cet caer aces eihee a baat ey ar acca iret | atti an senna na oer) ‘Most items are under this tax slab which Include flavou Brea nent eet cera ea een errr Ne here tea ee mineral water, tissues, en. el products, printed circuits, camera, speakers and monitors. ving gum, molasses, chocolate not containing cocoa, waffles Str pee ees a, aerated water, paint, deodorants, shaving SE URN sen ee ERAGE ete eT Sr ea te eerList out the exempted Goods and Services under GST. Live Animals ive asses, mules and hinnies Bovine animals (Live) Live swine ‘Sheep and goats (Live) Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and Buinea fowls Other live animal such as Mammals, Birds, Insects Fish, Meat and Fillets Fish seeds, prawn / shrimp seeds whether or not processed, cured or in frozen state (other than goods falling under Chapter 3 and attracting 5%) Fish, fresh or chilled, excluding fish fillets and other fish meat of heading Live fish Eggs, Honey and Milk Products "Natural honey, other than put up in unit container and bearing a registered brand name Fresh milk and pasteurized milk, including separated milk, milk and cream, not concentrated ‘nor containing added sugar or other sweetening matter, excluding Ultra High Temperature (UHT) milk, Curd; Lassi; Buttermilk Live Trees and Plants ‘Vegetables Tomatoes, fresh or chilled Cucumbers and gherkins, fresh or chilled Potatoes, fresh or chilled Onions, shallots, garlic, leeks and other alliaceous vegetables, fresh or chilled Cabbages, cauliflowers, kohirabi, kale and similar edible brassicas,