Important Updates on Rule 10A for Taxpayers Filing GST Registration
- knp gst
- Nov 29, 2025
- 3 min read
Taxpayers registered under GST need to stay updated with the latest compliance requirements to avoid disruptions in their business operations. One such critical update involves Rule 10A, which mandates furnishing bank account details within a specific timeframe. This post explains the key aspects of Rule 10A, the steps to comply, and the consequences of non-compliance.
Image caption: Eye-level view of GST portal screen where taxpayers can update bank account details as per Rule 10A.
What Rule 10A Requires from Taxpayers
Rule 10A applies to all taxpayers registered under GST, except those registered under TCS (Tax Collected at Source), TDS (Tax Deducted at Source), or those with suo-moto registrations. The rule requires taxpayers to furnish their bank account details within 30 days of the grant of registration or before filing details of outward supplies in GSTR-1 or the Invoice Furnishing Facility (IFF), whichever comes first.
This means that once a taxpayer receives their GST registration, they must promptly provide their bank account information to the GST portal. If they plan to file outward supplies in GSTR-1 or use IFF before 30 days, the bank details must be furnished before those filings.
Why Furnishing Bank Account Details Matters
The government uses this information to ensure transparency and facilitate smoother processing of refunds and other financial transactions related to GST. Providing accurate bank details helps avoid delays in receiving refunds and reduces the risk of fraudulent claims.
How to Furnish Bank Account Details on the GST Portal
Taxpayers can update their bank account details through a non-core amendment on the GST portal. The process is straightforward and can be completed by following these steps:
Log in to the GST portal using your credentials.
Navigate to Services > Registration > Amendment of Registration Non-Core Fields.
Select the option to add or update bank account details.
Enter the required bank account information accurately.
Submit the amendment request.
The details will be verified and updated by the GST authorities.
It is important to double-check the bank account number, IFSC code, and account holder name to avoid errors that could delay processing.
Consequences of Not Furnishing Bank Account Details
The government has announced that the changes related to Rule 10A will be implemented on the GST portal soon. Taxpayers who have not furnished their bank account details by the deadline risk facing suspension of their GST registration. This suspension can lead to significant business disruptions, including:
Inability to file GST returns.
Loss of input tax credit claims.
Potential penalties or legal complications.
Hindrance in conducting regular business transactions.
To avoid these issues, taxpayers should update their bank details as soon as possible.
Practical Example of Compliance
Consider a small business owner who received GST registration on November 1, 2025. According to Rule 10A, they must furnish their bank account details by November 30, 2025, or before filing their first GSTR-1 return if that occurs earlier. If the business owner files GSTR-1 on November 20, they must ensure the bank details are furnished before that date.
Failing to do so could result in suspension of their GST registration, affecting their ability to operate legally and claim tax credits.
Tips for Smooth Compliance
Set reminders for the 30-day deadline after registration.
Verify bank details carefully before submission.
Check the GST portal regularly for updates or notifications.
Seek professional help if unsure about the amendment process.
Keep documentation ready to support bank account details if required for verification.
Summary and Next Steps
Rule 10A introduces a clear requirement for taxpayers to furnish bank account details promptly after GST registration. This update aims to improve transparency and efficiency in GST operations. Taxpayers must act quickly to avoid suspension of their registration and ensure uninterrupted business activities.
If you have not yet updated your bank account details on the GST portal, log in today and complete the amendment process. Staying compliant with Rule 10A protects your business and supports smooth GST filing and refund processes.
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