An unnerving phase for business owners, as the State Goods and Service Tax (GST) department has revoked their registration number in the wake of errors and omissions made by them.
More than 12000 firms failed to file their GST returns in 2019, as a result of which their registrations got cancelled by the SGST department. We can not lay the blame for this on the stringent measures of the government as it was intimated that the filing of GST return Get to know the online procedure of filing GST return in India. Also, we provide each and every GST form according to the taxpayer category. Read more is mandatory, failure to which may get your registration cancelled. Moreover, it is the duty of the filers to accurately and timely file the tax return according to the government rules & regulations.
GST department of the Uttarakhand state encountered the errors and exclusions in the GST returns when it was examining the GST return status of all the GST registered firms, as a consequence, their registration number got cancelled and they will have to apply for a new GST registration number.
“The registration numbers of these firms were cancelled according to the law. Such firms should apply for the fresh registration number,” said Saujanya, sales tax commissioner.
Among the 1.20 lakh registered firms in the state of Uttarakhand, above 2000 firms did not even file the GST returns in 2019. The limits were seen surpassed further when it was encountered that some of the entities used the registration number of other business firms to carry out their operations.
“Filing of the GST returns is a mandatory requirement. Weeding out defaulters was necessary to ensure that they do not misuse their GST registration numbers. There have been cases where firms have used the GST registration number of other companies for their works.” said another official of state GST department, who did not want their identity to be revealed.
At present, the businessmen in the state are facing a disheartening period due to the revocation of their GST registration Get to know complete GST registration procedure online on Indian government GST portal official website. We have explained by the actual screenshot of every step. Read more. Alongside many defaulters, some of the genuine firm owners are also suffering this cancellation.
A city-based contractor said, “My firm didn’t carry out any business operation in 2019 because of the economic downturn. Nonetheless, my registration number has been cancelled.”
2019 had already been a gloomy phase for businessmen due to the recession, however, the beginning of 2020 has not even proved to be positive for them. Yet, among the many measures by the government to ease the compliance burden and benefit the taxpayers, it is hoped to bring glad tidings for the players by the mid of the new year.
Sir I want to cancel my GST no as I did no billing since 2018, so please let me suggest this process.
Please fill GSTR 10 form for the same