1,430 instances booked in opposition to greater than 4,586 pretend GSTIN entities throughout the nation
Tax officers have cancelled GST registrations of over 1.63 lakh entities in October and November for non-filing of returns, sources mentioned.
Also, out of 720 deemed registrations granted between August 21, 2020 to November 16, 2020 the place Aadhaar authentication was not executed, 55 have been recognized for discrepancies and the method of cancellation has been initiated in these instances, they added.
Sources mentioned to deal with the menace of faux corporations, fly-by-night operators and round buying and selling entities, the GST area formations have cancelled 1,63,042 registrations in October and November this yr as a result of non-filing of GSTR-3B returns for greater than six months.
Revenue division sources mentioned all these GSTIN entities which had not filed their GSTR-3B returns for greater than six months had been first issued the cancellation notices after which their registrations had been cancelled as per the usual working process.
Further, 28,635 taxpayers who haven’t filed their GSTR-3B returns for greater than six months as on December 1, 2020 have been recognized and all of the GST Commissionerates have been directed to provoke suo-moto cancellation course of in these instances.
Meanwhile, inside one month of its nationwide drive launched in the second week of November in opposition to pretend bill frauds, the Directorate General of GST Intelligence (DGGI) and Central GST Commissionerates have thus far arrested 132 individuals, together with 4 chartered accountants and a lady for availing or passing on ineligible enter tax credit score (ITC) fraudulently.
Also, 1,430 instances have been booked in opposition to greater than 4,586 pretend GSTIN entities throughout the nation.
Sources mentioned a chartered accountant was arrested from Visakhapatnam for allegedly issuing pretend ITC to the tune of ₹20.97 crore by creating 14 pretend corporations with out provide of products.