30 April 2019
1.If a Stone mining and processing unit having turnover below RS. 40 Lacs during the .f.y. 2018-19 whether he can apply cancellation of GST registration or not and if he can apply then whether he is required to deposit GST on stock in hand. 2. If a composition dealer apply for cancellation of GST registration then whether he is require to deposit any GST or Composition Fee on stock in hand as on apply for cancellation of GST registration. pls reply
01 May 2019
He can apply for cancellation and yes , he has to reverse / deposit ITC availed on stock in hand .
There is no separate cancellation fee / composition fee for a composition dealer to applying for cancellation , but he has to reverse / deposit ITC availed on stock in hand
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