Dear sir, we are running a Lodging business. Earlier we were registered under Maharashtra Tax on Luxuries Act. We have migrated to the GST Act. Our Room Tariff is Rs. One thousand and above for some rooms. We have been paying taxes and filing Returns under GST. As our Turnover is below Rs. Twenty Lakh, can we opt for Cancellation of GST Registration ? Thankig You,
If we can opt for Cancellation of Registration under GST Act, can we cancel the same online ?
If we can opt for Cancellation of Registration under GST Act, can we cancel the same online ?
Yes, you can opt for cancellation of GST registration online.
Please note that your entire turnover (including non taxable turnover) should be below 20 lacs.
Please feel free to call/ revert in case you need more clarity.
Thanks and regards
Abhishek Dugar
CA CS B.Com
Hi
Yes, cancellation can be done. This can be done online through GST portal.
Dear Sir/ Madam, Earlier we took Registration under Maharashtra Tax on Luxuries Act on the basis of Room Tariff and not Turnover. Now after Migration to GST Act , we are taking the basis of Turnover Limit (Rs. 20,00,000/-) and not the Room Tariff for the Cancellation of GST Registration. Is it right ? Is it right ?
Dear Sir/ Madam, Earlier we took Registration under Maharashtra Tax on Luxuries Act on the basis of Room Tariff and not Turnover. Now after Migration to GST Act , we are taking the basis of Turnover Limit (Rs. 20,00,000/-) and not the Room Tariff for the Cancellation of GST Registration. Is it right ? Is it right ?
Yes. It is absolutely right. Since GST is in force, the GST rules and guidelines have to be followed.
Yes. You can go for Cancellation of Registration
Yes, for GST registration you need to see turnover and not the room tariff.
I assume that the query has been already taken care of by my other colleagues. Feel free to get back in case any part of it has been left unattended.
GST registration can be cancelled online, if your aggregate turnover is less than Rs 20 Lakhs from taxable and non taxable products/services. The basis for applicability of GST is turnover but the basis for levy of GST is room tariff
