{"id":90989,"date":"2026-11-02T19:13:42","date_gmt":"2026-11-02T13:43:42","guid":{"rendered":"https:\/\/www.taxaj.com/learn\/tax-compliance-updates-2-november-2026\/"},"modified":"2026-11-02T19:13:42","modified_gmt":"2026-11-02T13:43:42","slug":"tax-compliance-updates-2-november-2026","status":"publish","type":"post","link":"https:\/\/www.taxaj.com/learn\/tax-compliance-updates-2-november-2026\/","title":{"rendered":"Tax &#038; Compliance Updates \u2014 2 November 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>6 updates today: 6 GST.<\/strong> All six are GSTN portal advisories dated 1 November 2026 implementing the registration changes in Notification No. 05\/2026-Central Tax; the most important is the revised FORM GST REG-01, which is now live on the GST portal for new registration applications.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">In this update<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#gst-1\">Revised FORM GST REG-01 for new registrations<\/a><\/li>\n\n<li><a href=\"#gst-2\">Rule 14B simplified registration for sellers on e-commerce platforms<\/a><\/li>\n\n<li><a href=\"#gst-3\">Registration amendments other than principal place of business approved on submission<\/a><\/li>\n\n<li><a href=\"#gst-4\">Self-cancellation of registration (REG-16): system checks and electronic approval<\/a><\/li>\n\n<li><a href=\"#gst-5\">Composition scheme: new section 10(2A) category and change through REG-14<\/a><\/li>\n\n<li><a href=\"#gst-6\">TDS registration for dealers in used cooking oil, plastic, tyre and e-waste scrap<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">GST<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-1\">Revised FORM GST REG-01 for new registrations<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN issued an advisory on 1 November 2026 that FORM GST REG-01 has been revised on the GST portal, with reference to Notification No. 05\/2026-Central Tax dated 26 October 2026. Changes include One Person Company as a separate constitution of business with supporting documents for each constitution, a new SEZ Entity ID field, a separate section for e-commerce operators liable under section 9(5), standardised categories and documents for possession of business premises, details of up to 10 bank accounts (or within 30 days of the REG-06 certificate where not available), DIN of designated partners for LLPs, and online validation of CIN, FCRN, LLPIN and FLLPIN before the ARN is generated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> If you are applying for new GST registration, review the revised form and keep the documents for your constitution and place of business ready before starting. <a href=\"https:\/\/www.taxaj.com\/gst-registration\" target=\"_blank\" rel=\"noopener\">GST registration support<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/681\" target=\"_blank\" rel=\"noopener\">GSTN advisory: Important Changes in FORM GST REG-01 for GST Registration (1 November 2026)<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-2\">Rule 14B simplified registration for sellers on e-commerce platforms<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN advised on 1 November 2026 that, pursuant to Notification No. 05\/2026-Central Tax dated 26 October 2026, the portal now allows eligible suppliers selling goods through e-commerce operators that collect TCS under section 52 to register under the Simplified Registration Scheme in rule 14B of the CGST Rules. Such suppliers can register in a State or UT where they have no physical place of business, using approved ECO warehouse addresses as principal and additional places of business. Conditions include a regular active registration under the same PAN in another State, one such registration per State per PAN, output tax liability on supplies to registered persons not exceeding \u20b92.5 lakh per month, and use of the registration only for supplies through e-commerce operators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> Online sellers wanting to sell from an ECO warehouse in another State should check the eligibility conditions in the advisory.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/682\" target=\"_blank\" rel=\"noopener\">GSTN advisory: Simplified Registration Scheme under Rule 14B of the CGST Rules, 2017 (1 November 2026)<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-3\">Registration amendments other than principal place of business approved on submission<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN advised on 1 November 2026 that, following Notification No. 05\/2026-Central Tax dated 26 October 2026 which substituted the provisions on amendment of registration, changes to the principal place of business will continue to be examined by the proper officer under rule 19. For other amendments, such as legal name, addition or retirement of partners, directors or Karta, and additional places of business, the registration certificate will stand amended on submission and online validation. OTP verification of the mobile number and email of the primary authorised signatory and one selected promoter or partner must be completed within 3 days of submission, failing which the ARN is not generated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> When filing FORM GST REG-14, complete the OTP verification within 3 days and upload accurate supporting documents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/686\" target=\"_blank\" rel=\"noopener\">GSTN advisory: Key Changes in the GST Registration Amendment Process (1 November 2026)<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-4\">Self-cancellation of registration (REG-16): system checks and electronic approval<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN advised on 1 November 2026 that the self-cancellation process under rule 20 now runs system validations. An application in FORM GST REG-16 can be submitted only if all returns due up to the effective date of cancellation are filed. Composition taxpayers, NRTPs, OIDAR taxpayers and ISDs, and regular, casual and SEZ taxpayers whose output tax liability is \u20b92.5 lakh or less for each tax period, will have registration cancelled by electronic approval once the required returns are filed in time. Where output tax liability exceeds \u20b92.5 lakh for any tax period, FORM GSTR-10 must be filed within three days as set out in the advisory; otherwise the application goes to the jurisdictional officer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> Before applying for cancellation, file all pending returns and keep GSTR-10 ready if your liability in any period exceeds \u20b92.5 lakh.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/683\" target=\"_blank\" rel=\"noopener\">GSTN advisory: Revised Process for Approval of Registration Cancellation application under Form GST REG-16 (1 November 2026)<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-5\">Composition scheme: new section 10(2A) category and change through REG-14<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN advised on 1 November 2026 that the portal now has a new composition category, \u201cPerson eligible for composition levy under Section 10(2A)\u201d, in Forms REG-01, CMP-02, CMP-04 and REG-14. Taxpayers can select either the existing section 10(1) categories or the new section 10(2A) category, but not both. Composition taxpayers can now change their category through an amendment application in REG-14, and must ensure the same category across all GSTINs under the same PAN.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> Composition taxpayers should check that the category selected is correct and consistent across all their GSTINs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/685\" target=\"_blank\" rel=\"noopener\">GSTN advisory: Enhancements Related to Composition Levy Functionality under GST (1 November 2026)<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"gst-6\">TDS registration for dealers in used cooking oil, plastic, tyre and e-waste scrap<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">GSTN advised on 1 November 2026 that, following Notification No. 07\/2026-Central Tax dated 27 October 2026, the TDS provisions under section 51 that already apply to metal scrap (Chapters 72 to 81) now also cover used cooking oil (heading 1518), waste and scrap of plastics (3915), tyres (4004) and electrical and electronic waste and scrap (8549). Persons covered must apply for TDS registration in FORM GST REG-07, selecting \u201cOthers\u201d under Constitution of Business and naming the relevant category.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Action:<\/strong> If you buy any of these goods and are required to deduct GST TDS, apply for TDS registration in REG-07 as described.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Official source:<\/strong> <a href=\"https:\/\/www.gst.gov.in\/newsandupdates\/read\/684\" target=\"_blank\" rel=\"noopener\">GSTN advisory: TDS Registration Advisory for Dealers in Scrap and Other Notified Goods (1 November 2026)<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.taxaj.com\/daily-tax-compliance-updates\" target=\"_blank\" rel=\"noopener\">All daily digests<\/a> \u00b7 Topic page: <a href=\"https:\/\/www.taxaj.com\/gst-news-and-announcements\" target=\"_blank\" rel=\"noopener\">GST news and announcements<\/a><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bookings.taxaj.com\/\" target=\"_blank\" rel=\"noopener\">Talk to our team<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><em>Compiled from official sources linked above. Last updated 2 November 2026. This is general information, not advice on any particular case.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GSTN advisories on the revised REG-01, Rule 14B e-commerce registration, registration amendments, REG-16 self-cancellation, composition categories and TDS registration for scrap dealers.<\/p>\n","protected":false},"author":1,"featured_media":90988,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[985,13],"tags":[],"class_list":["post-90989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-updates","category-news-updates"],"_links":{"self":[{"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/posts\/90989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/comments?post=90989"}],"version-history":[{"count":0,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/posts\/90989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/media\/90988"}],"wp:attachment":[{"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/media?parent=90989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/categories?post=90989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxaj.com/learn\/wp-json\/wp\/v2\/tags?post=90989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}