Variations in Returns may result in cancellation of GST Registration: CBIC notifies 10 Significant Changes in CGST (Fourteenth Amendment) Rules 2020

The  Central Board of Indirect Taxes and Customs  (CBIC) notified 10 Changes in CGST Rules which is called the CGST (Fourteenth Amendment) Rules 2020. Firstly, the notification has empowered the officer to proceed with the cancellation of  GSTIN  where a taxpayer avails  Input Tax Credit  (ITC) exceeding that permissible in Section 16. Clause (e) has been inserted in…