A film theatre owner gives his theatre to run his theatre on rent basis. Rent holder runs the theatre throughout the year, he also filed 3b and R1 on behalf of the theatre owner. Throughout the year rent holder shows nil 3b return. But in the year rent holder purchased few films.
Now GST authority has issued notice regarding ITC. Now how can rectify the case?
2 Replies
Nivesh tater
(Tax Executive at Mazars India Bangalore)
(205 Points)
Replied 31 May 2020
Query is not clear. If the notice is reg ITC, then why the title of query is Cancellation and Revocations of GST registration ? Put the query in point by point basis.
Sunilkumar Gondkar
(148 Points)
Replied 31 May 2020
Query is, now theatre owner is going to cancel GST registration wt step he could take?
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