GST Registration

The government has allowed businesses, whose GST registrations were cancelled for non-filing of returns, to apply for revocation of the cancellation by June 30, after paying due taxes, interest and penalty. The finance ministry has made amendments in the Central GST act specifying that businesses whose registration have been cancelled on or before December 31, 2022, and who have failed to apply for revocation of cancellation within the specified period can do so by June 30, 2023. However, the application for revocation shall be filed only after furnishing the returns due up to the effective date of cancellation of registration and after payment of any amount due as tax, in terms of such returns, along with any amount payable towards interest, penalty and late fees. No further extension of time period for filing application for revocation of cancellation of registration shall be available in such cases, as per the finance ministry notification. This would act as relief for taxpayers

Court says notice for cancelling registration should not be sent out in cavalier manner

The Bombay High Court has issued notices to the Union and Maharashtra governments seeking their response to a petition against an amendment to the Goods and Services Tax (GST) Rules by which GST registration can be suspended without giving the affected party a hearing. A division bench of Justices K R Shriram and A S Doctor, on August 29, issued notice to the Attorney General of India and Advocate General of Maharashtra as the plea challenges the validity of a provision of law. The order was made available on Monday. The court was hearing a petition filed by SAT Industries Limited challenging a show cause notice issued to it in August 2022 for cancellation of its GST registration. As per the firm's plea, in the notice itself it has been stated that "please note that your registration stands suspended with effect from 08/08/2022". Senior counsel Vineet Kothari, appearing for the petitioner, claimed the original Rule 21A (2) of the Central Goods and Service Tax Rules, 2017 provided t

Court orders CBIC to issue austere circular mandating tax officers not to cancel registration of any taxpayer during the pandemic period otherwise than on charges of tax evasion

However, Indian citizens will have to follow the Aadhaar authentication or personal verification route for GST registration

SHRPL is believed to have have availed and utilised fraudulent ITC of Rs 21.56 crore on an invoice value of Rs 121.76 crore

Rule 86B under Central GST Act limits use of input tax credit for discharging liability, changes GST registration rules as well

Those who have been given registration without Aadhaar authentication would be taken as deemed registration.

The Central Board of Indirect Taxes and Customs (CBIC) last week notified Aadhaar authentication for GST registration with effect from August 21, 2020

The individual, in his application, had disclosed that his total receipts in 2018-19 fiscal were about Rs 20.12 lakh, including rent receipt of Rs 9.84 lakh

Till March 31, 2020, GSTN had enabled 1,748 tax officers from 18 states/UTs to access office through VPN, a secure way to access office networks.

CBIC said it is providing a "one-time opportunity" to apply for revocation of cancellation of GST registration for those entities for whom cancellation order has been passed up to March 31, 2019

Currently, over 11.5 million businesses are registered under the GST regime, of which 6.37 million have migrated from the erstwhile service tax and VAT regime, and over 5.1 million are new registrants

State expects to earn Rs 55, 787 cr from tax collection in FY18

Figure of new registrations approved in GST crosses 1 million today: Hasmukh Adhia