Quick Summary
The Commissionarate of CT GST, Odisha, Finance Department has issued Instructions videNo.CCT-PEI-POL-0155-2021/7869/CTGST dated May 10, 2023regarding care to be taken during the process of registration, cancellation of registration and revocation of cancellation of registration of fake taxpayers under GST. Instructions were issued vide this office Letter No. 7635/CT GST dated June 11, 2019 to monitor the registration process with due diligence both at the stage of grant of registration as w
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The new guidelines aim to prevent fake taxpayers from obtaining GST registrations and issuing bogus invoices by ensuring due diligence during registration, cancellation, and revocation processes.
Under the new guidelines, no new GST registration application should be 'deemed approved' due to inaction by the Proper Officer. The officer in charge will be held responsible.
Mandatory pre-registration physical verification is required if applicants do not opt for Aadhaar OTP authentication or fail to authenticate it. It is also required based on data analytics and risk parameters for those who do authenticate Aadhaar via OTP.
If a registrant is found to be functionally non-existent, the Proper Officer must initiate suo-moto cancellation proceedings, potentially retrospectively from the date of registration.
Applications for revocation of registration by entities cancelled for being functionally non-existent may be considered for rejection, following the principle of natural justice.
The guidelines emphasise that while preventing fake taxpayers, genuine taxpayers should not face any harassment, keeping in mind the 'Ease of Doing Business' initiative.
CAclubindia
