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migrated in Gst but turnover less than 20 lakhs

Rate / HSN codes 607 views 6 replies
I have a sole proprietorship firm registered under dvat.

My nature of business is tiffin services. I have a turnover of Rs. Five lakhs p.a.

Recently its migrated to GST portal and GST registration number was generated.

should i cancel Gst registration or continue with Gst?

if i cancel Gst registration then my proprietorship firm exists or not?
Replies (6)
No any issue about your proprietor ship existence u can cancel your gstin if your turnover is less than thershold
No any issue about your proprietor ship existence u can cancel your gstin if your turnover is less than thershold
अगर आपकी फर्म का व्यापार 20 लाख से कम हक़ी तो आपको रजिस्ट्रेशन लेने की जरूरत नही है
ओर आपका जो gst रेजिस्ट्रेड हो गया है उसको कैंसिल करा दीजिये परंतु एकाउंट्स को पूरी तरह मेन्टेन रखिये जिससे सबूत रहे कि आप जो व्यापार कर रहे है वह टैक्स विभाग के अनुसार कर रहित है
gst रजिस्ट्रेशन कैंसिल कराने पर आपकी फर्म टैक्स विभाग की नजर में कैंसिल हो जाएगी परंतु व्यापार पर कोई फर्क नही पड़ेगा

अगर आपको कही से कुछ माल खरीदने में ओर बेचने में gstn की जरूरत नही है ओर 20 लाख से कम में व्यापार कर रहे है तो रजिस्ट्रेशन के बिना भी व्यापार कर सकते है
you should cancel..the form of gst reg cancellation will be available soon on gst portal
Then how can i prove my firm is exist?
You can prove it by your records like purchase bill. sales bill bank acount income tax return books of acoount or any registration issued by any local or state authority like shop act licence


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