RTI shows 16 Lakh GST Number Cancelled in Last Year 2020-21
In a recent picture on social media shows that 8,20,481 GST cancelled due to failure to furnish Return and 7,34,405 GST surrendered by Taxpayers.
The reason can be loss of business due to Covid or high late fees which taxpayers are not able to pay, so have to surrender number
The copy of RTI is attached
The news are taken from the following tweet by the author Mr Subodh Kumar