Form GST REG-01 is an application form for obtaining Goods and Services Tax (GST) registration. The present article tries to simplify the understanding of Form GST REG-01.
As per rule 8(1) of the Central Goods and Services Tax Rules, 2017, every person willing to obtain GST registration is required to file an application in Form GST REG-01. However, Form GST REG-01 doesn’t apply to the following categories of persons-
Basically, Form GST REG-01 is divided into two parts i.e. Part-A and Part-B. Going through the below paras one would easily understand the filing of an application in Form GST REG-01.
1. Steps to be followed to reach Form GST REG-01 on the GST portal-
Services > Registration > New Registration
Once the applicant follows all the above steps, Part-A of Form GST REG-01 will appear.
2. Proceed towards the filing of Part-A of Form GST REG-01-
Once all the above verification is done, the Part-A of Form GST REG-01 will be complete. Accordingly, on completion of Part-A, Temporary Reference Number will be displayed.
3. Proceed towards the filing of Part-B of Form GST REG-01-
Once the applicant follows all the above steps/ procedure, the filing of Form GST REG-01 comes to an end.
Vide notification no. 62/2020- Central Tax dated 20th August 2020, provision of Aadhaar authentication is introduced in GST registration. As per the provision, the applicant applying for GST registration can opt for Aadhaar authentication (the same is not mandatory).
However, in case the applicant doesn’t opt for Aadhaar authentication, then it is possible that the department officer would conduct physical verification of the place of business before granting GST registration.
Based on the status of Aadhaar authentication, the time limit within which the GST registration shall be deemed to be approved is explained hereunder-
|Particulars||The time limit of deemed approval of GST registration|
|Opted for Aadhaar authentication and successfully authenticated the same||Three working days|
|Opted for Aadhaar authentication, however, fails to successfully authenticate the same||Twenty-one working days|
|Doesn’t opted for Aadhaar authentication||Twenty-one working days|