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Possibility of sale of goods after surrender of GST and monthly sales Rs 10000/-

Suprovo (MBA) (36 Points)

22 July 2021  

Hi guys,

Please let me know whether it is possible to sell goods after surender of GST registration as monthly sales is Rs 10000/-.Trade license and Professional Tax is paid up to date.


 4 Replies

Pankaj Rawat (GST Practitioner) (51634 Points)
Replied 22 July 2021

You can sell goods , as you mentioned it's 10 k monthly which is well below threshold limit prescribed in Section 22 of CGST.

The only , you cannot charge & collect GST from Customer (Reference Section 32 of CGST Act)

Sourav (Student) (23749 Points)
Replied 23 July 2021

Yes you can sell

CA Rashmi Gandhi (Chartered Accountant) (58993 Points)
Replied 23 July 2021

You can continue business if you apply for cancellation of GST registration due to turnover being below 40 laks.

Nidhi (Chief Accountant) (2060 Points)
Replied 31 July 2021

Yes, you can continue business as if turnover less than limit

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