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GST

Advisory on extension of GSTR-3B due date in few districts of Maharashtra State

by Radhika Goyal August 21, 2025August 21, 2025

Advisory regarding non-editable of auto-populated liability in GSTR-3B

GST

Changes to Editable Tax Liability in GSTR-3B: Important Advisory for Taxpayers

by TaxConcept June 7, 2025June 7, 2025

GSTR

GST

GSTR-3B Filing Deadline Extended to November 2024

by TaxConcept November 18, 2024November 18, 2024

GST

GSTN requests taxpayers to check their email and refile their GSTR-3B within 15 days from date of email

by TaxConcept April 10, 2024April 10, 2024

Income Tax and GST Compliance Tracker for March 2024

Income Tax and GST Compliance Tracker for March 2024

by CS LALIT RAJPUT March 4, 2024March 4, 2024

GST

Advisory in respect of introduction of Compliance Pertaining to DRC-01C (Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B)

by TaxConcept October 6, 2023October 6, 2023

GST

GSTR3B to be filed with CAUTION!

by TaxConcept September 18, 2023September 18, 2023

Enhancements in GST Compliance Procedur

GST

Big Changes on the GST Portal: GSTR-3B Tab to Open Only After Filing GSTR-1

by TaxConcept July 7, 2023July 7, 2023

GST Amnesty Scheme

GST

Extension of GST Amnesty Scheme

by TaxConcept July 6, 2023July 6, 2023

GST

GST: Reduce compliance burden of small taxpayers

by TaxConcept July 4, 2023July 4, 2023

GST HSN Code List In Excel Format

GST

Latest GST News, Information, Notifications & Announcements [Period 25/04/23 to 01/05/23]

by VIPUL KHANDHAR May 1, 2023May 1, 2023

Latest GST News, Information, Notifications & Announcements

GST

Latest GST News, Information, Notifications & Announcements [Period 18/04/23 to 24/04/23]

by VIPUL KHANDHAR April 24, 2023April 24, 2023

GST

Facing trouble in filing Form GSTR-3B via SMS? Here are reliable solutions to the error!

by TaxConcept April 18, 2023April 18, 2023

Latest GST News, Information, Notifications & Announcements [Period 21/03/23 to 27/03/23]

GST

Latest GST News, Information, Notifications & Announcements [Period 21/03/23 to 27/03/23]

by VIPUL KHANDHAR March 27, 2023March 27, 2023

Negative Values in Table 4 of GSTR-3B

GST

Very Important GST Update: Big! Changes in GSTR-3B (GST Press Release Analysis)

by Sakshi February 18, 2023February 18, 2023

GST

Introduction of Negative Values in Table 4 of GSTR-3B

by TaxConcept February 17, 2023February 17, 2023

GST

How to file GST returns using GSTR-3B; Check step-by-step guide

by Sakshi February 10, 2023February 10, 2023

GST

4 arrested for GST fraud worth ₹48, bogus ITC to other than end taxpayers

by TaxConcept January 31, 2023January 31, 2023

GST

Important GSTN Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns

by TaxConcept January 24, 2023January 24, 2023

GST

Attention, GST Taxpayers who are under QRMP Scheme and having Principal Place of Business in State Group 2!

by TaxConcept January 23, 2023January 23, 2023

GST NEWS

GST

GSTN Very Important Advisory on taxpayers facing issue in filing GSTR-3B

by TaxConcept January 17, 2023January 17, 2023

The taxpayers should apply for retraction within 30 days from the date of neutralize. To this specific date, they should apply a retraction application to the tax officials. Tax officials have the authority to accept or reject the application for retraction. Are you confused? Keep reading below to learn about all the rules and regulations pertaining to the retraction of neutralize of Goods and Services Tax enrollment in the country. When is Retraction of Neutralize Acceptable? The retraction of neutralize Goods and Services Tax enrollment is applicable only when the concerned Goods and Services Tax official or officer has neutralize someone’s enrollment on their motion. Only people who meet this condition can opt to file an application of retraction to the tax officer within 30 days from the date they got the notice of neutralize of Goods and Services Tax enrollment. If an individual has voluntarily neutralize GST enrollment, are not eligible to do so. Reasons for Enrollment Neutralize by the officer Some common and well-known reasons for enrollment neutralize by tax officers are given below. The enrollment can be discontinued if the taxpayer individual: Is not running any business from the registered business place Provides a bill or invoices without a supply of services/goods, i.e., in violation of expenditures Disobeys the anti-profiteering requirements, for example, not providing the benefits of ITC to clients. With effect from January 2021: The utilisation of ITC from the credit of electronic ledger to release over 99% of tax detriment for restricted taxpayers over steps Rule 86B—with the entire taxable amount of supplies surpassing ₹50 lakhs monthly, with few exceptions; Does not apply GSTR-1 because he had not applied GSTR-3B for over two continuous months (one quarter for those individuals who choose into QRMP scheme); The input tax credit is availed in violation of the requirements of section 16 of the Goods and Services Tax Act. Procedure for Registration Neutralize by an Officer Here is the process to GST Registration Cancellation by a Goods and Services Tax official: If the concerned tax officer has enough reason to cancel someone’s Goods and Services Tax enrollment, he will issue a show cause notice to that particular individual in Form GST REG-17 The receiver of the show cause notice must respond to it in Form Goods and Services Tax REG-18 within seven working days of receiving a notice containing reasons why the enrollment has been discontinued If the concerned officer finds the response from the individual feasible, the officer will stop the proceedings and issue an order in the Goods and Services Tax REG-20 form If the enrolment is liable to be discontinued, the concerned tax officer will proceed with an order in Form Goods and Services Tax REG-19. The order will be received by show cause within 30 days from the response date. Under Section 29(3) of the CGST Act An individual shall continue to spend tax and different dues. The retraction of enrollment under this category shall not influence the detriment of the individual to pay tax and additional dues under this law. It will also not affect the release of any responsibility under this Act or the rules made thereunder for any duration preliminary to the neutralize date, whether or not such tax and different dues are inferred before or after the neutralize date. Retraction of Neutralize of Enrollment There are some rules for retraction of neutralize Goods and Services Tax enrollment explained: An enrolled individual whose enrollment is discontinued by the concerned tax officials on their action is subjected to the expenditures of Rule 10B and can submit a retraction application of neutralize Goods and Services Taxenrollment to proper tax officials in Form GST REG-21. It should be done in a given period, i.e., 30 days from when you get a notice about enrollment neutralize. Or it should be done in a duration provided by the Additional commissioner, Joint commissioner, or commissioner, depending on the case, in the practice of the power given by provision of sub-section (1) of section 30 at the general portal, either directly or via any facilitation centre informed by the commissioner. No retraction application can be filed if the enrollment has been abolished due to the failure of the enrolled person to provide returns on time. Unless such returns are provided, any penalty or interest associated with these returns has been paid along with the late fee. Given that all the dues of returns for a specific duration from the enrollment neutralize date to the retraction of the neutralize enrollment order date shall be provided by the subject person within 30 days from the date of retraction of neutralize of the Online GST Registration order. Moreover, given that where the enrollment has been discontinued effect of retrospective, the enrolled person must provide all returns associated with a duration from the date of enrollment neutralize till the date of retraction order of Goods and Services Tax neutralize enrollment within 30 days from the date of retraction order of enrollment neutralize. If the concerned officer is satisfied with the reasons provided in writing, and that there are enough good reasons for the retraction of neutralize Goods and Services Tax enrollment, he will issue an order of the same in Form GST REG-22 within 30 days from the date when he received the application. He will communicate about the same shortly with the subject applicant. If the officer does not find any good reasons or do not get satisfied with the provided reasons in the application of retraction, he can reject your provided application and issue the same in Form Goods and Services Tax REG-05 and communicate the same with the applicant. The concerned tax officer will, before ratifying the order shown in clause (B) of Sub-rule 2, provide notice in Form Goods and Services Tax REG-23, needs an applicant to display reasons for submitting the application for retraction of neutralize enrollment under Sub-rule 1 should not get rejected. The applicant must reply within seven working days from the date of issuing notice in Form GST REG-24. When the concerned officer gets clarification or information in Form Goods and Services Tax REG-24, the officer will issue an order in favour of the applicant as shown in Sub-rule 2 within 30 working days from the date he received a reply or information from the applicant. Conclusion:- In India, every business registers with Goods and Services Tax Act if the earnings every year is more than ₹20 lakhs. enrollment can be done at the official portal of GST. In the GST Act of 2017, various rules are given. If any taxpayer violates any rule, the tax office will be in a position to cancel their Goods and Services Tax enrollment. However, if you do not want to cancel your enrollment, you have to go for an application of retraction. The article gives all the procedures on how you will approach the retraction application. There are various rules and regulations regarding the retraction process. Moreover, you should apply for retraction in a given period; otherwise, you’ll not be able to do so. If you have any queries about the rules of the retraction process, Vakilsearch is always ready to assist you. They will help you with details about the retraction, its laws and the period.

GST

Clarification to deal with difference in Input Tax Credit (ITC) availed inFORM GSTR-3B as compared to that detailed in FORM GSTR-2A – reg.

by TaxConcept December 27, 2022December 27, 2022

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GST

Breaking: CBIC Issues Clarifications On Mandatory Furnishing Of Correct Details in GSTR-3B And GSTR-1

July 7, 2022July 7, 2022

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GST

Taxpayer is Eligible To Claim ITC As Per Invoice in Absence Of System Based Matching: Gujarat High Court

June 26, 2022June 26, 2022

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GST

GST Portal Update: Availing ITC As Per Law And GSTR-2B

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-ac84abe2

GST

Big Breaking: Government Plans To Amend GSTR-3B To Stop Bogus ITC Claims

May 23, 2022May 23, 2022

Screenshot_2022-05-15-14-03-14-26_4251af1b5b11394b318ec35cda6368c8-3c17ec57

GST

Big Update On GSTR-2B For April 2022

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-d225bb73

GST

CBIC Extends Due Date Of April 2022 GSTR-3B

May 18, 2022May 18, 2022

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GST

Breaking: Government Proposes To Extend April 2022 GSTR-3B Due Date

May 17, 2022May 17, 2022

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GST

Very Important Point To Keep in Mind While Availing Self- Assessed ITC From GSTR-2A

May 17, 2022May 17, 2022