Nov 18, 2020
Centre, states look to tighten GST registration process
The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing.
A meeting of the law committee of the GST Council has been convened on Wednesday to discuss these issues, finance ministry sources said.
The committee, comprising senior central and state tax officers, would also discuss the GST fake invoice frauds, further tightening of the GST registration process and work out other legal measures including necessary law amendment required in the GST Act to curb the menace of fake invoicing, they added.
Also the provisions related to deemed registration under Goods and Services Tax (GST) law may be tightened to prevent the misuse of such provisions by fake dealers and the provisions related to suspension of registration may also be streamlined to make the procedure of suspension and cancellation of registration more efficient and faster, so that such fraud operators can be prevented in time from continuing to pass on fake credit down the chain.