Final return for the composition dealer
This query is : Resolved
14 March 2019
After cancellation of GST no of a composition dealer,what return we need to file for final assessment and what is the position of closing stock.whether we have to pay 1% of the stock???
14 March 2019
There is no specif return to be filed by composition dealer on cancellation . Final Return ( GSTR 10 ) - not to be filed by Composition dealer .
You need to file normal return ( GSTR 4 / 3B ) for the period ( till the date of cancellation ) .
You need to file normal return ( GSTR 4 / 3B ) for the period ( till the date of cancellation ) .
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14 March 2019
Thank you mam....is the date of cancellation is the date of application of cancellation or date of approval of cancellation for example i filed application on 31.03.2019 with effective the cancellation from 31.03.2019 and suppose order will received on 30.4.2019....whether i have to file the GSTR 4 for April 2019?
15 March 2019
No
You need not to file return for April 2019
new rule 21A has been inserted into the CGST Rules, 2017, vide the Central Goods and Service Tax (Amendment) Rules, 2019 effective from 1st February, 2019
when the registered person has applied for the cancellation of GST registration. The effective date of suspension of GST registration would be later of the following –
• Date of submission of registration cancellation application; or
• Date from which the cancellation is sought.
• Such a person cannot make any taxable supply after suspension of GST registration; and
• Such a person is not required to furnish any returns as required under section 39 of the Central Goods and Service Tax Act, 2017.
You need not to file return for April 2019
new rule 21A has been inserted into the CGST Rules, 2017, vide the Central Goods and Service Tax (Amendment) Rules, 2019 effective from 1st February, 2019
when the registered person has applied for the cancellation of GST registration. The effective date of suspension of GST registration would be later of the following –
• Date of submission of registration cancellation application; or
• Date from which the cancellation is sought.
• Such a person cannot make any taxable supply after suspension of GST registration; and
• Such a person is not required to furnish any returns as required under section 39 of the Central Goods and Service Tax Act, 2017.
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15 March 2019
thank you very much mam
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