Link with bank
Rahul Sharma (19 Points)
29 July 2021can the GST will block if we will not link the GST with bank with in 44 days,??
Rahul Sharma (19 Points)
29 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 29 July 2021
If the GSTIN of the account holder is not updated in the records of the bank, then the account holder will not be able to avail input tax credit on such bank transactions.
As I understand, if GSTIN is not updated, neither bank account nor GSTIN would be blocked.
Nidhi
(Chief Accountant)
(3150 Points)
Replied 29 July 2021
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
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