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Over 1 lakh 63 thousand GST Registrations Cancelled in Oct & Nov

To deal with the menace of fake firms, fly-by-night operators, and circular trading entities, the GST field formations have cancelled over one lakh 63 thousand registrations in October and November this year due to non-filing of GSTR-3B returns for more than 6 months.

To deal with the menace of fake firms, fly-by-night operators, and circular trading entities, the GST field formations have cancelled over one lakh 63 thousand registrations in October and November this year due to non-filing of GSTR-3B returns for more than 6 months.

Sources in the Department of revenue (DoR) said that within one month of its nationwide drive launched in the second week of November against GST fake invoice frauds, the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates has so far arrested 132 persons including four Chartered Accountants and a woman for availing or passing on ineligible Input Tax Credit fraudulently.

Officials have also booked 1430 cases against more than 4586 fake GSTIN entities identified across the country.

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