Regarding GST I'd cancellation

160 views 3 replies

rupam ghosh

3 Points Joined December 2020

I am a transporter from calcutta.My returns (both gstr 1 and gstr3b) have not been filed since Nov 2017.Presently, there is a huge late fee associated with it, which I cannot pay under any circumstances.I have only supplied to registered parties and they are liable to pay the required GST. I have not taken any ITC and the earlier returns were filed using RCM. My questions are as follows:-

1) Is there any chance of amnesty scheme return?

2) If my registration is revoked by an officer and I don't want to reinstate the number, would I have any late fee liabilities?

3) Given that I have not taken any ITC or have tax liabilities, would I be demanded any tax and if demanded can I present my case to the corresponding officer, if he wants to cancel my registration?

4) Can I apply for any other registration using the same PAN in the current scenario?

I would be highly obliged if anyone of you answer my queries.

Thanks & Regards
Rupam Ghosh

Replies (3)

Spurto Consultancy Services

Consultant

1891 Points Joined April 2019

Even though there was no liability in your case but since you took the registration then filing of return was mandatory in your case.

1. Nobody can give you assurance of the Amnesty scheme.

2. Technically you will be liable to pay the GST late filing fees and penalty at the time of cancellation of your GST Registration

3. There might be chances that you wont be getting any new GST registration in the state till the time the older defaults are made good.

rupam ghosh

3 Points Joined December 2020

If I do not opt to renew my registration would I still have to pay the late fees(if it is suo motto cancelled). If I have to, then what is the maximum amount (if any) and payment or installment scheme (if any).