GST Jamku AICHAPTER XX
TRANSITIONAL PROVISIONS
Migration of existing taxpayers.
Section 139(1)
On and from the appointed day, every person registered under any of the existing laws and having a valid Permanent Account Number shall be issued a certificate of registration on provisional basis, subject to such conditions and in such form and manner as may be prescribed, which unless replaced by a final certificate of registration under sub-section (2), shall be liable to be cancelled if the conditions so prescribed are not complied with.
Section 139(2)
The final certificate of registration shall be granted in such form and manner and subject to such conditions as may be prescribed.
Section 139(3)
The certificate of registration issued to a person under sub-section (1) shall be deemed to have not been issued if the said registration is cancelled in pursuance of an application filed by such person that he was not liable to registration under section 22 or section 24.
Section 139(1): Provisional Registration Certificate
From the appointed day onwards, every individual registered under any existing laws and possessing a valid Permanent Account Number (PAN) will receive a provisional certificate of registration. This certificate is subject to specific conditions and must follow the prescribed form and method. Failure to comply with the prescribed conditions may lead to the cancellation of the provisional certificate, unless replaced by a final certificate under sub-section (2).
Section 139(2): Final Certificate of Registration
The final certificate of registration will be granted based on the form, manner, and conditions as specified in the regulations.
Section 139(3): Deemed Cancellation of Registration
If a person's registration is canceled due to an application asserting that they were not obligated to register under section 22 or section 24, the certificate of registration issued under sub-section (1) will be deemed as not issued.
Concluding Thoughts
In summary, Section 139 outlines the process of issuing provisional and final certificates of registration to individuals registered under existing laws and holding a valid PAN. It emphasizes compliance with prescribed conditions and provides for the deemed cancellation of registration under specific circumstances.