GST Return Defaulter

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GST Return Defaulter
 The government is planning to give some heat to the GST Return Defaulters. This time the government is not in the mood of giving any further opportunity to GST Return Defaulters. As you know, to date GST Dealers has to pay a late fee of Rs.20/- in case of Nil Return and Rs.50/- in case of other than nil return at the time of Late filing of GSTR-3B. There is no late filing fee in the case of GSTR-1, due to which many dealers are not filing their GSTR-1 on a timely basis. Even some dealers and their Accountants do not know about GSTR-1 filing.
According to this notification, now GST Registered dealers are restricted to take 10% Deemed Credit against missing invoices, which are not showing in their GSTR-2A. 
E-Way Bill Blocking for None Filing of GSTR-1 – Recently, GST Department has stopped the generation of E-Way bills due to the non-filing of GSTR-3B.
One Time Opportunity for GSTR-1 Defaulters – As per Notification No – 74/2019 – Central Tax, GST Department has given one time opportunity to all GSTR-1 Defaulters
Author’s Remark – From the above discussion, it is concluded that the GST Department is now taking all strict action against the GST Defaulters. It is suggested that, if you are GSTR-1 Return defaulter at any stage, then you must correct this error as soon as possible and save the late filing fee.
Further, now start maintaining all prescribed records under GST Law and file your GST Returns on a timely basis, otherwise case penal action will be very harsh.

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