Effortlessly navigate the GST portal to track your application status, ensuring real-time updates and a streamlined registration process. In this blog, you will understand how to get a GST number and the timeline process.
The CBIC issued Central Goods and Services Tax Rules (Fourteenth Amendment), 2020, via Notification No. 94/2020-Central Tax, dated December 22, 2020, revising Rule 9 of the Central Goods and Services Rules, 2017 (“CGST Rules”). Know how to get a GST number and the timeline process.
- From the date of submission of the registration application, the time frame for approving the grant of registration to the applicant was increased from ‘three’ to seven working days.
- The time limit for the grant of registration would be extended to 30 days instead of 7 days if the applicant fails to complete Aadhaar authentication or does not opt for Aadhaar authentication, or if the proper officer, with the approval of an officer authorized by the Commissioner, not below the rank of Assistant Commissioner, deems fit to carry out physical verification of the places of business.
- As a result, sub-rule (5) was substituted to specify that if the proper officer fails to act within the time limits specified above, the application for grant of registration shall be deemed approved.
- From the date of filing of the application, the time frame for issuing a notice in Form GST REG-03 (Notice for Seeking Additional Information, Clarification, or Documents about Application for (Registration/Amendment/Cancellation)) has been increased from ‘three’ to ‘seven’ working days.
Amended Rule 9 of the CGST Rules, now reads as under w.e.f. 22nd December 2020:
Hence, we can conclude that GST Registration is normally granted between 3 to 7 working days provided that the enrollment process is concluded accurately according to the rules prescribed. This is why we recommended to you the services of Vakilsearch to ensure that your GST number is awarded to you within the prescribed time frame without unnecessary delays or show-cause notices being issued.
Online GST Registration Process
The online GST registration process streamlines the way businesses register for the Goods and Services Tax in India. It involves:
Access the GST Portal
Initiate the GST registration process by visiting the official GST portal, the centralized platform for all GST-related activities in India.
New Registration Option
Choose “New Registration” on the GST portal, the starting point for businesses seeking Goods and Services Tax registration.
Data Entry
Provide crucial business details, including structure and personnel information, as part of the new registration process.
Provide Business Information
Enter comprehensive business information, including legal name, principal and additional places of business, and type of registration.
Verification Through OTP
Confirm provided information through OTP sent to the registered mobile number for a secure verification process.
Upload Documents
Submit necessary documents, such as business proof and address proof, to support the registration application.
Application Submission
After completing data entry and document submission, formally apply for GST registration by applying.
Application Reference Number (ARN)
Receive the Application Reference Number (ARN) upon successful submission, essential for tracking the application status.
Approval Process
Await approval from the GST department, as the application undergoes scrutiny to ensure compliance with regulations.
GSTIN Issuance
Upon approval, businesses are issued a GST Number (GSTIN), marking successful registration.
Our online GST calculator India simplifies GST calculations. Try it for accurate results.
How to Check GST Registration Status Online
Checking the GST registration status is a simple process:
Visit the GST Portal
Initiate the process by accessing the official GST portal, the dedicated online platform for GST-related services.
Navigate to “Track Application Status”
Find and select the “Track Application Status” option on the portal, usually located in the registration or services section.
Enter ARN and Captcha
Input your unique Application Reference Number (ARN) and complete the captcha for security verification.
View Application Status
After submission, instantly view the current status of your GST registration application on the portal.
Check Approval Progress
Monitor the progress of your application, from submission to approval, through the user-friendly tracking interface.
Receive Notifications (If Applicable)
Stay informed with any notifications or updates regarding your GST registration status, sent via email or SMS.
Seek Assistance If Needed)
If faced with uncertainties or delays, utilize the portal’s support features or contact the GST department for assistance.
Access GSTIN (Upon Approval)
Once approved, access your GST number (GSTIN) for further business compliance.
Benefits of GST Number in India
Obtaining a GST number offers numerous advantages to businesses in India:
Legal Compliance
Ensures legal compliance with the Goods and Services Tax regulations, preventing legal consequences.
Input Tax Credit
Enables businesses to claim input tax credit on GST paid for goods and services used in business operations.
Nationwide Presence
Facilitates seamless interstate business by providing a unified tax system across the country.
Business Recognition
Enhances business credibility and recognition as having a GST number signifies compliance with taxation norms.
Market Expansion
Eases entry into the formal market, promoting trust among suppliers, customers, and other business entities.
Access to Online Portal
Provides access to the GST portal for filing returns, tracking compliance, and managing other tax-related activities.
Reduced Tax Cascading
Mitigates tax cascading by allowing businesses to offset taxes paid on inputs against taxes collected on outputs.
Government Contracts
Enables businesses to participate in government tenders and contracts, often requiring a valid GST registration.
E-commerce Transactions
Required for businesses engaged in e-commerce transactions, fostering inclusion in the digital economy.
Input Tax Credit for Capital Goods
Businesses can claim input tax credits for capital goods, reducing the overall tax burden.
Transparent Tax System
Contributes to a transparent and efficient tax system, streamlining tax administration and reducing corruption.
GST Number Verification
Facilitates GSTIN verification, allowing parties to verify the authenticity of a registered business.
Having a GST number in India is pivotal for businesses, offering a range of advantages that contribute to their growth, compliance, and overall efficiency in the taxation landscape.
How Can Vakilsearch Assist You?
Our knowledgeable legal team can walk you through the GST registration process and complete it on your behalf so you can get your GST Number as soon as possible. Our team will also handle any compliance issues that may arise during the process. We can also handle all of your GST return filings to ensure that you stay in compliance.
Our experts can act as stewards in your GST registration process, ensuring that you receive your GSTIN quickly by handling all pre- and post-registration responsibilities on your behalf. Get in touch with Vakilsearch today to make stress-free GST registration a reality!
Still not convinced you require our assistance? Our legal representatives are always available to answer any questions you may have about the GST registration process or the new GST registration time frame.
FAQs:
It is a destination-based tax on the purchase of goods and services. It is proposed to be levied at all stages, from manufacturing to final consumption, with credits for taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed, and the final consumer will bear the burden of taxation.
CGST and IGST would be levied and administered by the Centre, whereas SGST and UTGST will be assessed and issued by the states/UTs. What is Goods and Services Tax (GST)?
Which authority will be in charge of levying and administering GST?