Thershold limit as per yesterday's decision by GST Council

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With regards to yesterday's ammendments by GST Council with respect to threshold limit increase from Rs 20 lakhs to Rs 40 lakhs, if a business entity has an annual supply of Rs 36 lakhs and maintains a consistency annually, so can they cancel their GSTIN?
Replies (3)
w.e.f. 01.04.2019
Yes, After This implementation As Per Your Choice
wef from 01-04-2019

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