We are in the process of Cancelling registration of 1 of our client, who was migrated from MVAT regim to GST. While cancelling the registraion we have to state the reasons for Cancellation. In this case the reason for cancellation is Turnover below prescribed limit of Rs. 20,00,000/-. In this will it be sufficient if we state reason as Turnover below pescribed limit, or we have to state anything else, Please share.your views.
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Cancellation of gst registration
Replies (4)
not more than basic limit is the main reason
or may be other reason like close down business ect
but in that case gst officer may ask u for assessment
Sufficient
Yes...
The reason is enough....
Also you ll be settle your outstanding liabilities...
Yes, the reason is sufficient.
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