Extension of time-line for amendment in GST returns and claiming ITC vide notification No. 18/2022-Central Tax dated 28.09.2022
September 30, 2022Compulsory Reversal of GST Credit by Buyers for Non-Payment of GST by Supplier
October 1, 2022
Cancellation of registration on non-filing of GST return for the specified period w.e.f October 1st, 2022: Section 29(2)(b) of the CGST Act
One of reason for the cancellation of GSTIN by Proper Officer:
- Composition dealers: Now registration can be cancelled if the return is not filed within 3 months of the prescribed due date of furnishing return i.e. GSTR-4.
- Other than Composition dealers: Now registration can be cancelled if the return has not been filed for a continuous tax period which is prescribed as 6 months (for normal taxpayer /2tax period for QRMP)
