{"id":3154,"date":"2021-03-10T05:38:32","date_gmt":"2021-03-10T05:38:32","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=3154"},"modified":"2021-03-10T05:39:51","modified_gmt":"2021-03-10T05:39:51","slug":"aadhar-authentication-for-gstin-made-compulsory-by-mca","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/","title":{"rendered":"Aadhar Authentication for GSTIN made compulsory by MCA"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The Ministry of Corporate Affairs or MCA, by way of\na notification dated 05.03.2021, has notified that Aadhar Authentication for\nGSTIN will be made compulsory for the <strong><a href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\" class=\"text-primary\">incorporation\nof company<\/a><\/strong>. The same has been notified by the rules named the Companies\n(Incorporation) Third Amendment Rules 2021.<\/p>\n\n\n\n<p>Also, it shall be noted that the above mentioned\nrules will amend the Companies (Incorporation) Rules 2014 and will come into\nforce from the date of publication.<\/p>\n\n\n\n<p>Further, the said amendment has been notified by\nexercising the powers provided under section 469 (1) and (2) of the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Companies_Act_2013\">Companies Act 2013<\/a>.<\/p>\n\n\n\n<p>In this learning blog, we will talk about the\nconcept of GST Registration, and Aadhar Authentication, together with the\nchanges made in the provisions of the Companies (Incorporation) Rules 2014\nconcerning mandatory Aadhar Authentication for GSTIN.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a5f05b4adc\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a5f05b4adc\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/#Concept_of_GST_Registration\" title=\"Concept of GST Registration \">Concept of GST Registration <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/#Concept_of_Aadhar_Authentication\" title=\"Concept of Aadhar Authentication\">Concept of Aadhar Authentication<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/#Key_Changes_regarding_Aadhar_Authentication_for_GSTIN\" title=\"Key Changes regarding Aadhar Authentication for GSTIN\">Key Changes regarding Aadhar Authentication for GSTIN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/blog\/aadhar-authentication-for-gstin-made-compulsory-by-mca\/#Official_MCA_Notification_on_Aadhar_Authentication_for_GSTIN\" title=\"Official MCA Notification on Aadhar Authentication for GSTIN\">Official MCA Notification on Aadhar Authentication for GSTIN<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_GST_Registration\"><\/span>Concept of GST Registration <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The acronym GST stands for Goods and Service Tax\nRegistration. In this, all the businesses having an annual business turnover of\nRs 40 lakhs or Rs 10 lakhs (in the case of Hilly or North Eastern states) requires\nto register themselves as normal taxable person. The process followed for the\nsame is known as <strong><a href=\"https:\/\/swaritadvisors.com\/gst-registration\" class=\"text-primary\">GST Registration<\/a><\/strong>.<\/p>\n\n\n\n<p>Further, it shall be noted that taking GSTIN\nRegistration is compulsory for every business entity. That means carrying out\nthe operations without a valid registration will attract hefty penalties.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_Aadhar_Authentication\"><\/span>Concept of Aadhar Authentication<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The term\nAadhar Authentication denotes a process by which the provided Aadhar Number,\ntogether with the biometric information or demographic information of the\nAadhar Card Holder, is submitted to the CIDR (Central Identities Data\nRepository) for its verification. Also, it shall be notified that such\nrepository verifies and examines the correctness, or the lack thereof, based on\nthe information available with it. <\/p>\n\n\n\n<p>Further, the\npurpose behind the process of Aadhar Authentication is to facilitate a digital\nand online identity platform so that the identity of the Aadhar Number Holder\ncan be authenticated instantly anytime, anywhere.<\/p>\n\n\n\n<p>Lastly, it shall be noted that a request for\nauthentication shall be entertained by the Authority only if the applicant has\nsent a request electronically in accordance with the regulations prescribed and\ncomplying with the specifications provided by the Authority.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Changes_regarding_Aadhar_Authentication_for_GSTIN\"><\/span>Key Changes regarding Aadhar Authentication for GSTIN<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key changes made in the provisions of the\nCompanies (Incorporation) Rules 2014 concerning the Aadhar Authorisation for\nGSTIN can be summarised as:<\/p>\n\n\n\n<ul><li>A tab stating\n\u201cDo you want to undergo the Aadhar Authorisation for GSTIN Registration\u201d will\nbe inserted at the end of Table A of serial number 12, part of SPICe+ in\nAnnexure of MCA Form INC 35 AGILE \u2013 PRO.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a nutshell, the\nMinistry of Corporate Affairs has made the Aadhar Authentication for GSTIN\ncompulsory by amending the provisions of the Companies (Incorporation) Rules\n2014. The same has been done to infuse more transparency in the process of\ncompany incorporation and to facilitate a digital and online identity platform to\ncheck and authenticate the identity of the Aadhar Number Holder instantly\nanytime, anywhere.<\/p>\n\n\n\n<p><strong>Also, Read:<\/strong> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/mca-decides-to-relax-additional-fees-and-extend-the-last-date-of-filing-of-form-cra-4\/\">MCA Decides to Relax Additional Fees and Extend the Last Date of Filing of Form CRA-4<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Official_MCA_Notification_on_Aadhar_Authentication_for_GSTIN\"><\/span>Official MCA Notification on Aadhar Authentication for GSTIN<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<a href=\"https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/03\/Official-MCA-Notification-on-Aadhar-Authentication-for-GSTIN.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">Official-MCA-Notification-on-Aadhar-Authentication-for-GSTIN<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Corporate Affairs or MCA, by way of a notification dated 05.03.2021, has notified that Aadhar Authentication for GSTIN will be made compulsory for the incorporation of company. The same has been notified by the rules named the Companies (Incorporation) Third Amendment Rules 2021. Also, it shall be noted that the above mentioned [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[39,50],"tags":[477],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3154"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=3154"}],"version-history":[{"count":5,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3154\/revisions"}],"predecessor-version":[{"id":3161,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3154\/revisions\/3161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/3155"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=3154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=3154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=3154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}