Consequence of Not Amending the GST Registration Certificate within 15 days

The Rule

As per Rule 19(1) of the Central Goods and Services Tax Rules, 2017 whenever there are changes in the details furnished in the GST Portal at the time of getting GST Registration, such changes have to be intimated to the department through Form GST REG-14 within Fifteen Days of such changes.

Consequence

Offlate in some parts of the country the GST Department is imposing penalty of Rs.50,000 under section 125 of the Central Goods and Services Tax Act, 2017 for not filing Form GST REG-14 within 15 days of the change.

Our Take

The delay in amending GST registration can very well be considered as procedural requirement which is easily rectifiable.

But it is advisable to take due care to update the GST Registration certificate within statutory time limit to avoid litigations.