GSTN advises Taxpayers to update bank details under Rule 10A to avoid registration suspension

GSTN urges taxpayers who have not yet updated their bank account details, to do so at the earliest to avoid suspension of their GST registration and disruption of business operations; Apprises that with Rule 10A soon coming into effect on the GST portal, requiring taxpayers (except those registered under TCS, TDS, or suo-moto registrations) to furnish bank account details within 30 days of registration or before filing GSTR-1/IFF, whichever is earlier, timely update of bank account detail is essential.