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GSTN: New Registrants Required to Furnish Bank Details within 45 Days on GST Portal

New GST Registrants to Fill Bank Details within Time Limit

High Alert for New GST Registrants

Key and Useful Update for New GST Registrants. The Goods and Services Tax Network (GSTN) has made it legally mandatory for the new GST Registrants Under GST regime, registration is the foremost and the essential step for existing taxpayers as without registration they would not get GSTIN number which is a basic identity number of a taxpayer to provide the bank account details within a specific time limit.

According to Rule 10A, it is legally mandatory for GST taxpayers

  • To provide the bank account details within the 45 days of the time limit from the date of the grant of the registration or
  • The date on which return shall be required (as per section 39) to be furnished whichever is earlier

“Kindly update your Bank Account details within 45 days. GSTIN Registration may be canceled if such details are not updated within the timeline, the GSTN said.”

Steps to Update Bank Account Details on GST Portal

  • Login to the taxpayer portal
  • Go to Services
  • Click on Registration
  • Click on the tab Amendment of Registration Non-Core Fields
  • Select tab Bank Accounts
  • Add details of Bank Account (Account No., IFSC, Address, Bank Account type)
  • Click on the verification tab, select authorized signatory, enter a place
  • Sign application using DSC, E-sign or EVC

When the Notification was Issued

Through notification bearing number 31/2019 — Central Tax that is dated June 28, 2019, the Central Board of Indirect Taxes and Customs has notified the Central Goods and Services Tax (Fourth Amendments) Rules, 2019.
Consequently, a new rule 10A has been inserted in the Central Goods and Services Tax Rules, 2017.

Applicable to Whom

The provisions of rule 10A are applicable to a newly registered taxpayer who has recently received a certificate of registration in the Form GST REG-06 Get every details related to the certificate of registration in form GST REG-06. Also, we have included complete steps of downloading GST registration certificate along with issuance provisions and coverage. read more and who has been assigned Goods and Services Tax Identification Number (GSTIN).

Persons Who are Exempted from this Rule (10 A)

The aforesaid rule 10A is not applicable to the below-mentioned categories of persons:

  • The persons who have been registered as per rule 16 of GST rules, 2017
  • The persons who have been registered as per rule 12 of the Central Goods and Services Tax Rules, 2017

Repercussions of Non-Compliance of Rule 10A

Repercussions of Non-Compliance

If the aforesaid taxpayer does not furnish bank details within the mentioned time limit, then finally the registration of such taxpayer shall be cancelled.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Yash Bapna (Ex-employee)
I hold a degree in law, a diploma in mass communication, and a degree in management. Though I am a lawyer by profession, but writing has always been one of the things that I'm passionate about. View more posts
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Join the Conversation

14 thoughts on "GSTN: New Registrants Required to Furnish Bank Details within 45 Days on GST Portal"

    1. Today is my last date for adding banking details and the portal showing every time that access is denied .now how can I add my banking details

      1. Do you find the solution . i have same issue whenever i want to add bank details and open non-core fields it pop up like access denied

  1. I cross the time limit to upload bank details and now today my GTS all tab froze except the amendment field. I put my all details still my GST all tab like 3B GST 1 and all tab freeze. I submit my bank details. how many days take to active my GST.

  2. I am proprietor, having trade name for my proprietorship business.
    I already added current account on GST portal (my current a/c is on my trade name).
    Now I want to add saving account (Saving a/c is on my legal name, i.e. on my personal name).
    Please tell me, can I add both ? Current and saving both account ?
    Please respond. Thank you

  3. Can we add Savings Account in the GST Portal as I am a Consultant with GST Number and I don’t need a Current Account generally?

    Thanks in Advance

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