No annual return for casual taxable persons, registration & advance deposit mandatory, explains CBEC

CBEC explains concept of 'Casual Taxable Person' in GST, which means a person who occasionally undertakes transactions involving supply of goods / services in 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; Casual taxable person making taxable supply has to compulsorily take registration without any threshold, and he cannot exercise the option to pay tax under comp...