The authorities has cancelled Goods and Services Tax (GST) registration of over 163,000 enterprise entities as a consequence of non-filing of tax returns for greater than six months to curb the menace of fly-by-night operators who create bogus corporations and fraudulently avail enter tax credit score (ITC) price 1000’s of crores, two officers stated. To deal with the menace of pretend corporations and round buying and selling entities, GST officers have cancelled 1,63,042 registrations within the month of October and November this yr as a consequence of non-filing of GSTR-3B…
Govt cancels GST registration of 163k biz entities over non-filing of tax returns
