Introduction
Dealing with the complexities of Goods and Services Tax (GST) registration is still a very difficult task for businesses. After registration, it is very helpful in running the business effectively. If you want to make this process easier, then it is very important that you completely understand the registration process and the time it takes. In this article we will explain in detail about the GST Registration Timeline Calculator, which is basically designed to streamline the registration journey for all types of business. Let us dive deeper into how you can estimate the time it will take for your registration with the help of this calculator.
What is GST Registration?
If the turnover of any business is more than Rs 40 lakh, Rs 20 lakh or Rs 10 lakh, then the business owner will have to compulsorily register himself as a normal taxpayer under Goods and Services Tax (GST). This is what we call GST registration. After the completion of the GST registration process, the Central Government provides you a 15 digit Good and Services Tax Identification Number. This 15 digit GSTIN is mainly used to determine whether the business is liable to pay GST or not.
Find your GST approval time now!
Click the button below to access our GST registration timeline calculator:
Calculate GST TimelineGST Registration Timeline Calculator
The main function of the GST registration timeline calculator is to estimate the time taken for the GST registration process. It usually provides an estimated timeline keeping in mind the time it will take to complete various steps such as application submission and verification.
How to Use GST Timeline Calculator
- Enter the Submission Date: Simply enter the date you submitted your GST application.
- Receive Your Timeline: Our algorithm processes the data and generates an estimated approval date.
Timeline for GST registration and obtaining GST number
- GST registration deadline generally depends on the type of taxpayer, accuracy of details submitted, completion of application and submission of documents.
- If you file the application correctly and upload the documents correctly then you get the ARN. It usually takes around 3 to 7 days for the registration to be processed and the GST number and registration certificate to be received.
- Basically this time limit can be extended by 30 days if the applicant fails to complete Aadhaar authentication for any reason, or does not opt for Aadhaar authentication, or if the authorities deem it necessary to conduct physical verification of the place of business.
- As per this notification, the time limit for issuing notice in Form GST REG-03, i.e. notice seeking additional information, or documents relating to application for registration, has been extended by seven working days.
Reason for Cancellation of GST Registration
There are some main reasons due to which your GST registration can be suspended, those reasons are as follows -
- GST registration can also be suspended if there is any change in the constitution of the business.
- There may also be a possibility of suspension of registration if a business is transferred or merged.
- Registration may be suspended if the taxpayer does not fully comply with the rules of the CST Act.
- If for any reason the taxpayer voluntarily applies for cancellation of registration, the authority concerned shall suspend the registration.
- If you are not operating your business from the location mentioned in your documents, your registration can also be suspended if your business is being operated from another location.
- As per GST rules, your registration can be suspended if you do not start operating your business within 6 months of registration
- Registration is also canceled if the person carrying on other business has not furnished the return for a period of 6 months other than the composite scheme.
Conclusion
The GST Registration Timeline Calculator is very helpful for businesses to estimate the time taken for registration. By providing clear details of the various steps and timelines involved, it seamlessly enables businesses to plan their registration process effectively. In this article we have told you what is GST registration, what are the reasons for rejection of your GST registration and how to use the GST registration timeline calculator.