Over 1.63 lakh GST registrations cancelled due to non filing of GSTR-3B returns

Over 1.63 lakh GST registrations cancelled due to non filing of GSTR-3B returns

New Delhi: The Goods and Services tax (GST) field formations have reportedly cancelled 1,63,042 registrations in the month of October and November this year.

The action was taken due to non-filing of GSTR-3B returns for more than six months, as per sources in the department of revenue (DoR).

GSTR-3B is a return summarizing the total values of sales and purchases over a particular time period.

All these GSTIN (Good and Services Tax Identification Number) entities who had not filed their GSTR-3B returns for more than six months were first issued notices before cancelling their registrations.

The nationwide drive launched in the second week of November against GST fake invoice frauds by the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates have resulted in 132 arrests so far including four Chartered Accountants and a woman for availing or passing on fake ITC (Input tax credit) fraudulently. They have booked 1430 cases against more than 4586 fake GSTIN entities identified across the country.

A Chartered Accountant from Vishakhapatnam, Akshay Jain was arrested for involving in issuing of fake ITC to the tune of Rs. 20.97 crore on the invoices of cement by creating 14 fake firms without the supply of goods.

Sources also said that 28,635 taxpayers have been identified who have not filed their GSTR-3B returns for more than six months now. All the GST Commissionerates have been directed to initiate suo-moto cancellation process in these cases.

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