Furnishing Bank Account Details Before Filing GSTR-1/IFF
Refer Notification No. 38/2023 – Central Tax
New Delhi, the 4th August, 2023
Aug 23rd, 2024
As per Rule 10A of the Central Goods and Services Tax Rules, 2017, notified via notification no. 31/2019 dated 28.06.2019, a taxpayer is required to furnish details of a valid Bank Account within 30 days from the date of grant of registration or before furnishing the details of outward supplies of goods or services or both in FORM GSTR-1 or using the Invoice Furnishing Facility (IFF), whichever is earlier.
Advisory and various communications have already been issued from time to time to inform taxpayers regarding the requirement to furnish valid Bank Account details in their GST Registration.
From 1st September 2024, this rule will be enforced. Therefore, for the tax period August 2024 onwards, taxpayers will not be able to furnish GSTR-01/IFF, as the case may be, without providing valid Bank Account details in their registration information on the GST Portal.
All taxpayers who have not yet furnished valid Bank Account details are hereby requested to update their bank account information in their registration details by visiting Services > Registration > Amendment of Registration Non-Core Fields on the GST Portal.
It is informed that in the absence of valid Bank Account details in GST registration, you will not be able to file GSTR-1 or IFF, as the case may be, from the August 2024 return period onwards.
Visit www.cagurujiclasses.com for practical courses
Hlo mam my name is bhipendra singh from dehuradun I’m itr 2 and itr 3 class join kar na hai please
Jo be class ki fess hogi mai pay kar duga aap ko time keya hoga class ka repli please