#AutomaticGSTRegistration https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">

Ease of doing business for Genuine business and honest Taxpayers.

Now you could start your new business with #GSTIN in JUST 3 days https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">

A thread https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

1/n With https://abs.twimg.com/emoji/v2/... draggable="false" alt="🆕" title="Quadratisches NEW" aria-label="Emoji: Quadratisches NEW"> 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& #39;s called the real speed of processing https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤘" title="Heavy-Metal-Handzeichen" aria-label="Emoji: Heavy-Metal-Handzeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⌛" title="Sanduhr" aria-label="Emoji: Sanduhr">

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

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 https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎯" title="Volltreffer" aria-label="Emoji: Volltreffer">

4/n

Very importantly, AA is to be done for ALL Promoters/ Partners/ Authorized Signatories/ Karta etc. as mentioned in the application.

5/n

However Aadhar authentication process is OPTIONAL and not mandatory.

#YOUCHOOSE

6/n Still don& #39;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. https://abs.twimg.com/emoji/v2/... draggable="false" alt="📑" title="Lesezeichen" aria-label="Emoji: Lesezeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗞" title="Eingerollte Zeitung" aria-label="Emoji: Eingerollte Zeitung">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧾" title="Receipt" aria-label="Emoji: Receipt">

This is definitively a very welcome move by @cbic_india for all #Startups and #Entrepreneurs in India https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇮🇳" title="Flagge von Indien" aria-label="Emoji: Flagge von Indien">

End of thread. Stay tuned for another thread soon. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔔" title="Glocke" aria-label="Emoji: Glocke">