Question ID :
38142
GST REGISTRATION FOR DSA
AS PER GST NOTIFICATION NOW A DAYS INDIVIDUAL DSA OF BANKS / FINANCIAL INSTITUTION ARE COVERED UNDER RCM U/S 9(3). CAN INDIVIDUAL DSA RECEIVING TOTAL YEARLY COMMISSION LESS THAN Rs. 20 LACS FORM BANK / FINANCIAL INSTITUTION SURRENDER HIS GST REGISTRATION?
Posted by
CA. TASWALA MAYUR HEMENDRA
on
May 13, 2019
Filed Under
GST
YES you can surrender the GST Regd. A person who is engaged in making only supplies of taxable goods/services on which reverse charge applies is exempted from obtaining registration under GST.( Notification No. 5/2017- Central Tax dated 19/06/2017)
Posted by
RAJENDRA KHANDELWAL on
May 14, 2019
Answer ID :
76570
No registration required in view of Ntfn No 5/2017 dt 19-6-17 [F. No. 349/72/2017-GST]
Posted by
SIVADAS CHETTOOR on
May 15, 2019
Answer ID :
76637
yes you can surrender the Reg.
Posted by
CA. VENKITARAMAN K V on
May 25, 2019
Answer ID :
76764
Yes . One should surrender its GST registration as the service is under RCM.
Posted by
CA. JHA SHANKAR KUMAR on
Jun 06, 2019