I registered for GST but cancelled later as my turnout was below the specified limit. I recently received an email from GST department that I need to submit final return. When I went to submit the return online I found that I need to pay 10K penalty. Is it possible to ask for a waiver of this penalty or do I have to pay it. Please advise. Thanks.
Menu
Final return penalty
Replies (4)
If there is sale of goods and services /have you followed the process of cancellation of registration.
Yes, cancellation of registration was followed but I wasn't aware that final return needs to be filed.
As per provision, has to pay penalty for delayed period. As per my knowledge no waiver.
Yes, the penalty must be paid to complete the GST surrender process.
Recent Threads
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
Related Threads
CAclubindia
