GST late filling fees
This query is : Resolved
29 August 2020
Hi sir, Query : GST cancellation process
I have Taken GST Registration on 07/09/2019 & till now I Have not Done any monthly Returns and Now i want Cancel my GST Registration.. But there is some around 20000/- Input Available in fy 2019-20 ...What to do sir ???? please Tell me the cancellation process & total Penalty ,Interest , late filing fee & is there any cancellation charges ...??? please do the needful sir Thanks in Advance
Madhu M
I have Taken GST Registration on 07/09/2019 & till now I Have not Done any monthly Returns and Now i want Cancel my GST Registration.. But there is some around 20000/- Input Available in fy 2019-20 ...What to do sir ???? please Tell me the cancellation process & total Penalty ,Interest , late filing fee & is there any cancellation charges ...??? please do the needful sir Thanks in Advance
Madhu M
30 August 2020
You should have filled NIL Returns. Now you have to file all pending return with late panelty and thereafter apply for GST Cancellation
01 September 2020
You have to reverse the input credit available in your credit ledger by paying the same either through cash or by adjusting it in your sale.
01 September 2020
Thank you sir ...can i use That ITC ...now sir ????
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