Hello all,
I got registered to GST because my turnover is more than 20 lakhs. Now the threshold has been increased to 40 lakhs.
If my turnover is Below 40 lakhs, can I apply for GST cancellation?
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GST CANCELLATION.
Replies (3)
In current situation No more notifications about 40lakhs...
But,
If / after availability of Notification then You can. Before settle Your all liabilities under GST...
But,
If / after availability of Notification then You can. Before settle Your all liabilities under GST...
Agree with Raja sir view...
The threshold limit 40lakhs is applicable from F.Y. 2019-20.
Presently if your Turnover . is above 20lakhs then continue till the end of F.Y. 2018-19.
The threshold limit 40lakhs is applicable from F.Y. 2019-20.
Presently if your Turnover . is above 20lakhs then continue till the end of F.Y. 2018-19.
This will be applicable from 1st april 2019.
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