Completed with all Legal Formalities: Check the ARN status Too

Check the ARN status

As an attempt to simplify the process of filing GST, the Government of India has made the GST online portal accessible to every taxpayer. Regardless, to benefit from the online facility, individuals need to get their respective company or venture registered under GST. Check the ARN status.

Being a thorough process, registration under GST guidelines takes about two weeks to be completed.

Nevertheless, applicants can keep track of their ARN status to be better informed about the development of their registration process.

To figure out the same, they are required to be familiar with the formalities that are required to check it. This directly makes it a necessity while getting one’s company registered under GST.

To elaborate, they would be required to find out the steps involved to check such status. Additionally, they need to learn the different stages of the GST registration process.

Steps to Check the ARN status

The full form of ARN is the Application Reference Number. Typically, it is generated automatically on the online GST portal after an applicant has submitted their application for GST registration.

To further streamline the registration process, they should check out how to register for GST online.

With the help of their respective application reference number, applicants can track their ARN status online easily.

These following steps highlight the process involved –

1. Visit the official GST portal.
2. In the menu tab, click on ‘Services’.
3. Click on ‘Registration’ header.
4. Click on ‘Track Application Status’.
5. Enter your ARN number and enter the CAPTCHA.
6. Post submission, the ARN status would appear.

On completing these simple steps, applicants will learn about their registration status. Further, it would also equip them with valuable insights about GST in general.

However, to understand the application status better, applicants need to be aware of the meaning of the different registration status.

GST registration status – Meaning

Possessing a fair idea of the different stages of registration and associated terminologies, individuals would be able to understand their ARN status better.

For example,

1. The form has been assigned to the approving officer: An authoritative government officer has received the form which is yet to be processed.
2. Awaiting clarification: The concerned authority has requested clarification pertaining to the GST registration form. Such clarification is to be forwarded through the official GST portal.
3. Clarification has been filed – Awaiting orders: Once applicants have extended a substantial explanation, they may expect an official order soon.
4. Verification is not filed – Awaiting orders: In case applicants fail to provide necessary clarification, they are likely to receive an order rejecting their application.
5. Application has been approved: In the event of approval, applicants would require their respective GSTIN and application for registration shortly.
6. Application has been rejected: However, this ARN status indicates that their application has been denied.

Regardless, to further understand the steps and associated terminologies in detail, you should learn more about the GST registration procedure in India.

In doing so, you will gain valuable insight into its role. It will come in handy for understanding how GST tends to impact the various sectors of MSMEs in general as well as reap the benefits of GST.

Additionally, make it a point to find out the required set of documents to streamline the entire process in a hassle-free manner.

For example, to complete the GST registration process applicants need to submit these following documents –

For sole proprietors and individuals

1. PAN card
2. Aadhaar card
3. Proof of address
4. Bank account details
5. Passport-size photograph

For partnership firms and LLPs

1. PAN card
2. Partnership deed
3. Proof of business establishment
4. Bank account details
5. Aadhaar card
6. Proof of registration for LLP
7. Proof of appointment for signatory

For companies

1. Company’s PAN card
2. Signatory’s PAN card and Aadhaar card
3. PAN card and Aadhaar card of directors
4. Articles of association/ company memorandum
5. Ministry of corporate affairs incorporation certificate
6. Proof of business establishment
7. Bank account details

Filing GST is mandatory for MSMEs in India, and therefore, entrepreneurs must make it a point to register under the same to prevent legal repercussions on their venture.

However, if small or mid business owners find maintaining their working capital difficult while paying their tax liabilities, they can avail additional financial assistance.

For instance, they may avail a business loan from trusted NBFCs like Bajaj Finserv to keep their business operations active and running.

Bajaj Finserv provides pre-approved offers on several financial products like business loans, loan against property, personal loans, etc. This directly makes the loan process time saving and hassle-free.

Hence, by following the steps involved, one can check their ARN status online quite effectively once they have registered under GST successfully. Further, by making it a point to file GST returns on time individuals can enjoy the benefits that come along with it.

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