Suspension of GST Registration
With an intention to ease up GST for the taxpayer, the government is continuously amending and inserting various provisions under the GST regime. Suspension of GST registration is a new concept the government has come up with the Central Goods and Service Tax (Amendment) Act, 2019 and the Central Goods and Service Tax (Amendment) Rules, 2019. GST Suspension provision was inserted as sub-rule 2A was in Rule 21A of the Central Goods and Services Tax (CGST) Rules. With the introduction o f the suspension of GST registration, taxpayers who have applied for the cancellation of GST registration will not be required to comply with GST return filing provisions during the suspension period. Thus, they would be freed up from the requirement of complying with the GST return filing provision during the suspension period, thereby reducing the compliance cost of the taxpayer. Further, any significant differences or oddities observed between the GSTR-3B and the GSTR-1 or 2B could lead to sus