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want to submit gst composition no.
my sale of f.y. 2017-18 is 50lakh after 1st july... nd i was in composition.. nd from next year my sale will be below 20 lakh.. so what to do?? how i can cancel my gst registration???
Replies (3)
Option to cancel registration is available on GST website. You may cancel it by giving details of your stock & pay tax on it.
existing stock par to gst paid hai... aur agar ab mai submit kar rha hu to us par 1% pay karna padega kya???
You can do so by paying the amount of ITC availed for the goods lying in Stock
Please refer section 18 which specifically dwells upon the issue
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