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Obtained Gst number but what happens if the business is not functional for few months?

11 December 2019

I have obtained gst number in March filed my gst returns til may due to some unforseen reasons I have to stop business transaction for 3months and now I have received a non payment notice. Could someone please advise me what to do now?

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4 Replies

SURIBABU (MANAGER ACCOUNTS) (28 Points)
Replied 11 December 2019

If you have not filed GST Return continuously for 3 months your registration number is liable to be cancelled with out giving any notice. If you have any tax dues please pay immediately by explaining the letter for not filing/paying gst tax further if you have no business at least you are supposed to file nil returns

Shivam RC (Student) (23683 Points)
Replied 11 December 2019

Filing Returns under the GST Regime is mandatory. Even if no business transaction has been done in a particular month/period, then you have to file "NIL GST RETURN" for that particular period.

If you do not file your GST RETURNS for a consecutive period of 3 Months, then your Registration might get cancelled by the proper officer on the grounds of not filing GST RETURNS u/s 29(2) of the CGST Act 2017.

Also if you do not start your Business within 6 months from the date of Registration, then also your Registration can be cancelled by the proper officer.

Refer the Provision of Section 29 of the CGST Act 2017 to know more about "Cancellation of Registration".

Regards.

1 Like

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 11 December 2019

Yes even if you have not started your business within 6 month Your Registration can be cancel

CA Arun Tiwari (Partner) (6665 Points)
Replied 14 December 2019

Cancellation of Registration under GST states that If you do not start your business within 3 months from the date of Registration, then it will lead to cancellation of the Registration.

Even if no business transaction has been done in a particular month/period, then you have to file "NIL GST RETURN" for that particular period. It is mandatory to file the Nil Return in these situations.