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Not utilizing itc

ITC / Input 201 views 6 replies
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self
289 Points Posted on 09 January 2020
i am not filing my return for the 6 month tax periods but my business is running with gst no
does gst council make a query in that case.
or it will pass the gst cancellation certificate
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On 09 January 2020 at 14:16 Report
Replies (6)
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"Do the Right Thing...!!!"
128147 Points Posted on 09 January 2020
Yes...
Firstly they issued SCN...
After that they cancel Your registration...
463 Reply
On 09 January 2020 at 15:05
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self
289 Points Posted on 09 January 2020
Does they levied penalty for that case
1 Reply
On 09 January 2020 at 15:09
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"Do the Right Thing...!!!"
128147 Points Posted on 09 January 2020
Yes...

You will settle all pending liabilities...
463 Reply
On 09 January 2020 at 15:10
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self
289 Points Posted on 09 January 2020
No liability is pending, is they levied penalty on my itc which i reflected on my account before the time of cancellation.
as i am only make purchases for that 6 month but not file any return.
does in that case also gst council cancel my gst registration
1 Reply
On 09 January 2020 at 16:57
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"Do the Right Thing...!!!"
128147 Points Posted on 09 January 2020
Liability means payables...

I don't know what is Your transactions...


But, Non filing of returns and gstin would be cancelled the same then later fee is applicable for the delayed returns...
463 Reply
On 09 January 2020 at 17:42
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76 Points Posted on 09 January 2020
If you didn't file your gst returns than you have to pay the late fees on the all months gstr 3b. if in your business you required to Eway bill than if your didn't file your 2 succeeding months gstr 3b. than you will not generate Eway bill for business activity
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On 09 January 2020 at 17:52


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