August 24, 2023
What is the Cancellation of GST Registration?GST registration cancellation denotes the exclusion of a taxpayer from the GST-registered persons list, thereby exempting them from GST payment, collection, input tax credit claims, and return filing duties.Governed by CGST Act Section 29 and CGST Rules 20-22, this can occur voluntarily, through taxpayer initiation, or compulsorily due to
March 15, 2021
GST Cancellation update: On 22/12/2020, vide notification no. 94/2020, sub-rule (2A) has been inserted under Rule 21A which provides for immediate suspension of GST registration of a person in following scenarios:Details of GSTR-1 differs from Details of GSTR-3BDetails of GSTR-2B differs from Details of GSTR-3B.This means if GST officer finds any significant anomalies under GSTR-3B as