From September 1, 2024, GST taxpayers who have not updated their bank account details in their registration will be restricted from filing GSTR-1 and using the Invoice Furnishing Facility (IFF). According to GST Rule 10A, taxpayers must provide valid bank account details within 30 days of registration or before filing GSTR-1/IFF, whichever is earlier.

This rule aims to enhance the registration process and tackle fraudulent registrations. The GSTN advises all taxpayers who haven’t furnished their bank account details to update their registration on the GST portal to avoid disruptions in filing returns for the tax period from August 2024 onwards.