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Firm closed, but not filed retuns

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RAJENDRAN PADMANABHAN

26 Points Posted on 24 October 2020

I have closed my business on 31.03.2019.But the same is not intimated in the GST department. Now GST department had issued notice for non filing returns. How can I solve this problem without pay late fee.

Replies (7)

Quick Summary

A business owner closed their company on 31.03.2019 but failed to inform the GST department, leading to a notice for non-filing of returns. The user is seeking advice on how to resolve this without incurring late fees. The advice given suggests cancelling the GST registration and filing a final return (GSTR-10) to officially notify the department of the business closure. If no transactions occurred, filing nil returns until cancellation is also an option.

ayusmita

Tax consultant

5895 Points Posted on 24 October 2020

Did you file cancellation of of gst
and if yes then after getting the cancellation order did you fill the annual return or say your final return with in the due date?

RAJENDRAN PADMANABHAN

26 Points Posted on 24 October 2020

Cancellation of GST registration is not filed. GSTR 3B filed upto 31.03.'19. No other returns filed.

ayusmita

Tax consultant

5895 Points Posted on 24 October 2020

If you closed the business and no intention of doing it then you have to cancelled your GST as well as file GSTR10 so that the department know that you stop the business
otherwise you have to file your gst the way you filing earlier
file nil return till now if you made no purchase and sales transaction then cancel your registration after receiving cancel order in protal GSTR10 due date will appear then file with in that date .