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Instances of fake GST registration have been reported in the last few months. The modus operandi for this involves using documents of another person and obtaining GST registration. The impersonator through such GST Registration carries out illegal transactions and collects GST through fake transactions. When the authorities undertake action against such activities often they end up proceeding against the person whose documents were used to obtain GST Registration and the main culprit escapes. To deal with this persistent issue, the Goods and Services Network has introduced a new feature called functionality to check misuse of PAN. The new functionality checks the misuses, control the instances of frauds and help officers in inquiry and cancellation of such GST registration. In this article we will discuss this concept in detail.
GSTN[1] now provides with a feature where you can search for the number of registration under a taxpayers PAN and if they find any unknown registration which has not been taken by such person then they may make a complaint to GSTN instantly. The process to make a complaint has been provided below:
When the complaints have been registered, it will be made available to the competent authorities at their dashboard under the tab- “Application for Reporting Fake GSTIN’s tab for further necessary action”
Once the complaint is registered, it shall be sent to the concerned jurisdictional authority where the registration is claimed to be taken fraudulently, for necessary enquiry and further action.
Misuse of PAN can lead to losses in your business. In order to avoid this below we have mentioned some tips which can help in avoiding misuse of PAN:
The facility to report fake GST registration is a commendable step towards ensuring action against fake registrations. The new functionality enables you to check misuses, control frauds and take action instantly. It is advisable to regularly check if your PAN is misused by someone to make illicit gains.
Read Our Article: GST Tax Evasion: Eliminating Menace of Fake GST Invoices
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