Rule 14A – Opt-out Facility Pending on Portal
Rule 14A – Opt-Out Facility Pending on GST Portal
Rule 14A Opt-Out Facility Pending
As per the announcement made by CBIC in November, taxpayers were to be allowed to opt out of Rule 14A after filing returns for three consecutive months.
However, despite completion of the three-month period and timely filing of all required returns, the opt-out functionality or relevant form is still not available on the GST portal.
Further, no advisory, notification, or circular has been issued providing clarity regarding the procedure or timeline for opting out. This has created uncertainty among taxpayers who have complied with all prescribed requirements.