GST Registration Status: An Up-to-Date Guide on Your Application Progress

Introduction

Goods and Services Tax (GST) is a value-added tax system introduced in India to simplify and streamline the indirect tax regime in the country. GST registration is a mandatory requirement for all businesses whose turnover exceeds a certain limit. In this blog, we will discuss the various GST registration status in India.

1. Active GST Registration: This is the status assigned to a business that has successfully registered for GST and is compliant with all the regulations. Businesses with active GST registration are eligible to avail of input tax credits and issue GST invoices to their customers.
2. Provisional GST Registration: This status is assigned to businesses that are in the process of obtaining a permanent GST registration number. A provisional registration number is valid for a limited period of time and is usually granted to businesses that have applied for GST registration but have not yet received their permanent number.
3. Cancelled GST Registration: This status is assigned to businesses that have had their GST registration cancelled by the government. This can happen due to non-compliance with GST regulations or due to the business ceasing operations.
4. Suspended GST Registration: This status is assigned to businesses whose GST registration has been temporarily suspended. This can happen due to non-compliance with GST regulations or due to the business not filing returns for a certain period of time.
5. Rejected GST Registration: This status is assigned to businesses that have had their GST registration application rejected by the government. This can happen due to incorrect or incomplete information provided during the registration process.
6. Deregistered GST Registration: This status is assigned to businesses that have voluntarily chosen to surrender their GST registration. This can happen when the business decides to close operations or when the turnover of the business falls below the mandatory registration threshold.
7. Amended GST Registration: This status is assigned to businesses that have made changes to their GST registration details. This can include changes to the business name, address, or nature of the business. Businesses with amended GST registration are required to inform the authorities about the changes and update their records accordingly.
8. Transferred GST Registration: This status is assigned to businesses that have transferred their GST registration from one state to another. This can happen when the business moves to a new location or expands operations to a different state. Businesses with transferred GST registration are required to inform the authorities about the change and update their records accordingly.
9. Duplicate GST Registration: This status is assigned to businesses that have obtained multiple GST registrations. This can happen due to errors during the registration process or due to fraudulent activities. Businesses with duplicate GST registration are required to surrender the duplicate registration and maintain only one valid GST registration.
10. Voluntarily Registered GST: In addition to mandatory GST registration, businesses may also choose to register for GST voluntarily. This can happen when the business’s turnover is below the mandatory registration threshold, but they still wish to avail of the benefits of GST, such as input tax credits and the ability to issue GST invoices.
11. Composition Scheme GST Registration: The composition scheme is a simplified compliance procedure for small businesses with a turnover of up to 1.5 crore INR. Under this scheme, businesses are required to pay a fixed rate of tax on their supplies and file returns on a quarterly basis. This scheme is only available for businesses engaged in the supply of goods and not services.
12. Input Service Distributor (ISD) GST Registration: An Input Service Distributor is a registered entity that distributes input tax credit to its branches or divisions. This scheme is applicable to businesses with multiple branches or divisions and helps in reducing the administrative burden of multiple GST registrations.
13. TDS/TCS Registration: TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) are provisions under the GST law for the deduction or collection of tax at the time of payment to suppliers. Businesses that are required to deduct or collect tax under TDS/TCS provisions are required to obtain a separate registration for the same.
14. Migration to GST: When the GST law was introduced in India, businesses were required to migrate their existing indirect tax registrations to the GST regime. This process involved transferring existing VAT, service tax, and other registrations to the GST system. Businesses were required to provide details of their existing registrations along with their GST registration application, to ensure a smooth transition to the GST regime.
15. GST Registration for Non-Resident Taxable Persons: Non-Resident Taxable Persons (NRTPs) are foreign entities that supply goods or services in India but do not have a permanent establishment in the country. NRTPs are required to obtain GST registration in India and are subject to the same GST regulations as resident businesses.
16. GST Registration for Casual Taxable Persons: Casual Taxable Persons (CTPs) are entities that occasionally supply goods or services in India but do not have a permanent establishment in the country. CTPs are required to obtain a temporary GST registration for the duration of their taxable supplies in India and are subject to the same GST regulations as resident businesses.
17. GST Registration for E-Commerce Operators: E-Commerce operators are entities that provide an online platform for the supply of goods or services by other businesses. E-Commerce operators are required to obtain GST registration in India and are responsible for collecting and depositing TCS (Tax Collected at Source) on behalf of the government.

In conclusion, the various GST registration statuses cater to the diverse needs of businesses in India and help simplify the indirect tax regime. It is crucial for businesses to understand the different GST registration statuses and choose the right one that suits their needs. Regular monitoring and updating of GST registration status can help ensure compliance with the laws and avoid any penalties or legal consequences.

Read more useful content:

• Business Operations with eWay Bill
• Section 80C
• Basics of Income Tax

Frequently Asked Questions (FAQs)

1. What is the GST registration status?

The GST registration status refers to the current status of a taxpayer’s GST registration, such as whether it is active, cancelled, or revoked.

2. How do I check my GST registration status?

You can check your GST registration status by visiting the GST portal and accessing your GST account. Alternatively, you can also check the status of your GST registration by providing your GSTIN (GST Identification Number) on the GST Common Portal.

3. What are the different GST registration statuses?

The different GST registration statuses include: Active, Cancelled, Revoked, Provisional, Suspended, and Cancelled (For Non-filing of Returns).

4. What does it mean when my GST registration status is active?

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When your GST registration status is active, it means that your GST registration is valid and in force. This means that you are able to conduct taxable business transactions and file GST returns.

5. What does it mean when my GST registration status is cancelled?

When your GST registration status is cancelled, it means that your GST registration is no longer valid. This may be due to various reasons, such as non-compliance with GST regulations or the closure of your business.

6. What does it mean when my GST registration status is revoked?

When your GST registration status is revoked, it means that your GST registration has been cancelled by the tax authorities. This may be due to non-compliance with GST regulations or other reasons as specified by the tax authorities.

7. Can I reapply for GST registration if my registration has been cancelled or revoked?

Yes, you can reapply for GST registration if your registration has been cancelled or revoked. You will need to submit a new application and fulfill all the required conditions for GST registration.

8. What should I do if I find any discrepancy in my GST registration status?

If you find any discrepancy in your GST registration status, you should immediately contact the concerned tax authorities and provide them with the necessary information and documents to rectify the discrepancy.

9. Is it mandatory to update my GST registration status?

Yes, it is mandatory to update your GST registration status as per the requirements of the GST regulations. Failure to do so may result in penalties and legal consequences.