New Update for Cancellation of GST Registration | Red alert for cancellation of GST registration with effect from 1st February 2022

Hi This is Ravi Verma

In this article, I will tell you about the GST cancellation update.

• If this difference in both your GSTR-3B and GSTR-1 is more than 10% then your GST registration will be canceled by the GST department.

• If you do not file your GST return by the last date, after that you have to pay interest to the department, then the department has updated a new feature on the portal within which the portal will automatically calculate your interest, Only you have to pay it while filing your GSTR-3B return.