GST officers may visit your Shops in September 2023 – New campaign

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CBIC launches GST Verification Campaign to Charge Rs.50000 for Non-Display of GST Numbers on Shops




Businesses registered on the GST network site in Punjabโ€™s Bathinda must show their GST number at their premises or will face a penalty of up to Rs.50,000, according to the Central Board of Indirect Taxes and Customs. The CBIC is undertaking a GST verification campaign through September 15 and has instructed all company owners to carefully follow the GST number display guideline.

The initiative intends to double-check the registration of all GST-registered company owners and enhance GST collection. The GST department has split the district into 9 wards, comprising around 14,000 businesses. Businesses must display their GST number on the main board or the wall of their establishments.

There is a provision for a Rs 50,000 Fine (Rs 25,000 CGST & Rs.25000 SGST) on dealers who do not show their GST number. Many shop owners do not observe this guideline.

Also some are collecting GST from clients fraudulently: Owners of restaurants or dhabas with an annual sales of less than 50 lakhs are subject to the composite system and do not have the right to collect GST. However, such tiny eateries and dhabas also charge 5% GST to their clients.

The taxes agency will enforce the law aggressively and take action against anyone who do not comply.

Officials are beginning the effort by visiting businesses that have claimed Input Tax Credit in excess of sales. The display of the GST number will assist officials in determining whether or not they have deposited the tax.

๐Ÿข Businesses in Bathinda, Punjab, Take Note!

๐Ÿ“‹ Important Guidelines:

  • ๐Ÿ“… Up to September 15, CBIC is running a GST verification campaign.
  • โœ… All GST-registered businesses must display their GST number at their premises.
  • ๐Ÿ™๏ธ Bathinda is divided into 9 wards with around 14,000 businesses.
  • ๐Ÿšซ Failure to display the GST number may lead to penalties: Rs. 50,000 (Rs. 25,000 CGST & Rs. 25,000 SGST).
  • ๐Ÿฝ๏ธ Restaurants and dhabas with annual sales under 50 lakhs must follow the composite system and cannot charge GST.
  • ๐Ÿ’ผ The tax agency will be vigilant against any fraudulent GST collection.
  • ๐Ÿ” Officials are inspecting businesses with excessive Input Tax Credit claims.

๐Ÿงพ Compliance is Key! Display your GST number to avoid penalties and assist tax officials.

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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