Business

CBIC Streamlines GST Registration: A 7-Day Approval Guarantee to Boost Business Efficiency

Streamlining GST Registration Process

The Central Board of Indirect Taxes and Customs (CBIC) has introduced a groundbreaking directive aimed at simplifying the GST registration process for businesses. With a new 7-day approval deadline, the CBIC addresses long-standing complaints about delays and excessive documentation demands.

GST registration to get smoother: CBIC sets 7-day approval deadline

Revised Instructions for Smoother Processing

Field officers are now restricted to an indicative list of documents, all to be submitted online, eliminating unwarranted requests. However, applications deemed risky will undergo a 30-day verification process, including physical premises checks.

Standardizing Documentation

The CBIC has clarified acceptable proofs for business locations, such as property tax receipts or electricity bills, and emphasized that no additional paperwork beyond the prescribed list should be demanded. This move is expected to reduce registration delays and avoidable rejections, ensuring fair treatment for all applicants.

Expert Insights on the Reforms

Rajat Mohan of AMRG & associates highlights the instruction's role in eliminating discretionary practices and administrative overreach, marking a significant step forward for businesses, especially startups and those in rented premises.