GST Modification
Any change or alteration made in the GST Registration or the details entered in the GST certificate is referred to as GST modification. One may opt for Amendment in GST Registration if he wishes from composite to normal scheme, or if there are mistakes in GST registration. To get GST modification, you need to file form GST REG 14.
GST Registration Responsibilities
Entities registered under GST have various responsibilities and compliance requirements from time to time. Failure to comply with the GST regulations or compliance requirements can lead to penalties and revocation of GST registration by the authorities. Some of the main responsibilities of a person registered under GST include:
Collecting and remitting GST amount from customers
Issuing proper GST invoice as per the GST rules and regulations
Filing GST returns whenever due based on turnover – even if there is no turnover or business
activity
Filing annual GST return