My friend received a Notice from STO . From Ist July 2017 To 15 Dec : 2017 he had a total purchase of Rs 1,09,000 . There is no sales during this period . He had not submitted his G ST returns in this period .
He closed his business from Jan:2018 onwards and disposed all the business Assets and Liabilities.. STO is going to cancell his registration . I would like to know what will be the financial Liabilities which GST is going to Imposs to him ?
please Guide me sir.
5 Replies
Jamil Ahmed
(615 Points)
Replied 19 November 2019
Cancellation of registration does not affect the liabilities of the taxpayer. The taxpayer should clear his liabilities, file pending returns and then file Final Return.
subhagan sreerangam
(7056 Points)
Replied 19 November 2019
In this case concerned GST Officer issued a showcase notice.
DINESH KUMAR BALAKRISHNAN
(136 Points)
Replied 19 November 2019
Yes ,My friend has received a shocause Notice regarding the cancellation of GST Registration. The firm has closed on Dec: 2011 itself . He met the STO who issued the Notice and agree to cancell the registration. STO was decide to cancell the registration today itself
subhagan sreerangam
(7056 Points)
Replied 19 November 2019
The firm has closed on December 2011 is exactly correct?.That year files are expired .
DINESH KUMAR BALAKRISHNAN
(136 Points)
Replied 19 November 2019
Sorry Sir actually it is closed in Dec: 2017 .
seven was wrongly appear as I,
seven was wrongly appear as I,
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