Camcel gst registration how it possible

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accountant
408 Points Joined November 2011

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.

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On 25 April 2025 at 15:34 Report
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Master in Accounts & high court Advocate
9123 Points Joined December 2011

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.

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On 25 April 2025 at 16:44


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