As per Rule 10A of the Central Goods and Services Tax (CGST) Rules, 2017, taxpayers must furnish valid bank account details within 30 days of registration or before filing GSTR-1/Invoice Furnishing Facility (IFF), whichever is earlier. This requirement was initially notified in June 2019, but starting from September 1, 2024, the rule will be strictly enforced. From the August 2024 tax period onwards, taxpayers who have not updated their bank account details in their GST registration will be unable to file GSTR-1 or use the IFF. Several advisories have been issued previously to remind taxpayers of this requirement. Taxpayers who have yet to update their bank account information should do so immediately by accessing the “Amendment of Registration Non-Core Fields” option under the “Services” tab on the GST Portal. Non-compliance will result in the inability to file returns for the August 2024 period and beyond.
Goods and Services Tax
Government of India, States and Union Territories
Advisory for furnishing bank account details before filing GSTR-1/IFF Notification No. 38/2023 – Central Tax New Delhi, the 4th August, 2023
Aug 23rd, 2024
1. As per Rule 10A of Central Goods and Services Tax Rules, 2017 notified vide notification no. 31/2019 dated 28.06.2019, a taxpayer is required to furnish details of a valid Bank Account within a period of 30 days from the date of grant of registration, or before furnishing the details of outward supplies of goods or services or both in FORM GSTR-1or using Invoice Furnishing Facility (IFF), whichever is earlier.
2. Advisory and various communications have already been issued time to time to inform the taxpayers regarding furnishing the details of a valid Bank Account detail in the GST Registration.
3. Now, from 01st September, 2024 this rule is being enforced. Therefore, for the Tax period August-2024 onwards, the taxpayer will not be able furnish GSTR-01/IFF as the case may be, without furnishing the details of a valid Bank Account in their registration details on GST Portal.
4. Therefore, all the taxpayers who have not yet furnished the details of a valid Bank Account details are hereby requested to add their bank account information in their registration details by visiting Services > Registration > Amendment of Registration Non – Core Fields tabs on GST Portal.
5. It is informed that in absence of a valid bank account details in GST registration, you will not be able to file GSTR-1 or IFF as the case may, be from August-2024 return period.
Thanks,
Team GSTN
