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Filling of returns...

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sagar tatti

75 Points Posted on 11 October 2020

I am sole proprietor of cartridge ink filling..
due to pandemic I closed my business on 21st - SEPTEMBER- 2020. so i filled up to date every return GSTR1, GSTR3B.. and I applied for CANCELATION application on 6/10/2020.
MY DOUBT IS WHETHER I NEED TO FILE SEPTEMBER MONTHS GSTR1, GSTR3B.? AND HOW MANY DAYS IT TAKES FOR CANCELATION?

Replies (2)

Quick Summary

If you've closed your sole proprietorship business and applied for GST cancellation, you'll still need to file your GST returns for the months you were operational, including September. After cancellation, you must also file a final GSTR 10 return within three months. Be aware that tax may be due on any closing stock, and the cancellation process duration can vary.

Sagar Patel

Tax and Business Consultant

11616 Points Posted on 11 October 2020

Yes, September and October both months return required to be filed...

GST officer will verify your application and cancel the registration, if found proper..

After Cancellation of Registration, you are also required to file one final Return i.e GSTR 10 within 3 month's of order of cancellation. if you have any closing stock on date of cancellation than required to pay tax on same.