A business has been closed in 2017. It applied for cancellation of GST Registration in January 2018 when portal provided the facility of cancellation. It has been filing NIL Returns.
But now financial year has changed and no action has been taken on its application for GSTIN Cancellation. Further, for filing returns for this financial year, GST Portal is taking undertaking for outward supply will be under Rs. 1.5 crore and do you opt for quartly return.
Please suggest whether firm should continue with filing of NIL Returns till cancellation of its registration?
1 Replies
Divakar
(Student CA Final )
(11857 Points)
Replied 05 May 2018
Till when it gets approval of cancellation... Filed nil return.... Better to avoid late fee... Bina kisi baat ke
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