Gst returns
This query is : Resolved
21 November 2019
a proprietor is yet to start who's turn over is nil, having GST Number.
Should any monthly returns be filed for GST. Is there any minimum amount payable monthly even if no transaction is done.
Should any monthly returns be filed for GST. Is there any minimum amount payable monthly even if no transaction is done.
21 November 2019
The NIL return is to be filed if GST registration is obtained . Before filing return related provisions like tenor of filing return & turnover threshold to be checked .
No . No GST is payable if there is no output tax liability or output tax liability is less than GST ITC Credit and filing of NIL GST return is suffcient.
No . No GST is payable if there is no output tax liability or output tax liability is less than GST ITC Credit and filing of NIL GST return is suffcient.
21 November 2019
No need any payment if no more transactions or sakes or tax liability. But, GST returns is mandatory for you if You have GSTIN and it's on live...
22 November 2019
Nil returns must be filed otherwise late fees will be incurred.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Consolidated financials
- Tds on commission charges
- TDS on TRUST
- Regarding Applicability of Tax Audit u/s 44AB
- Withdrawal in cash from partners capital account by partner
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
