‘Significant Anomalies’ In Taxpayer’s Sales Return Will Lead To Immediate Suspension of GST Registration: CBIC

The registration of the GST officer will need to get canceled of those assessees whose sales return or GSTR-1 form reveals “significant differences or anomalies” from the return furnished through the suppliers a move to target at curbing the tax theft and securing the revenues.

The CBIC has issued a Standard Operating Procedure (SOP) towards the refusal of the enrollment of the individual on seeing these discrepancies which show the GST violation. According to the SOP, the enrollment of the particular assessee will be suspended and the platform generated intimation for suspension and notice for the cancellation of the enrollment in Form GST REG-31 Get to know about the new form GST REG 31 that is related to intimation for suspension & registration cancellation notice. Also, we have provided the GST Reg 31 format, which consists of the cause of pause. Will be sent to this assessee upon the enrolled email address.

The enrollment will be paused in the comparison of the returns filed through the enrolled individual with the information of the outgoing supplies concluded on the grounds of the information supplies filed through his suppliers in their GSTR-1 reveals the particular comparisons displaying the violation of the procurements of the GST Act.

“Till the time functionality for FORM REG-31 is made available on portal, such notice/intimation shall be made available to the taxpayer on their dashboard on the common portal in Form GST REG-17”. “The taxpayers will be able to view the notice in the ‘View/Notice and Order’ tab post login,” commented SOP.

GST officers have previously escalated their drive with respect to the bogus invoicing and this will pay to the rise in tax collections in the past 2 months. In January GST collections touched Rs 1.20 lakh cr, making the collection reach over 1 lakh crore consistently for 4 months.

An answer is needed to be furnished towards the jurisdictional tax officer, in 30 days whose enrollment is paused directed by the SOP from the date of receipt of the notice revealing the discrepancies along with cause that why their enrollment not to be getting canceled. Within 30 days of the receipt, an answer is required which is to be sent to the jurisdictional officer through the common portal.

If in case the implication for the postponement and the notice for the cancellation of the GST registration is provided on the basis of the non-furnishing of the returns the said individual might furnish all the left returns and provide the answer comments SOP.