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Looking for the lowdown on GST Tracking? Check this out

Before the Goods and Services Tax (GST) came into play, the old tax structure made it incredibly difficult to calculate and file taxes. Many indirect taxes were charged at different stages, resulting in double taxation or a cascading effect. These indirect taxes include Value Added Tax (VAT), Service Tax, Entertainment Tax, and many others.

Fortunately, the Goods and Services Tax (GST) has managed to neutralize this problem. The Goods and Service Tax absorbs all these indirect taxes levied at various levels, thereby making you pay only one tax to the government on the purchases you make. GST has also played a role in reducing incidents of tax evasion and corruption. That’s why hiring a professional GST audit company can help you comply with the local tax regulations.

When am I required to complete my GST Online Registration?

You are liable to get the GST registration process done if you find yourself in one of the following scenarios:

  • If you are managing e-commerce or an online business
  • If you see a turnover of Rs. 40 Lakh or more, and a turnover of exceeding Rs. 20 Lakh, if you are in a special category state,
  • If you are running a business in Jammu and Kashmir, Himachal Pradesh, or Uttarakhand and see a turnover of Rs. 10 Lakh

After you submit your application for registration, it will take around 15 days for processing. During this time, you can use your Application Reference Number (ARN) to track your GST registration status and decide what to do next accordingly.

Defining Application Reference Number

An Application Reference Number is a unique identification number that you get when you perform GST transactions on the GST portal. You receive an ARN after you submit your GST application. You may use your ARN to find out your GST registration status.

The ARN has proven to help tons of taxpayers under the GST regime, and you can find all GST-related news and updates on the GST portal online, including GST registration. The best way to keep yourself up-to-date on all the GST related activities is by using your ARN on the GST portal.

How to check your GST Registration Status?

By now you may have understood the value of completing your GST registration online and getting a Goods and Services Tax Identification Number (GSTIN). If you are done with your application for registration, be sure to follow these steps to check your GST status:

  • You will have to log in to the official GST website and click on the services tab. Choose the registration option.

  • Now, you will find three options, one of which is the track application status option. Click on that button.

  • After this, enter the ARN in the space provided along with the captcha code that you are asked to enter. Your GST registration status will be displayed on the screen once you enter the ARN and the correct captcha code.

What are the different GST Registration Statuses You can Expect?

You will need to fill-up the form in two sections of the GST REG-01 form to apply for GST registration. Once you are done with the GST registration process after having submitted the important details, you should get a Temporary Reference Number (TRN).

Make use of the TRN to fill the second part of the GST application. At the end of the application process, you will receive a confirmation along with an ARN. The following show the different registration statuses you can expect, based on how you’ve filled up the application form.

Pending For Verification

Your GST application has been submitted but not yet verified.

Validation Against Error

The Personal Account Number (PAN) details you’ve submitted do not match the income tax department’s corresponding records. Make sure you get this checked as soon as possible.

Provisional Status

Your application has yet been filed. You will get a temporary ID until such time.

Migrated Status

Your migration application was carried out successfully.

Canceled Status

It means your application has failed and that you will have to re-register for your Goods and Services Tax Identification Number.