Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendments to Section 29 of the CGST Act: Taxpayer Registration Cancellation for Late or Non-Filing of Returns.</h1> Clause 100 of the Finance Bill, 2022, proposes amendments to section 29 of the Central Goods and Services Tax Act. It modifies sub-section (2), clause (b) to stipulate that a taxpayer's registration can be canceled if they fail to file the return for a financial year within three months after the due date. Additionally, clause (c) is amended to allow for the prescription of continuous tax periods for which non-filing of returns could lead to cancellation of registration, applicable to registered persons not covered under clause (b).