#GST #Notification 94/2020- Key Extracts CGST(Fourteenth Amendment) Rules 2020
Cancellation of #GSTIN made more stringent
Cancellation of #GSTIN made more stringent
With insertion of new clauses to Rule 21 - Officer can proceed for cancellation of GSTIN
Clause (e) - where a taxpayer avails Input Tax Credit (ITC) exceeding than that permissible in Section 16.
(Section 16 is eligibility and conditions for claiming ITC)
Clause (e) - where a taxpayer avails Input Tax Credit (ITC) exceeding than that permissible in Section 16.
(Section 16 is eligibility and conditions for claiming ITC)
*Clause (f) * -where the liability declared in GSTR 3B is less than that declared in GSTR 1 in a particular month.
The words “after affording the said person with reasonable opportunity of being heard has been omitted from clause (2) of Rule 21A.
Impact to this will be that no opportunity of being heard will be given to a taxpayer for suspension of GSTIN, where the proper officer has reasons to believe that the registration of person is liable to be cancelled
Where there are significant anomalies between details of outward supply between GSTR3B and GSTR1 or inward supplies between GSTR3B and GSTR2B which indicate contravention of Act, department shall issue SCN in a newly introduced FORM REG-31 as to why GSTIN should not be cancelled.
Taxpayer shall be required to submit his response within 30 days of service of notice
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