cancellation of gst registration.

CA Naveen Chand

Chartered Accountant

12739 Points Posted on 05 February 2018

U HAVE TO WAIT FOR 1 YEAR AS THE REGISTRATION WAS VOLUNTARY

Henry Vakharwala

155 Points Posted on 05 February 2018

1 year from date of registration or march ? plz clarify

CA SUDHINDRA D S

Practising CA

761 Points Posted on 05 February 2018

As per my view cancellation of registration can be done before March 18.

CA Naveen Chand

Chartered Accountant

12739 Points Posted on 05 February 2018

FROM THE DATE OF REGISTRATION

Henry Vakharwala

155 Points Posted on 05 February 2018

In recent council meeting it was decided that voluntary registration can be cancelled anytime but no notification comes yet..

Henry Vakharwala

155 Points Posted on 05 February 2018

ok thank you..

CA Priyank Nagori

Chartered Accountant

66 Points Posted on 07 February 2018

Notification No. 3/2018 dated 23.01.2018 already deleted provisio of rule 20 where earlier cancellation was only possible after 1 year, but this requirement is done away by notification 3/2018. If we combine read section 22, 23 & 24 of CGST Act & rule 20 of GST rules, we can apply for cancellation any time now. But since Govt. is not implementing it, in my opinion, file writ petition in the court as govt. is not implementing notification 3/2018.