New Rule Notified to Cancel GST Registration

Video Tutorial on New Rule 10A of CGST Rules 2017 and GST Registration cancellation as per Notification No. 31/2019 – Central Tax Dated the 28th June, 2019

Rule 21 CGST Rules 2017:

Registration to be cancelled in certain cases

The registration granted to a person is liable to be cancelled, if the said person,—

(a)		does not conduct any business from the declared place of business; or
¹[(b)		issues invoice or bill without* supply of goods or services in violation of the provisions of the Act, or the rules made thereunder; or*
(c )		violates the provisions of section 171 of the Act or the rules made thereunder.]
[(d)		violates the provision of rule 10A.]

Note : Clause (d) inserted by Notification No. 31/2019 – Central Tax Dated the 28th June, 2019

Summary

New taxpayers are required to furnish the details of bank account on the portal

– within 45 days from the date on which registration is granted or

– the due date for filing of GSTR-3B for the first month,

whichever is earlier [Rule 10A CGST Rules 2017 inserted].

GST registration shall be cancelled if new registered supplier does not furnish the details of his bank account as required in Rule 10A referred to above [Rule 21 amended]
Bank Accounts details are not mandatory in case of Grant of registration to persons required to deduct tax at source or to collect tax at source [Rule 12 : Form REG 7 amended]
Bank Accounts details are not mandatory in case of Suo motu registration by GST Officer [Rule 16 : Form REG 12 amended]