Tax authorities cancel 1.63 lakh GST registrations in October-November due to non-compliance : ET.
Dear all,
Your association SIMA is forwarding herewith a News Article published by The Economic Times on dated 12/12/2020 regarding "Tax authorities cancel 1.63 lakh GST registrations in October-November due to non-compliance".
As per the article, Goods and service tax (GST) field formations have cancelled 1,63,042 registrations in October and November due to non-filing of GSTR-3B returns for more than six months. The action was taken to handle the menace of fake firms, fly-by-night operators and circular trading entities. The entities who had not filed their GSTR-3B returns for more than six months were first issued the cancellation notices and then their registrations were cancelled as per the standard operating procedure.
TO VIEW THE ARTICLE PLEASE CLICK HERE.
Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
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