► Can a property(part of house) of a sole propritor being used as godown to stock stores whose documents were produced to a GST officer and personally inspected by the same GST officer one year prior and cetificate issued, be again be declared by another officer of the same department one year later as undisclosed property?
50 views
1 answer
1 Answer
Dear Sir,
It may be declared undisclosed only if:
The premises was never shown in GST registration records.
It was used for storing unaccounted goods.
Stock register mismatch found.
It was used for another taxable entity.
Amendment application was never filed formally (mere inspection does not substitute formal amendment in GST portal).
Important point:
Log in as a legal professional to answer this question.