News
GST officers to immediately suspend taxpayer's registration for 'significant anomalies' in sales return
- Date:
- February 14, 2021
- Source:
- Economic Times
NEW DELHI: GST officers will immediately suspend registration of taxpayers whose sales return or GSTR-1 forms show "significant differences or anomalies" from the return filed by their suppliers, a move aimed at curbing tax evasion and safeguarding revenues. The Central Board of Indirect Taxes and Customs (CBIC) has issued a Standard Operating Procedure (SOP) for susp…