The 49th GST Council Meeting was held on February 18, 2023 in New Delhi under the Chairmanship of Finance Minister Nirmala Sitharaman. This meeting is being conducted within a span of three weeks from the Union Budget 2023. The GST Council has inter-alia made the recommendation for an extension of the time limit for applications for revocation of cancellation of registration and one-time amnesty for past cases. In this regard, the council has recommended amendment in Section 30 of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) and Rule 23 of the Central Goods and Services Tax Rules, 2017 (“the CGST Rules”) so as to provide that the time limit for making an application for revocation of cancellation of registration be increased from 30 days to 90 days; where the registered person fails to apply for such revocation within 90 days, the said time period may be extended by the Commissioner or an officer authorised by him in this behalf for a further period not exceeding 180 days.
Source a2ztaxcorp
