<p>GST officers will immediately suspend the registration of taxpayers whose sales return or GSTR-1 forms show "significant differences or anomalies" from the return filed by their suppliers, a move aimed at curbing tax evasion and safeguarding revenues.</p>.<p>The Central Board of Indirect Taxes and Customs (CBIC) has issued a Standard Operating Procedure (SOP) for suspension of registration of a person on the observance of such discrepancies/anomalies which indicate violation of the GST Act.</p>.<p>As per the SOP, the registration of specified taxpayers shall be suspended and system generated intimation for suspension and notice for cancellation of registration in form GST REG-31, containing the reasons of suspension, shall be sent to such taxpayers on their registered e-mail address.</p>.<p>The registration would be suspended in cases where a comparison of the returns furnished by a registered person with the details of outward supplies furnished in form GSTR-1, or the details of inward supplies derived based on the details of outward supplies furnished by his suppliers in their GSTR-1, show 'significant differences or anomalies', indicating contravention of the provisions of the GST Act.</p>.<p>"Till the time functionality for FORM REG-31 is made available on portal, such notice/intimation shall be made available to the taxpayer on their dashboard on the common portal in Form GST REG-17.</p>.<p>"The taxpayers will be able to view the notice in the 'View/Notice and Order' tab post login," the SOP said.</p>.<p>GST officers have already intensified their drive against fake invoicing and this has also contributed to increase in tax collections in the past couple of months.</p>.<p>GST collections have crossed the Rs 1 lakh crore mark for four consecutive months and surged to an all-time high of about Rs 1.20 lakh crore in January.</p>.<p>The SOP further said the taxpayers whose registrations are suspended would be required to furnish reply to the jurisdictional tax officer within 30 days from the receipt of such notice/intimation, explaining the discrepancies/anomalies and the reasons as to why their registration should not be cancelled.</p>.<p>Reply has to be sent to the jurisdictional officer through the common portal within 30 days from the receipt of notice/intimation.</p>.<p>In case the intimation for suspension and notice for cancellation of registration is issued on ground of non-filing of returns, the said person may file all the due returns and submit the response, the SOP added. </p>
<p>GST officers will immediately suspend the registration of taxpayers whose sales return or GSTR-1 forms show "significant differences or anomalies" from the return filed by their suppliers, a move aimed at curbing tax evasion and safeguarding revenues.</p>.<p>The Central Board of Indirect Taxes and Customs (CBIC) has issued a Standard Operating Procedure (SOP) for suspension of registration of a person on the observance of such discrepancies/anomalies which indicate violation of the GST Act.</p>.<p>As per the SOP, the registration of specified taxpayers shall be suspended and system generated intimation for suspension and notice for cancellation of registration in form GST REG-31, containing the reasons of suspension, shall be sent to such taxpayers on their registered e-mail address.</p>.<p>The registration would be suspended in cases where a comparison of the returns furnished by a registered person with the details of outward supplies furnished in form GSTR-1, or the details of inward supplies derived based on the details of outward supplies furnished by his suppliers in their GSTR-1, show 'significant differences or anomalies', indicating contravention of the provisions of the GST Act.</p>.<p>"Till the time functionality for FORM REG-31 is made available on portal, such notice/intimation shall be made available to the taxpayer on their dashboard on the common portal in Form GST REG-17.</p>.<p>"The taxpayers will be able to view the notice in the 'View/Notice and Order' tab post login," the SOP said.</p>.<p>GST officers have already intensified their drive against fake invoicing and this has also contributed to increase in tax collections in the past couple of months.</p>.<p>GST collections have crossed the Rs 1 lakh crore mark for four consecutive months and surged to an all-time high of about Rs 1.20 lakh crore in January.</p>.<p>The SOP further said the taxpayers whose registrations are suspended would be required to furnish reply to the jurisdictional tax officer within 30 days from the receipt of such notice/intimation, explaining the discrepancies/anomalies and the reasons as to why their registration should not be cancelled.</p>.<p>Reply has to be sent to the jurisdictional officer through the common portal within 30 days from the receipt of notice/intimation.</p>.<p>In case the intimation for suspension and notice for cancellation of registration is issued on ground of non-filing of returns, the said person may file all the due returns and submit the response, the SOP added. </p>