MNO & Co, a Partnership firm, is engaged in the manufacturing of equipment in the State of Gujarat. The firm became liable for registration under GST on 14th July, 2022. It applied for registration on 14th August, 20

Particulars A supplier whose aggregate turnover in a financial year exceeds the threshold limit in a State/Union Territory is liable to apply for registration within 30 days from the date of becoming liable to registration (i.e., the date of crossing the threshold limit of ₹20 lakh/₹40 lakh) vide Section 22 of Central Goods & Services Tax Act, 2017. Where the application is submitted within the said period, the effective date of registration is the date on which the person becomes liable to registration; otherwise it is the date of grant of registration. [Rule 10(3) Central Goods and Services Tax Rules, 2017] In view of the aforesaid provisions, effective date of registration will be 18th August, 2022, since company applied after 30 days of become eligible. Every registered person who has been granted registration with effect from a date earlier than the date of issuance of registration certificate to him, may issue revised tax invoices in respect of taxable supplies effected during this period within 1 month from the date of issuance of registration certificate. [Section 31(3)(a) Central Goods and Services Tax Act, 2017] Since effective date of registration is not retrospective date hence there is no need to issue any revised invoice.