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GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvals

The Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies will no longer need to provide Udyam certificates or face rejections due to unpaid bills. Registration applications must be processed within seven working days with Aadhaar authentication. Tax demands must include clear justifications and cannot be arbitrary.…

GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvals

The Central Board of Indirect Taxes and Customs (CBIC) has made GST registration easier by eliminating the need for businesses to provide Udyam certificates proving their MSME status or explain why they operate from residential premises. This will benefit many MSMEs and businesses using coworking spaces. The CBIC has also set a seven-day deadline for processing applications, provided Aadhaar authentication is successful.

Officials will now process requests with successful Aadhaar authentication within seven working days, rather than rejecting applications over minor issues like unpaid electricity and water bills. The board has also directed tax officers to rely on documentary evidence when making tax demands and to provide a detailed explanation of how the amounts were calculated.

The clarification aims to reduce compliance hurdles and tax disputes, bringing greater certainty, consistency, and standardisation to tax administration.

Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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