GST Registration Relief: Extended Timeframe for Revocation Application
Background:
The Government modifies GST registration cancellation norms based on Section 168A of CGST Act, 2017.
Notification Amendments:
Partial modification of earlier notifications (No. 35/2020-Central Tax and No. 14/2021-Central Tax) for streamlined procedures.
Extended Time Limit:
Registration cancellation under section 29(b) or (c) with the revocation application due between March 1, 2020, and August 31, 2021.
The application deadline now extended until September 30, 2021.
Legal Framework:
Empowered by section 168A of CGST Act, 2017, in conjunction with section 20 of IGST Act, 2017, and section 21 of UTGST Act, 2017.
Revocation Scenarios:
Applicable where registration cancellation occurred under specified clauses of section 29(2) of CGST Act.
Council Recommendations:
Changes aligned with the recommendations of the GST Council for procedural ease.
Implementation:
The modifications are effective promptly, providing relief to businesses affected by the specified timeline.
This update brings a crucial extension, offering businesses additional time to apply for the revocation of GST registration cancellations within the specified period.