Suspension of GST licenses of genuine sellers could de-rail the all-India drive against fake GST registrations
The current two-month all-India drive announced by Central and State Tax administrations to detect and eliminate fraudulent GSTINs is creating challenges to genuine online sellers. Unlike the previous drives, the jurisdictional officers are empowered not only to verify but also suspend the licenses during the drive. The government has allowed businesses to register for GST using a VPOB (virtual pl…