GST Department issues SOP for Bank Attachment under GST

The Delhi Goods and Services Tax (DGST) Department has issued Standard Operating Procedure (SOP) to ensure the compliance of Bank attachment to streamline the process of freezing and de-freezing the Bank Account in GST and VAT.

The SOP is as Follows:

First: The Letter issued to the Bank Manager for freezing or de-freezing the Bank account of the taxpayers shall be digitally signed by the concerned Ward Officer.

Second: The letters should indicate the name, e-mail, and mobile number of the Ward In-charge.

Third: The Ward In-charge should also send an email through his official email-ID to the Bank Manager of the respective Bank.

Fourth: Before de-freezing the account the Bank Manager shall also confirm from the concerned Ward Officer for de-freezing the account. This should be specifically mentioned in the de-freezing letter issued by the Ward In-charge.

Fifth: A utility shall be developed in the Delhi Value Added Tax Module (DVAT Module) wherein the concerned ward in charge through its User ID/Password can upload the details of the taxpayer/dealer such as TIN No./GSTIN No. along with Bank Account No., Bank Name, Bank Address, etc. to be freezed/defreezed.

This utility may be shared with the concerned banks so that the Banks can also access the information through their User ID/Passwords.

Click on below mentioned link to Download the Policy