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GST No Cancellation

This query is : Resolved 

Hi Dear All,

I have GST No, last FY 2019-20 Turnover Rs 47 Lakh in current FY 2020-21 due to COVID i will not able to make even 30 lakh turnover or may be next 2 3 years.

Can i cancelled my GST no, kindly advice.

Thank You

Depends on the nature of your business and facts of your case.. It is not a straight decision.

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