Timeline for Revocation of GST Registration Cancellation extended

Due to the Covid-19 pandemic, the central government has furnished some relaxation to the taxpayers for the timeline of filing the ‘Application for Revocation of Cancellation’ has been extended to 180 days from 90 days which will be valid up to 15th June 2021. In this article, we will talk about the Timeline for the Revocation of GST.
Notification on Timeline for Revocation of GST

The central government has issued the notification In cases where a notice has been issued for rejection of refund claim, in full or in part, and where the time limit for issuance of an order in terms of the provisions of sub-section (5), real with subsection (7) of section 54 of the said Act falls during the period from the 15th day of April 2021 to the 30th day of May 2021.

Additionally, the tax official may have canceled a taxpayer’s GST registration by initiating suo moto proceedings. The aggrieved taxpayer can apply for revocation or restoration of such GST registration canceled by attending the GST portal and the timeline for filing such application has been expanded to 180 days which will be valid up to 15th June 2021.

Importance of GST registration cancellation * The taxpayer will not pay GST anymore * For certain businesses, get registration is mandatory, If the GST Registration is canceled and business is still continued, it will mean an offense will apply. * The business has been terminated * The business has been substituted fully, amalgamated, emerged, or otherwise disposed of. * There is a revision in the constitution of the business

Procedure for revocation of GST restoration For revocation of cancellation of GST registration, the adequate officer should provide service of notice in the following manner- * Delivering communication to a person and email address provided at the time of registration, or making it possible on the common portal. * Moreover, the application for GST restoration should be filed within 180 days from the date of service of the GST cancellation order.