Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Camcel gst registration how it possible

nitinjain (accountant) (408 Points)

25 April 2025

Can apply for cancelation of our GST NO since there in NO business last 3 years and our case is PENDING before CESTAT,

They have also block our ITC around 7 lakh Rs.

Weather we have to apply for cancellation or hold.

Reply
Follow
Share

1 Replies

Rama chary Rachakonda (Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294) (7851 Points)
Replied 25 April 2025

GST Cancellation Application -

*Eligibility*: You can apply for GST cancellation if your business has not been operational for the last 3 years. - *Pending Case before CESTAT*: Having a pending case before the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) might impact your GST cancellation application. -

*Blocked ITC*: The blocking of Input Tax Credit (ITC) worth ₹7 lakh could also be a consideration in your decision. Considerations - *GST Cancellation Implications*: Cancelling your GST registration might not necessarily resolve the pending case before CESTAT or the blocked ITC issue. -

*CESTAT Case Resolution*: It's essential to resolve the pending case before CESTAT, as it may have implications for your business and tax liabilities. - *Blocked ITC Refund*: You may need to resolve the issue of blocked ITC before applying for GST cancellation. Recommendations -

*Consult a Tax Professional*: Given the complexity of your situation, it's advisable to consult a tax professional or lawyer who can guide you through the process and help you make an informed decision. -

*Resolve Pending Issues*: Consider resolving the pending case before CESTAT and the blocked ITC issue before applying for GST cancellation. -

*GST Cancellation Application*: If you still wish to apply for GST cancellation, ensure you follow the proper procedure and provide all required documentation. Next Steps

- *Seek Professional Advice*: Consult with a tax professional or lawyer to determine the best course of action for your specific situation. -

*Gather Documentation*: Collect all necessary documents and information required for GST cancellation or resolving the pending case before CESTAT. -

*Proceed with Caution*: Ensure you understand the implications of GST cancellation and the potential consequences of not resolving the pending issues.

Upgrade to CAclubindia Pro. Subscribe Now!

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

Trending Online Classes

Guide to UAE Corporate Tax Return filing (3rd Live Batch)

CA Mohd Asim

Enroll Now

14 June 2025
Live Course on DTAA - International Taxation (Batch 2)

CA Sachin Sinha

Enroll Now

25 May 2025
GST LIVE Certification Course - 42nd Batch(With Govt Certificate)

Industry Expert

Enroll Now

17 May 2025

Camcel gst registration how it possible

1 Replies

Online GST Certification Course

Leave a reply

Recent Topics

Related Threads

Popular Discussion

Trending Online Classes

Subscribe to the latest topics :

Search Forum: