Turnover less than 20 lakh
This query is : Resolved
Nanu Gupta
(Querist)
28 July 2018
AN ASSESSEE IN THE BUSINESS OF DRUGIST AND CHEMIST HAS BEEN FILING VAT RETURN EARLIER AND THEN GOT REGISTERED AS COMPOSITION DEALER AND FILED GSTR4. HOWEVER THE TURNOVER OF THE ASSESSEE DOES NOT EXCEED RS 20 LAKH PER YEAR. SO IS IT OKAY IF HE DOESNT FILE GST RETURN FROM NOW ONWARDS?
CA R SEETHARAMAN
(Expert)
28 July 2018
Cancel the registration, return has to be filed till cancellation.
Nanu Gupta
(Querist)
30 July 2018
IS IT POSSIBLE TO KEEP THE REGISTRATION ON AND FILE GSTR SHOWING NIL TAX PAYABLE?
CA R SEETHARAMAN
(Expert)
30 July 2018
Yes..................
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