GST Cancellation via NN 94 2020 | Amendment in Rule 21 and Rule 21A of CGST Rules

📍In this video we have discuss about the Amended GST registration process as per the 14th CGST amendment Rules,2017 notified by CBIC on 22nd Dec 2020 via NN 94/2020. There is a major amendment in Rule 21 Cancellation of GST and Rule 21A Surrender of GST number of CGST Rule 2017. Following are the changes in above mention rules-

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In rule 21following clause are inserted
“(e) avails input tax credit in violation of the provisions of section 16 of the Act or the rules made thereunder; or
(f) furnishes the details of outward supplies in FORM GSTR-1 under section 37 for one or more tax periods which is in excess of the outward supplies declared by him in his valid return under section 39 for the said tax periods; or
(g) violates the provision of rule 86B.”

In Rule 21A following amendments were made-
After sub-rule (2), the following sub-rule shall be inserted, namely
“(2A) Where, a comparison of the returns furnished by a registered person under section 39 with
(a) the details of outward supplies furnished in FORM GSTR-1; or
(b) the details of inward supplies derived based on the details of outward supplies furnished by his suppliers in their FORM GSTR-1,
or such other analysis, as may be carried out on the recommendations of the Council, show that there are significant differences or anomalies indicating contravention of the provisions of the Act or the rules made thereunder, leading to cancellation of registration of the said person, his registration shall be suspended and the said person shall be intimated in FORM GST REG-31, electronically, on the common portal, or by sending a communication to his e-mail address provided at the time of registration or as amended from time to time, highlighting the said differences and anomalies and asking him to explain, within a period of thirty days, as to why his registration shall not be cancelled.”

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