Manish Sharma 11 August 2020
dear team i am file cancell my gst registration application two times but officer denied the application and recd a notice that clear the liabilities
but in portal there is no liability.
but itc balance remaining on portal
pls guide me accordingly
Sagar Patel (Tax and Business Consultant) 11 August 2020
Are you filed all the returns (i.e GSTR1/3B) up to date as required to be filed before cancellation of GST registration ?
priyanka pal 11 August 2020
If taxable person cease to be a taxable person then business assets deemed to be supplied by him. so I think you have to pay tax on balance input and capital goods lying on the date immediately before cancel registration
Sagar Patel (Tax and Business Consultant) 11 August 2020
"Furnishing details of closing stock/capital Goods held at the time of ceasing the business and paying tax thereon is required to be done after cancellation of GST registration in form GSTR 10 final Return."
This process is required to be done after cancellation order not before cancellation/apply for cancellation.
Note : In your case, you have to contact your jurisdiction officer for clarification regarding liability/rejection.
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