Master TDS & TCS Provisions with Critical Issues. Register Now!

Cancellation of GST registration by a composition dealer

12 August 2019

A composition dealer having annual turnover of Rs. 25 lakhs approxly now wish to apply for cancellation of GST registration as his turnover is below threshold limit of 40 lakhs.
Can he voluntarily apply for cancellation of registration ?

Reply
Follow
Share

5 Replies

Divakar (Student CA Final ) (11857 Points)
Replied 12 August 2019

yes on portal surrender ur gstin no

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

subhagan sreerangam (7056 Points)
Replied 12 August 2019

Yes you can apply cancellation application in the GST Common Portal.

Shivam RC (Student) (23683 Points)
Replied 12 August 2019

Yes you can apply for cancellation of Registration provided that all the GST Returns have been filed up to date and no liability is pending with the Department.

3 Like

Yash Morakhia (107 Points)
Replied 14 August 2019

What is the last return applicable to a Composition Dealer?

Shivam RC (Student) (23683 Points)
Replied 29 August 2019

Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement and Audit Report in FORM GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th NOVEMBER, 2019.

REMOVAL OF DIFFICULTY ORDER No. 07/2019-CT dated 26.08.2019, issued by the CBIC Department.

Hence, the latest Due Date to file ANNUAL RETURN ( GSTR-9 and GSTR-9A ) and Reconciliation Statement and Audit Report ( GSTR-9C ) is 30.11.2019.