Why verifying and uploading your bank details is critical for GST compliance.

Rule 10A of the CGST Rules requires every new GST registrant to verify their bank account and upload the details on the GST portal within the prescribed timeline. This ensures that GST registration remains active, refunds are processed smoothly, and risks of suspension or cancellation are avoided. Non-compliance can lead to withheld refunds or suspended GSTIN. Uploading a cancelled cheque or bank statement immediately after GST approval is the simplest way to stay compliant.

What is Rule 10A?

Rule 10A makes it compulsory for every new GST registrant to:

• Verify their bank account (in the name of the business)
• Upload bank account details on the GST portal
• Complete this process within the prescribed timeline after receiving GSTIN

Why is this Important?

• Your GST registration stays active
• You can claim refunds without any issues
• You avoid the risk of suspension or cancellation of your GSTIN

Consequences of Non-Compliance

If you fail to upload your bank details on time:

• The department may withhold your refunds
• Your GSTIN may be suspended until you comply

Pro Tip for New Businesses

To stay 100% compliant:

• Upload a cancelled cheque or a bank passbook/statement on the GST portal immediately after GST approval.
• This small step will save you from unnecessary notices and delays.

The Bottom Line

Rule 10A is not just a formality—it’s a critical requirement for new businesses under GST. By verifying and uploading your bank details quickly, you can keep your GST registration active, claim refunds smoothly, and avoid any compliance headaches.

In short: Verify your bank account, upload details, and stay compliant.

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