Q. 300 one of my client opening Diwali crackers stall at the place provided by government he want temporary GST registration for 3-4 days so for temporary business CTP registration is needed. Is deposit of tax amount is necessary and if necessary how much amount to be deposited ?

Ans. It is mandatory for the casual taxable person to make an advance deposit of tax in an amount equivalent to his estimated tax liability for the period for which registration is sought. Also, the casual taxable person is eligible for the refund of any balance of the advance tax deposited by him after adjusting his tax liability. Balance advance tax can be refunded only after filing of all returns.