Functioning of Central Registration Unit for GST Registrations

Introduction

Goods and Services Tax (GST) is a tax that is levied on the supply of goods and services in India. GST registration is mandatory for businesses with an annual turnover of more than Rs. 20 lakhs. The registration process is done through the Central Registration Unit (CRU) established by the Goods and Services Tax Network (GSTN). The CRU is responsible for processing and approving GST registration applications.

The Role of the CRU

The CRU is responsible for processing and approving GST registration applications. Once the application is submitted to the CRU, it is verified for completeness and accuracy of information. The CRU conducts a thorough review of the application and may seek additional information or clarification from the applicant if required. Once the application is deemed complete, the CRU forwards it to the concerned State or Central tax authority for approval.

The CRU also maintains a database of all registered taxpayers and issues a unique GST identification number (GSTIN) to each registered taxpayer. The GSTIN is a 15-digit alphanumeric code that is used to identify the taxpayer and is required for all GST-related transactions.

The CRU Registration Process

The registration process for GST through the CRU is simple and straightforward. The applicant can submit the application online through the GST portal. The portal requires the applicant to provide certain information, such as the name and address of the business, details of the proprietors, partners, or directors, PAN number, and bank account details. Once the application is submitted, the applicant can track the status of the application on the GST portal.

The CRU reviews the application and may seek additional information or clarification from the applicant if required. Once the application is deemed complete, the CRU forwards it to the concerned State or Central tax authority for approval. The State or Central tax authority may also seek additional information or clarification from the applicant before approving the registration. Once the registration is approved, the GSTIN is issued to the applicant.

Conclusion

The Central Registration Unit (CRU) plays a crucial role in the GST registration process in India. It is responsible for processing and approving GST registration applications and maintaining a database of all registered taxpayers. The registration process through the CRU is simple and straightforward, and the applicant can track the status of the application on the GST portal. The CRU is committed to providing efficient and reliable service to the taxpayers in India.