GSTN in action mode against default in furnishing of bank details after obtaining GST Registration.

Mandatory Bank Account Details Submission as per law:

All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules framed thereunder to furnish details of their bank accounts within 30 days of the grant of registration or before the due date of filing GSTR-1/IFF, whichever is earlier.

Taxpayers are therefore advised to promptly furnish their bank account details, who have not provided it so far if 30 Days period is shortly going to expire to avoid disruption in business activities and the subsequent suspension of GSTIN.

A new functionality is being developed with the following features and will be deployed in near future:-

1. Failure to furnish the bank account in the stipulated time: It would result into following:

:

GST Portal

:

GSTN Advisory

:

Cancellation of GST Registration

:

GST Registration

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