Question ID :
44644
082701
A Firm wants to surrender GST registration wef 31-3-24
It is filing its GSTR 3B on 26 alongwith Taxes payable
Can it pay Late fees as well as Interest @18% in this return as well as it does not want to carry return filing in 24-25 Fin Year
Posted by
Mahesh Kumar
on
Apr 25, 2024
Filed Under
INDIRECT TAXES
Yes, can do so with choosing effective date 31st March only
Posted by
CA. SURAJ KUMAR CHOUDHARY on
Apr 27, 2024
Answer ID :
85396
Yes, though there is a delay in filing the GST Returns pertaining to March 2024 you can still Surrender your GST Registration w.e.f. from 1st April 2024.
Posted by
SREENIVASULU THULASIRAM on
May 02, 2024
Answer ID :
85403
No. Practically it should not pay the late fees and interest in the same month. This is because GSTR-10 will automatically capture such late fees and interest and hence such late fees and interest to be paid in GSTR-10. No need to file any returns in 2024-25.
Posted by
MAYANK A JAIN on
May 07, 2024