Goods and Services Tax – Started By: – kantipudi satyanarayana – Dated:- 6-10-2017 Last Replied Date:- 8-10-2017 – For cancellation of registration GST REG 16 has been prescribed. But it has not so far been activated in the portal. What is the fate of the migrated assessee If he is not allowed to cancel his GST regn when he expects that his gross receipts would be below the threshold limit. Whether shall he not raise tax invoices till GST REG 16 is activated? Or shall he keep on issuing tax invoices without charging GST? What about filing of GST Returns? Can he show his monthly taxable turnover to be nil? Is it fair on the part of the Govt not to allow the assessee to cancel his registation? My question is what to do during the intervening
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e time. Rightly advised by an expert. – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 22 (2) of CGST Act, every person who, on the day immediately preceding the appointed day, is registered or holds a licence under an existing law, shall be liable to be registered under this Act with effect from the appointed day. If your turnover is below the limit of ₹ 20 lakhs, please contact your range officer or Seva Kendra of your Commissionerate seeking their help in cancellation of the registration. – Reply By kantipudi satyanarayana – The Reply = Dear experts, thanks for your timely response. I wish to invite your attention to the following: 1. I got migrated to gst as it is a must who have othewise been on excise o
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