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GST SUO MOTO Cancellation

425 views 4 replies

just Singh

3 Points Joined April 2018

I have forgotten to file GST return on time. Now I am served the SUO MOTO cancellation.My business is not active, I am not earning any money from it. I would like to keep the GST Registration but, I have to pay around Rs. 3500 for each 6 months i.e. Rs. 3500*6 = Rs. 21,000 for late fee GSTR 3B.

What is my best option?

Replies (4)

Sajal Mandal

294 Points Joined March 2018

You should pay late fees

Jamil Ahmed

615 Points Joined July 2017

Late fee for Nil returns is Rs.20/- per day subject to a maximum of Rs.10000/-. In order to keep your registration you have to file all returns.

just Singh

3 Points Joined April 2018

What will happened if I couldn't pay the late fees and the GST Registration is cancelled by SUO MOTO. Do I have to still pay the late fee after cancellation? Can I reapply for GST after few years?