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Whether to cancel gst or not?

157 views 4 replies
My friend has salon business in Mohali (Punjab). He is migrated to gst.He filed nil return for July,August and September as no business was done. Now he wants to continue his business but wants to cancel gst registration as the option is available now.
Whether he can do so or authority thinks that he is doing fraudulent activity by cancelling registration after filing late returns
Gst compliance proves burden to him
and his turnover below 20 LACS RS.
please guide, he is in big problem!
Thanks in advance
Replies (4)
no problem, he can cancel the gst registration since turnover is less than 20 lakhs
same issue i have cancelled the regn n cancelation also confirmed by GSTIN . now problem is that the gst returns not submitted for jul Aug sep. i try to login but login option closed. what has to done further ji
sir means there is no fear of imposing penalty for nil return and I can cancel registration without closing business
You can cancel your registration without any fear if you dont issue any invoice.....


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