Aadhaar authentication for GST registration now required; failure triggers mandatory physical verification and refund re-credit rules updated. Aadhaar authentication is required for GST registration from 01-04-2020 and failure to authenticate (except notified exemptions) triggers registration only after physical verification of the principal place of business within sixty days; rule 25 is substituted to require verification in presence of the person and upload of reports and photos in FORM GST REG-30 within fifteen working days. Input tax credit rules for capital goods set a five year useful life, provide direct credit to the electronic ledger, and prescribe adjustments where classification changes. Refund procedures mandate re credit to the electronic ledger by FORM GST PMT-03 and recovery where export proceeds are not realised under rule 96B.
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Provisions expressly mentioned in the judgment/order text.
Aadhaar authentication for GST registration now required; failure triggers mandatory physical verification and refund re-credit rules updated.
Aadhaar authentication is required for GST registration from 01-04-2020 and failure to authenticate (except notified exemptions) triggers registration only after physical verification of the principal place of business within sixty days; rule 25 is substituted to require verification in presence of the person and upload of reports and photos in FORM GST REG-30 within fifteen working days. Input tax credit rules for capital goods set a five year useful life, provide direct credit to the electronic ledger, and prescribe adjustments where classification changes. Refund procedures mandate re credit to the electronic ledger by FORM GST PMT-03 and recovery where export proceeds are not realised under rule 96B.
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