As per Section-45 of CGST Act, every registered person who is required to furnish a return under section 39(1) of CGST Act and whose registration has been cancelled shall furnish a final return electronically in form GSTR-10 through the common portal.

Time limit to file GSTR-10

• Date of cancellation  or

• date of order of cancellation,

whichever is later.

Important Note :

Individuals who have opted for the composition scheme are not required to file a final return under Section 45.

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Can I get GST Registration if turnover is less than prescribed limit

Voluntary registration is a proactive step taken by dealers who wish to become part of the GST framework, even though they do not meet the mandatory registration criteria and are not obligated to register for GST. Businesses whose annual turnover falls below the specified threshold limits are not required to register for GST. However, they can choose to register voluntarily.

As per section-25(3) of CGST Act 2017, a person, though not liable to be registered under section 22 or section 24 may get himself registered voluntarily, and all provisions of this Act, as are applicable to a registered person, shall apply to such person. Which means:

• "Section 22 or section 24" likely refers to specific sections within the Act that outline the conditions or criteria for mandatory registration of individuals or entities.
• "Voluntarily registered" suggests that even if a person or entity does not meet the criteria for mandatory registration, they can choose to register themselves under the Act voluntarily. This might be done for various reasons, such as gaining certain benefits or complying with regulatory requirements.
• The statement emphasizes that once a person registers voluntarily, they will be treated in the same way as those who are registered under the Act due to mandatory requirements. This means they will be subject to the same obligations, rights, and responsibilities as any other registered entity under the Act.

Important Note :

When a business voluntarily registers for GST (Goods and Services Tax), it becomes subject to all the provisions and regulations of GST. There are no relaxations or exceptions granted based on voluntary registration. This means that the business must fully comply with all the GST rules, including filing regular returns, paying taxes on time, and adhering to all the compliance requirements.

Voluntary GST registration signifies that the business has chosen to enter the GST system willingly, even if its turnover does not reach the mandatory threshold for registration.

It's crucial for businesses to understand their responsibilities and obligations under GST, as non-compliance can lead to penalties and legal repercussions. Therefore, when a business opts for voluntary GST registration, it should be prepared to adhere to all GST provisions and tax-related responsibilities diligently.

Disclaimer:-The information available on this website/ App is solely for informational purposes. We make no representation or warranties of any kind, express or implied about the accuracy, reliability, with respect to information and material or video available on website/APP, any reliance you place on such information is therefore strictly at your own risk. We are not liable for any consequence of any action taken by you relying on the material/information provided on this website.

Can I get GST number without shop?

Certainly, it is possible to conduct business operations from your residence and register it as your place of business under GST. However, if the property is registered under your parents' names, it is necessary to secure a No-Objection Certificate (NOC) from them. The NOC is a document in which your parents acknowledge that they have no objection to you using the premises for your business purposes. This NOC must be submitted along with the other necessary documents when applying for GST registration.

Disclaimer:-The information available on this website/ App is solely for informational purposes. We make no representation or warranties of any kind, express or implied about the accuracy, reliability, with respect to information and material or video available on website/APP, any reliance you place on such information is therefore strictly at your own risk. We are not liable for any consequence of any action taken by you relying on the material/information provided on this website.