I have taken gst registration voluntarily, but my turnover is approx 15 lacs annually.
If I m not charging gst on services provided by me, Do I still need to continue to hold the registration ?
If yes then do I need to file the returns.
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Gst registration voluntary
Replies (5)
As you have taken registration voluntarily, you are covered under the definition of registered person and you have to charged GST on your output services irrespectove of your turnover amount. The GST returns would also have to be filed.
As the turnover does not exceed 20 lakhs you are not liable to be registered, but since you have taken voluntary registration it cannot be cancelled upto 1 year from the effective date of registration. So, till then you will have to charge GST on your output and file the returns.
yoy cant cancell your gst reg before 1 year ... if you want to close your business completely the. you can cancle reg by you juridictional officer
waiit for few days today in 25 meeting announced that if you take reg as voluntary now you can cancle you reg..... you have to wait till applicaple circular
registration will be cancelled if u not charged gst continuously for 6 months
As you become registered person then there is no alternative option to escape from non charging of GST on your supply of services.
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