My client is Cake Shop manufacturers and retailers, GST TIN holder having turnover near to 22 lakhs for last for 3 years. Now threshold exemption limit have been increased to 40 lakhs. My question is, in FY 2019-20 whether I have to cancel GST registration ?. Please reply.
Gst turnover rs.22 lacs in fy 18-19, since threshold limit increase to 40 lakhs in 19-20
HANMANT (AUDIT & ACCOUNT ASSISTANT) (122 Points)
04 February 2019