GST Registration In three working days
Get your GST (Goods and Services Tax) registration in India in as little as three working days through the fast-track process, primarily for low-risk applicants who complete Aadhaar authentication. This expedited process is part of the recent GST reforms
Step-by-Step Guide for Fast-Track GST Registration
Following these steps and ensuring all documentation is ready and accurate will maximize your chances for quick approval:
1. Pre-Application Preparation (Documents)
Before starting the online application, ensure you have clear, digital copies of the following key documents ready, as accuracy and consistency are vital for the automated system:
- PAN Card of the business or proprietor.
- Aadhaar Card of the authorized signatory and at least one promoter/partner (mandatory for fast-track).
- Proof of Business Address (e.g., electricity bill, property tax receipt, or rent/lease agreement with a No Objection Certificate/consent letter if rented).
- Identity and Address Proof of promoters/partners/directors (PAN, Aadhaar, Photo).
- Bank Account Details (scanned copy of a canceled cheque or the first and last page of a bank statement/passbook).
- Business Constitution Proof (e.g., Certificate of Incorporation for a Company/LLP, Partnership Deed for a firm).
- Digital Signature Certificate (DSC) (mandatory for Companies and LLPs).
2. Initiate Online Registration (Part A)
- Visit the official GST Portal (www.gst.gov.in).
- Click on Services > Registration > New Registration.
- Select Taxpayer and fill in Part A of Form GST REG-01.
- Enter the Legal Name of the Business (as per PAN), PAN, Email ID, and Mobile Number of the Primary Authorized Signatory.
- Verify the contact details using the One-Time Passwords (OTPs) sent to your email and mobile.
- Upon successful verification, you will receive a Temporary Reference Number (TRN).
3. Complete and Submit Application (Part B)
- Log in to the GST portal using your TRN.
- Fill in Part B of Form GST REG-01, providing detailed business information:
- Constitution of Business.
- Principal Place of Business (with address proof upload).
- Details of Promoters/Partners/Directors and Authorized Signatories.
- HSN/SAC codes for the goods and services you intend to supply.
- Bank Account details (with proof upload).
- Upload all required documents in the specified formats and size limits.
4. Aadhaar Authentication and Final Submission
- Complete Aadhaar Authentication for the primary authorized signatory and at least one promoter/partner. This is a critical step for the fast-track process and is usually done via OTP.
- Carefully review all the details.
- Submit the application using the Electronic Verification Code (EVC) (for proprietorships/partnerships) or Digital Signature Certificate (DSC) (mandatory for Companies/LLPs).
Automated Risk Assessment & Approval
After submission, the GST system performs an automated risk assessment using AI and data analytics to check the consistency of your PAN, Aadhaar, and other details.
- If your application is tagged as low-risk and all documents and authentications are consistent, the GSTIN is often allotted electronically within three working days (under Rule 9A).
- If the system flags potential concerns, the application may be sent for manual verification by a tax officer, which will extend the processing time beyond three days.
Comments
Post a Comment