Suo Moto GST Cancellation: What You Need to Know
Suo Moto GST cancellation is when tax authorities revoke a business’s GST registration without a direct request from the taxpayer.
This action typically arises from non-compliance, such as failing to file returns, or when authorities suspect fraudulent activities.
The cancellation can have severe implications, such as halting operations, disrupting input tax credit claims, and making the business ineligible to issue GST-compliant invoices.
However, there’s a way back—revocation!
To reinstate a canceled registration, businesses must address the issues that led to the cancellation.
The process involves filing overdue returns, clearing pending dues, and submitting an application for revocation through the GST portal within the stipulated time.
If accepted, the registration status changes from “canceled” to “active,” allowing businesses to resume operations smoothly.
Staying proactive with GST compliance—filing returns on time and adhering to all norms—can prevent such situations and protect your business's credibility.
To read this blog in detail, here's the link.
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