The CBIC vide notification No.94/2020, dated 22nd December,2020 has amended Rule-21 of CGST Rules, 2017 in the following manner The tax officer can suo moto proceed for cancellation of registration where the registered person has availed the ITC is exceeding the permissible limit as per section 16 of CGST act and the rules made thereunder. The department can cancel the registration where the Output Tax Liability declared in GSTR-3B is less than the Output Tax Liability declar

The CBIC has rolled out Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under Goods and Services Tax (GST) for small taxpayers whose turnover is less than Rs.5 crores. This scheme allows the taxpayers to file GSTR-3B on a quarterly basis and pay tax every month. A registered person who intends to file his GSTR-3B quarterly should indicate the same on GST portal, once the registered person has exercised the option for quarterly filing, he will have to contin