GST Registration can be canceled if liability declared in GSTR3B < GSTR1

GST Registration can be canceled if liability declared in GSTR3B < GSTR1

Registration may be canceled under Rule 21 if the value of outward supplies furnished in GSTR-1 exceeds the value declared in GSTR-3B. This rule has been inserted with effect from January 2021.

4. In the said rules, in rule 21,-

(a) in clause (b), after the words ―goods or services, the words ―or both shall be inserted;

(b) after clause (d), the following clauses shall be inserted, namely:-

(e) avails input tax credit in violation of the provisions of section 16 of the Act or the rules made thereunder; or

(f) furnishes the details of outward supplies in FORM GSTR-1 under section 37 for one or more tax periods which is in excess of the outward supplies declared by him in his valid return under section 39 for the said tax periods; or

(g) violates the provision of rule 86B.

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