Should I cancel my gst number

my sale purchase turnover is below 40 Lakh limit ,can I cancel my gst number, if I got some rental income from other shop after cancellation of my number then what
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Quick Summary
This discussion explores whether an individual can cancel their GST number if their sales and purchase turnover is below the 40 Lakh threshold. It clarifies that cancellation is possible after clearing pending returns and filing a nil return. The advice also touches upon the implications of receiving rental income from another shop after cancellation, noting that service allowable is up to 10% of the previous financial year's turnover.

You can file nil return, otherwise you cannot take cancellation
Service allowable is upto 10% turnover in states of previous financial year
You can cancel,after clear the pending returns !
Turnover limit for registration is 20 lac in case service provided by assessee is in excess of 10% of turnover in states..
Service provided means rent received throughout the year 3.7 lacks & turnover 37 lacks sale,purchase approx 32 lacks

you can cancel after filing nil return

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