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Cancellation of gst registration

25 April 2020

Is there any seperate penalty for cancellation of GST registration by principal officer for not filing returns for 6 tax periods?

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3 Replies

akshay Kumar (137 Points)
Replied 25 April 2020

If you want to continue your business as GST Registered business....You will have to file all the pending returns and have to pay late fee including interest for gst on outward supply made.

For further clarification,
You may Call/ Watspp : 8779014967
Email : anandtaxconsultant2014 @ gmail.com

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Rajkumar Patel (602 Points)
Replied 26 April 2020

There is possibility to carry assessment under section 63 which proper office may pass order to pay liability if your registration is cancelled u/s 29(2), and liability are till unpaid arisen during registration period. there proper officer may impose penalty as hs deems fit.

CA Arun Kumar Tiwari (CA in Practise) (445 Points)
Replied 26 May 2020

No, there is no separate penalty mentioned in the GST Act for cancellation of GST registration. But penalty for non filing of returns can be charged.