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.
Menu
Possibility of sale of goods after surrender of GST and monthly sales Rs 10000/-
Replies (4)
Quick Summary
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)
The only , you cannot charge & collect GST from Customer (Reference Section 32 of CGST Act)
Yes you can sell
You can continue business if you apply for cancellation of GST registration due to turnover being below 40 laks.
Yes, you can continue business as if turnover less than limit
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
