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Surender/cancel of gst number

Others 303 views 4 replies

shivam gupta

190 Points Posted on 15 January 2022

i am a composition dealer. i want cancel my gst number.so what i will pay tax on stock yes ya no. plz tell me with resion

Replies (4)

sabyasachi mukherjee

Profession Business

28207 Points Posted on 15 January 2022

Gst number can be cancelled only when liabilities are paid off.

CA Nilesh Purohit

CA Practice

103 Points Posted on 15 January 2022

Your ITC on stock will be reversed

Sravan Reddy G

CA

618 Points Posted on 15 January 2022

For composition their will be no ITC. na .....

Nidhi

Chief Accountant

3150 Points Posted on 15 January 2022

Not required to pay any tax.

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