Do my GST will be canceled after 6 month of NIL filling if I applied under voluntary basis.
Is there any way to avoid it.?
Is it only applicable to voluntary registration or for all other reason for applying ?
gokulm (worker) (21 Points)
17 June 2023Do my GST will be canceled after 6 month of NIL filling if I applied under voluntary basis.
Is there any way to avoid it.?
Is it only applicable to voluntary registration or for all other reason for applying ?
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 18 June 2023
Gokul
(worker)
(22 Points)
Replied 18 June 2023
Because i work only when tender of work is awarded. Remaining time I may study as iam an aspirant. @ prasad Nilugal
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 18 June 2023
The condition of 6 months is only applicable in the initial 6 months from registration. If not transaction whether input or output has not taken place in the first six months then the registration is liable to be cancelled. A transaction has to be shown within the first six months to avoid cancellation.