The Indian government has released various notifications regarding Amnesty & Compensation Cess in accordance with the proposals of the 49th GST Council Meeting. Notification No. 03/2023 – Central Tax dated 31.03.2023 is one of these notifications, which offers an amnesty scheme for registered individuals whose registrations were cancelled on or before 31.12.2022 due to non-filing of returns. These individuals can apply to have their registrations reinstated until 30.06.2023 by submitting the returns that were due up to the effective date of cancellation and paying any taxes owed, along with any interest, penalty, or late fee for the respective returns.
- An extension of time for filing the application for revocation of cancellation of registration will not be available.
- If a taxpayer’s registration is cancelled by the proper officer, they can apply for reversal of such cancellation by submitting Form GST REG-21 within 30 days of receiving the notice.
- If the cancellation of registration was due to non-filing of returns, the application for reversal in GST REG-21 can only be filed after pending returns are filed with interest and penalty.
Process to submit GST REG-21 on the GST portal
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