GSTN Advisory, Dated 20-11-2025
1. Requirement Under Rule 10A
As per Rule 10A of the CGST Rules, all taxpayers—
excluding those registered under:
- TCS,
- TDS, or
- Suo-moto registrations
are required to furnish their bank account details:
- Within 30 days from the date of GST registration, or
- Before filing GSTR-1 or using the Invoice Furnishing Facility (IFF),
whichever is earlier.
This mandatory disclosure helps ensure authenticity of the registered taxpayer and prevents misuse of GST registration.
2. GSTN Advisory and Consequences for Non-Compliance
The GSTN, through a recent advisory, has cautioned that taxpayers who fail to update their bank account details within the stipulated timeline may face:
- Suspension of GST registration, and
- Possible disruption of business operations, including restrictions on filing returns and generation of e-way bills.
The advisory underscores the importance of timely compliance to avoid regulatory action.
3. Procedure to Update Bank Account Details
Taxpayers can update their bank details on the GST portal through a Non-Core Amendment by following this path:
Services → Registration → Amendment of Registration (Non-Core Fields)
Necessary documents (such as a cancelled cheque or bank statement) may have to be uploaded for verification.
4. Implementation Timeline
The GSTN has stated that these compliance checks and related system changes will be implemented shortly on the GST portal.
Taxpayers are advised to update their bank information at the earliest to avoid any impact on their GST registration status.
