Gst registration services

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34 Points Posted on 12 January 2022
My client is in service industry and his turnover is 24 lacs. He is stop doing this business. Do he still need to register in gst as turnover crosses 20 lacs limit. Or is there any option through which he can directly pay gst without registration.
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On 12 January 2022 at 16:36 Report
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Quick Summary
If your business turnover has exceeded the 20 lakh threshold for GST registration, even if you plan to cease operations, you generally cannot cancel the registration. You will likely need to continue paying tax. However, there might be specific circumstances or options available to address this situation without a full registration, so it's worth exploring further.

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Chief Accountant
3150 Points Posted on 15 January 2022
If Turnover is more than threshold limit than u can't cancel registration.
You need to continue to pay tax and get yourself registered
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On 15 January 2022 at 15:59
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Profession
28271 Points Posted on 16 January 2022
Not necessarily.
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On 16 January 2022 at 20:11

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