I have registered my firm name with GST under servise tax.(Existing Tax Payer - Migrated). I have got a provisional ID too.
But my expected business turnover will be less than 20 Lac/PA. So I dont want to charge the GST to my client.
So in this case should I surrender the GST number? or can I keep this GST number? and whether I have to file a NIL GST return for every 6 months. Please confirm.
Thanks and Regards,
Prashant Nayak
There is a provision of voluntray registration in GST where you register your self if, you want to register and avail many benefits of GST as becoming a registered supplier,Registartion on e commerce,inter state supply etc and you have file the return in gst as you will be considered as a normal tax payer in GST.If you do not want to file Return then you can cancel your registration.
1. Yes You can Surrender your GSTN
2. Yes You can Keep the GSTN...!
3. No... for NIL GST every 6months...
Thanks for your reply Upasana,
1) If I want to Keep my GSTIN then I should file the GST Return? If so for how many times in a year?
2) I cant keep my GSTIN with out GST Return filing?
Thanks and Regards,
Prashant Nayak
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
