#AutomaticGSTRegistration 
Ease of doing business for Genuine business and honest Taxpayers.
Now you could start your new business with #GSTIN in JUST 3 days
A thread

Ease of doing business for Genuine business and honest Taxpayers.
Now you could start your new business with #GSTIN in JUST 3 days

A thread


1/n With
process in place a taxpayer registering under GST can opt for Aadhaar authentication(AA), in which case registration is deemed to be granted within 3 days WITHOUT physical inspection of the premises.
Just 3 DAYS!!!
That's called the real speed of processing

Just 3 DAYS!!!
That's called the real speed of processing


2/n
If the registration authority does NOT take any action (does NOT issue any SCN) within 3 days of successful AA, then the GST registration is DEEMED to be GRANTED.
#Automatic Registration with #AA
If the registration authority does NOT take any action (does NOT issue any SCN) within 3 days of successful AA, then the GST registration is DEEMED to be GRANTED.
#Automatic Registration with #AA
3/n In the process, Authorised signatory (all businesses), Managing and Authorised partners of a partnership firm and Karta of an HUF, applying for new registration, can opt for E-KYC authentication of their Aadhaar number.
#NewRequirement
#NewRequirement

4/n
Very importantly, AA is to be done for ALL Promoters/ Partners/ Authorized Signatories/ Karta etc. as mentioned in the application.
Very importantly, AA is to be done for ALL Promoters/ Partners/ Authorized Signatories/ Karta etc. as mentioned in the application.
6/n Still don't wanna opt for AA?
So now the time period could be upto 21 days & authorities can undertake PHYSICAL #verification of your place of business OR a detailed review of documents as required.

So now the time period could be upto 21 days & authorities can undertake PHYSICAL #verification of your place of business OR a detailed review of documents as required.



This is definitively a very welcome move by @cbic_india for all #Startups and #Entrepreneurs in India
End of thread. Stay tuned for another thread soon.

End of thread. Stay tuned for another thread soon.
