Quick Summary
The Institute of Chartered Accountants of India (ICAI) has suggested a wide range of changes to the GST registration and refund processes, with a focus on reducing procedural hurdles, improving portal functionality and making compliance more predictable for taxpayers. The suggestions have been submitted by ICAIs GST Indirect Taxes Committee for the consideration of the Government. The proposed reforms cover both GST registration and GST refunds, including application tracking, biometric verifi
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FAQ :
The main goal is to reduce procedural hurdles, improve GST portal functionality, and make compliance more predictable for taxpayers by simplifying GST registration and refund processes.
ICAI suggests a single-window registration for new companies, PAN-level biometric verification, separate categories for co-working premises, higher document upload limits, and the ability to list more than 10 partners.
ICAI proposes faster refund processing, automatic calculation of interest on delayed refunds, greater auto-population of refund data, and a simplified mechanism for refunding electronic cash ledger balances.
ICAI wants officers to issue more specific queries in FORM GST REG-03, identifying the exact field or document needing correction, rather than issuing generic requests.
ICAI recommends that rejection orders (FORM GST REG-05) should clearly explain the reasons for rejection, including the query, reply, and the specific legal provision. They also suggest offering a hearing facility.
ICAI has proposed a 'Registration Activity Log' similar to courier tracking, which would allow taxpayers to see the various stages of their application's progress, from submission to approval or rejection.
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