nil returns since registration
viral dedhia (Working) (50 Points)
11 July 2018
what will be the consequence if only nil returns has been filed since registration date ie. feb??
3 Replies
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 11 July 2018
If your return is Taxable return and you filled as Nill return.
Then you are liable to pay tax with interest @ 24 % p.a.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 July 2018
If there is no sale & purchase then no need to worry
Vinod Babu
(24191 Points)
Replied 11 July 2018
No need to worry when there is no purchase and sales. And filed nil returns for the same.
But Gst official might ask the reason "what was purpose to take gst registration? "....
But Gst official might ask the reason "what was purpose to take gst registration? "....
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