Mam, Whether we should cancel GST Registration — a) after filing GSTR-3B for the month OR b) after filing both GSTR-3B and GSTR-1 of the month ??
2) If answer is (b), then what should I do in last query, as I file GSTR-1 quarterly return . So, technically I am registered until filing of Quarterly GSTR-1 . So, I should technically raise invoice upto filing of GSTR-1 and pay tax accordingly . Query- How & WHEN to cancel gst registration in this case ??
Thanks..
When a person submits an application for voluntary cancellation of GST registration, his/her registration shall be suspended with immediate effect and they shall not be able to make any taxable supply and charge GST thereon and therefore, will not have to file any return during the suspension period. It is adviseable to file GSTR-1 and 3-B and thereafter apply for cancellation.
After cancellation, the applicant shall be notified of the same, directing him to pay due tax, interest or penalty (if any), including the amount liable to be paid under sub-section (5) of section 29.
However the person requesting for voluntary cancellation is still required to file Annual Return (GSTR 9/9A/9C) and Final return (GSTR-10). The final return (GSTR-10) must be submitted within three months from the date of the cancellation order. Your log-in on the GST Portal will remain active until all the required activities are fulfilled.
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