GST Latest News: The department has been running a drive against fake registration for a long time so that fake GST claims can be curbed. It is also important to tell about what mistake has been committed by the businessman or what fraud has been done in obtaining GST registration.
Relief news for GST traders, now the department cannot give orders to cancel registration. While giving the verdict in a case of Kerala High Court, it has been said that the department will have to give accurate information as to what kind of misrepresentation, fraud or attempt to hide the facts has been committed by the businessman while taking the GST number.
An important decision of the Kerala High Court has come against the department’s decision to arbitrarily cancel the GST registration. The GST registration of Anil Kumar Madhusudan, a businessman from Kottayam, was issued a one-line show cause notice by the department, against which he approached the Kerala High Court. Giving relief to the petitioner, the court ruled that the department cannot do this.
Under the CGST and SGST Act 2017, the department has the right to cancel or suspend GST registration…but the High Court has clearly said in its decision that without hearing the petitioner’s side and without giving true and accurate reasons.
No, registration will be canceled
The department has been running a drive against fake registration for a long time so that fake GST claims can be curbed. It is also important to tell about what mistake has been committed by the businessman or what fraud has been done in obtaining GST registration.
different goals of the department
Apart from this, a senior government official of the GST department told Money Control that the Finance Ministry is aiming to implement pre-filled Goods and Services Tax (GST) return forms before the next financial year. This decision will help in resolving the issue of huge data mismatch due to tax notices. The department is currently analyzing the additional cost of enhancing the digital infrastructure to avoid slowing down or crashing of the system due to extracting data from different databases.
