https://www.taxtmi.com/article/detailed?id=12890 Section 29(2) of the CGST Act read with Rule 21 permits cancellation of GST registration with retrospective effect for specified defaults; the procedure mandates notice in Form GST REG 17, reply in Form GST REG 18 and a final order in Form GST REG 20, while suspension under Rule 21A operates from issuance of the notice. Courts require objective reasons before retrospective cancellation and have treated arbitrary retrospective cancellations as invalid, often converting them to prospective cancellations. Suspension halts supplies, invoice issuance and refunds and breaks the ITC chain; contractual and compliance safeguards and writ remedies are available. en-us Sat, 31 Aug 2024 10:40:29 +0530 Sat, 31 Aug 2024 10:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12890 Section 29(2) of the CGST Act read with Rule 21 permits cancellation of GST registration with retrospective effect for specified defaults; the procedure mandates notice in Form GST REG 17, reply in Form GST REG 18 and a final order in Form GST REG 20, while suspension under Rule 21A operates from issuance of the notice. Courts require objective reasons before retrospective cancellation and have treated arbitrary retrospective cancellations as invalid, often converting them to prospective cancellations. Suspension halts supplies, invoice issuance and refunds and breaks the ITC chain; contractual and compliance safeguards and writ remedies are available. Articles Goods and Services Tax - GST Sat, 31 Aug 2024 10:40:29 +0530 https://www.taxtmi.com/article/detailed?id=12890