Effortlessly navigate the GST portal to track your application status, ensuring real-time updates and a streamlined registration 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 gst number and 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 corollary, 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 pertaining to 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:
“9. Verification of the application and approval.- (1) The application shall be forwarded to the proper officer who shall examine the application and the accompanying documents and if the same are found to be in order, approve the grant of registration to the applicant within a period of seven working days from the date of submission of the application.
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 Goods and Services Tax Identification Number (GSTIN), marking successful registration.
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 Goods and Services Tax Identification 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 credit 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.
GSTIN 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?
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?
You can use our GST calculator to know how much GST you owe before you register.
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 to require our assistance? Our legal representatives are always available to answer any questions you may have about the GST registration process: https://www.gst.gov.in/ or the new GST registration time frame.
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