Understanding the Basics of Securities Markets
A plain-English guide to securities markets in India: equity vs debt, primary vs secondary markets, SEBI's role, and Tax Year 2026-27 rates explained with worked examples.
After you submit a GST application you get a 15-character ARN. Enter it on the GST portal's Track Application Status page — no login needed — to see whether the application is pending, needs clarification, or has been approved. This page explains every status and what you should do at each one.
Lost the ARN? Search your email for the acknowledgement from the GST portal. If you can log in with a TRN or as a registered user, use Track Application Status → Submission Period to find applications by date instead.
| Status | What is happening | What you should do |
|---|---|---|
Pending for Processing | The application is with the tax officer. | Wait. Keep an eye on email and SMS. |
Site Verification Assigned / Pending | The officer has ordered a physical check of your premises. | Make sure someone is available at the address with the original documents. |
Pending for Clarification | The officer issued a query in Form REG-03. | Reply in REG-04 within 7 working days. |
Clarification filed – Pending for Order | Your reply is with the officer. | Wait for the decision. |
Clarification not filed – Pending for Order | The reply deadline passed without a response. | Expect a rejection. Reapply with corrected documents. |
Approved | Your GSTIN has been issued. | Log in and download the certificate (REG-06). |
Rejected | Rejected in Form REG-05, with reasons. | Fix the reasons given and file a fresh application. |
Most queries are about the place of business, so a clear, recent proof with a matching address avoids most of them. TaxQue's GST registration team prepares REG-04 replies when a query comes up.
Each of these can be fixed in a REG-04 reply. The fix is usually a clearer document and a short explanation, not a new application.
Since 1 November 2025, applications the system marks as low-risk are approved within 3 working days. For others, the officer has 7 working days to decide, extended to 30 days where a site verification is ordered. A REG-03 query pauses the clock until you reply.
Not sure what the characters in your ARN mean? See ARN full form in GST.
This article is published by TaxQue (ARB FinTech LLP) for general informational, educational, and business guidance purposes only. Tax laws, GST rules, MCA circulars, and judicial precedents are subject to frequent statutory revisions. This content does not constitute formal individualized tax, accounting, or legal counsel.
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A plain-English guide to securities markets in India: equity vs debt, primary vs secondary markets, SEBI's role, and Tax Year 2026-27 rates explained with worked examples.
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