08/05/2019 Financial & Legal Services
Most of the People or entities who deliver goods and/or services in India have a GST registration. After obtaining GST registration, every so often a GST registration may additionally need to be cancelled. A cancellation of GST registration Takes Place when there is closure of commercial Business, no requirement to pay GST, transfer of business, change in constitution and no enterprise activity. it’s obvious that in case you anyways exit of the GST eligibility frame, then you can surrender GST registration. Reasons for cancellation of GST may be many some of that's if your annual turnover is going less than the brink restrict if you choose to close your commercial Business and greater.
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