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Continuous Non-Filling of GSTR-3B a Ground for Cancellation of GST Registration: CBIC Notifies Amendment to GST Rules
- As a consequence of the Central Board of Indirect Taxes and Custom (CBIC) amending the CGST Rules, individuals who fail to file their GST (Goods & Services Tax) reports risk having their registration cancelled. In addition to others, it has notified amendments made to Finance Act 2022 concerning the timeline for the availability of Input Tax Credit (ITC). These will all enter into force on October 1st 2022