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Gst Cancelation
Hi everyone. One of my client is having textile retail business and he has taken Composition scheme. He had closed his business in Jan 2020. There are stock Leying with him. While canceling his registration whether he need to pay tax on stock? What are the docs. required in order to cancel the Registration?
Replies (5)
Hi,
Yes tax needs to be paid
you need to apply for cancellation and on approval file the final GST return
Thanks,
Mohit
8335093446
Yes tax needs to be paid
you need to apply for cancellation and on approval file the final GST return
Thanks,
Mohit
8335093446
No..... not required to pay tax on stock
Sir I am having confusion, sir please provide me any circular?
You can apply for cancellation of GST Reg.
No further tax paymenthas to be made. After the cancellation is approved, file GSTR 10 final return
Composit dealer are not required to GSTR 10
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