Can I cancel my GST registration without filing nil returns?

Under GST, a taxpayer and a proper officer can initiate the cancellation of GST registration. If a taxpayer registered under the composition scheme has not filed the returns for three straight years. A taxpayer other than composition taxpayers fails to file returns for six continuous periods.

What happens if nil GST return is not filed?

If NIL return is not filed, a penalty of Rs. 200 per day is applicable until the filing is complete. Hence, all taxpayer having GST registration must submit NIL GST return before the deadline.

What will happen if GST is not filed?

If you don’t file any GST return then subsequent returns cannot be filed. For example, if GSTR-2 return of August is not filed then the next return GSTR-3 and subsequent returns of September cannot be filed. Hence, late filing of GST return will have a cascading effect leading to heavy fines and penalty (see below).

What will happen if I didnt pay GST?

An offender not paying tax or making short payments must pay a penalty of 10\% of the tax amount due subject to a minimum of Rs. 10,000. Consider — in case tax has not been paid or a short payment is made, a minimum penalty of Rs 10,000 has to be paid. The maximum penalty is 10\% of the tax unpaid.

How do I know if my GST registration is Cancelled?

Step 1: Login to the GST portal and go to Services > Track Application Status option. Step 2: Select the option from drop down against the Module as Registration. Step 3: You may choose to know the application status from the ARN or SRN or submission date as well.

How do I cancel my GST registration scheme?

Procedure

1. A registered person can submit an application for revocation of cancellation, in form GST REG-21, if his registration has been cancelled suo moto by the proper officer.
2. He must submit it within 30 days from the date of service of the cancellation order at the Common Portal.

What happens if GST is not filed?

Delayed filing of GST attracts Late Fees. Also, Interest has to be paid on late payment of tax. When any person transports any goods against GST Act then the goods will be seized. In cases of tax evasion, goods will be confiscated.

How to file a nil return under GST?

GST return has to be filed by everyone having GST registration irrespective of business turnover or profitability in a month. Hence, even if there were no invoices issued during a month, the taxpayer must login to the GST Portal and submit a NIL return.

How many GST registrations were cancelled in October and November?

Goods & services tax (GST) authorities have cancelled over 1.63 lakh registrations in October and November of taxpayers who have not filed their GSTR-3B returns for more than six months.

What if I did not file GST return before the deadline?

Hence, all taxpayer having GST registration must submit NIL GST return before the deadline. It is good news for you , if you did not fill the GST return from July 2017 to September 2018 than government already waive off the penalty. Now you can file return without penalty for this time period.

What if there are no GST invoices issued during the month?

Hence, even if there were no invoices issued during a month, the taxpayer must login to the GST Portal and submit a NIL return. If NIL return is not filed, a penalty of Rs.100 per day is applicable until the filing is complete. Hence, all taxpayer having GST registration must submit NIL GST return before the deadline.