Fake GST Registration Drive: GST officers to visit your shop soon: Be Ready

A Special All-India Drive has been launched by all Central and State Tax administrations during the period 16th May 2023 to 15th July 2023 to detect suspicious/fake GSTINs and to conduct requisite verification and further remedial action to weed out these fake billers from the GST eco-system and to safeguard Government revenue.

As part of this Drive, GST Officers may visit your business premises during this drive. Below are the 5 basic steps you need to take to ensure that no fine or penalty is levied on you during that drive.

Sign Board with GST Number

Every person registered in GST is required to display his GST number on the name board/ business sign board. This is a legal requirement and a general penalty of Rs. 50000 is applicable in case you do not comply with this requirement.

Display of Registration certificate

Similarly, Traders and businesses are required to display the GST registration certificate in their business premises. Non-compliance with this requirement can again invite the general penalty.

Similarly Also, composition scheme taxpayers will have to mention that they are availing the composite scheme and are not entitled to collect GST from people.

GST Returns

Please ensure that your GST Returns have been filed and that the due taxes have been timely paid.

Sale & Purchase Register

The next thing is that your sale purchase register should be complete and should be maintained as per GST Law.

Registration of Additional Place of Business

Many Taxpayers forget about the registration of additional Places of business. For example, if you are maintaining stock at a place different from your shop, you need to take separate registration of that.

These are the basic requirements the GST officer may look for during the visit that the taxpayers must need to take care off.