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Centre cancels 1.63 lakh GST registrations

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The authorities has cancelled greater than 1.63 lakh GST registrations over October and November because of non-filing of returns by the taxpayers involved for greater than six months, Revenue Department sources mentioned. This train is aimed toward removing faux companies, fly-by-night operators, and round buying and selling entities.

More than 11,000 GST registrations had been cancelled in Ahmedabad and practically 20,000 within the Chennai GST and central excise zone. Officials mentioned that cancellation proceedings had been being initiated for about 29,000 extra taxpayers who had not filed their GSTR-3B returns for greater than six months.

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