New Rule Notified to Cancel GST Registration

By | June 30, 2019
(Last Updated On: June 30, 2019)

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

  1. 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].

  1. 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]
  2. 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]
  3. Bank Accounts details are not mandatory in case of Suo motu registration by GST Officer [Rule 16 : Form REG 12 amended]

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