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Showing posts with the label linking Aadhaar with GST

Why Aadhaar mandatory for GST Registration?

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Government has noticed in past two years that large number of fly-by-night operators are registering themselves as GST dealers. They make fake invoices also . So, to combat them, CBDT through notification No 17,18 and 19/2020 dated 23-03-2020 brought an amendment to CGST rules where Aadhaar Authentication has been made mandatory for GST Registration w.e.f 1st April 2020. Implementation was planned since 1 st January 2020 but Software development by Infosys was in progress. Impact of this amendment in GST Registration: 1.        Any person seeking GST registration must get Aadhaar Card as a pre-requisite before starting business. 2.        If person doesn’t have Aadhaar Card, then physical verification of principal place of business shall be mandatory which may take up to 60 days from date of application. So if you do not have Aadhaar Card, then you have to wait for proper officer to come for physical verification and ...