29 August 2020
Hi sir, Query : GST cancellation process
I have Taken GST Registration on 07/09/2019 & till now I Have not Done any monthly Returns and Now i want Cancel my GST Registration.. But there is some around 20000/- Input Available in fy 2019-20 ...What to do sir ???? please Tell me the cancellation process & total Penalty ,Interest , late filing fee & is there any cancellation charges ...??? please do the needful sir Thanks in Advance Madhu M
01 September 2020
You have to reverse the input credit available in your credit ledger by paying the same either through cash or by adjusting it in your sale.
CAclubindia
