Is govt taking extreme steps to tighten noose on fake GST registrations?
Recently, the government, acting upon the recommendations of the GST Council, issued Notification No. 94/2020 – Central Tax, which notifies the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020. The GST registration-related processes have been revised through this notification while giving extensive powers for cancellation/suspension of existing registrations to the GST authorities…