Registration suspension revocation on filing pending returns, expanded payment modes and new refund recredit mechanism. The amendments revise registration suspension rules to provide deemed revocation upon filing pending returns, expand payment modes (UPI, IMPS) and permitted ledger transfers on the portal subject to no unpaid liabilities, and prescribe re crediting erroneously deposited refund amounts to the electronic credit ledger via Form GST PMT-03A. They clarify interest calculation for late returns and wrongly availed input tax credit, restructure refund withholding and transmission using system-generated refund forms, omit certain prior provisions, and update multiple return and payment forms to reflect these procedural and reporting changes.
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Registration suspension revocation on filing pending returns, expanded payment modes and new refund recredit mechanism.
The amendments revise registration suspension rules to provide deemed revocation upon filing pending returns, expand payment modes (UPI, IMPS) and permitted ledger transfers on the portal subject to no unpaid liabilities, and prescribe re crediting erroneously deposited refund amounts to the electronic credit ledger via Form GST PMT-03A. They clarify interest calculation for late returns and wrongly availed input tax credit, restructure refund withholding and transmission using system-generated refund forms, omit certain prior provisions, and update multiple return and payment forms to reflect these procedural and reporting changes.
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