my relative has taken gst registration on 30 June
but due to some unexpected event which lead to his bad financial position, he closes his business within a week but he files nil return for continuing two months
after that he applied for cancellation of registration, but as cancellation is taking long time he goes to department for early cancellation.
but they didnot agree that you don't make any sale
now he is doing some part time where where charging gst is not profitable as customer not pay and it lead to loss rather than earning
what can he do and as per new notification it is not necessary to file return after cancellation request. so also whether he stopped filing such return
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urgent help
Replies (9)
File nil returns till the cancellation done, show them the purchase good with the stock
as business is closed not make any pirchade
After registration there is no purchases?
hmmm, there is no purchase , sale is only for a little bit service just for livelihood where customer is not willing to pay gst and margin is just 10% and gst rate is 18%
So you have not raised bill for the any service on that period and no transaction in the registered bank account?
😐hmm the only transaction is I made some transfer of own money which is just a loan or can be shown as gift
Ok just go with the same xerox and written letter for cancelation
they ask to give balance sheet bank statement , bla bla bla
OK bank statement I have already suggested, add your ITR and Balance Sheet
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