Hello Sir,
I had registered a LLP in 07/2013 but didn't started the business yet... neither i had opened bank a/c till now.
First year 2013-14 i couldn't submitted the Annual Return s(Form 8 & 11) to MCA because I didn't know legal compliance. But after that I am continue filing my NIL returns for year 2014-15, 2015-16, 2016-17 with the help of CA.
My CA is saying if you want to close the LLP you will have to pay panelty 100/- per day (around 1 lacs for 04 years) for non-compliance of first year 2013-14 for not filing annual return.
How can know whether this panelty is imposed me or there is no panelty? I don't want pay panelty as i have not started by business till now.
Now I want to start my business & want to apply for GST number due to inter-state services.
I want your suggestion on below question;
1. Can I apply for GST number now or first i will have to pay panelty
2. Should I start another company & get the GST number
3. How can i know whether panelty is there or not
3. How can I close the my LLP
I will be tankfull if you can provide your guidance.
CAclubindia
