GST Registration is obtained in 2017-18 when turnover was above threshold limit. SInce last two year Agreegate turnover is below threshold and not likely to extend above limit.
Whether GST Registration can be surrender with reason turnover is below threshold limit ?
GST Registration Surrender Allowed for Turnover Below Threshold; Pending Returns Must Be Filed First A query was raised about the possibility of surrendering a Goods and Services Tax (GST) registration due to a decrease in turnover below the threshold limit since the registration was obtained in 2017-18. One respondent confirmed that surrendering the registration on these grounds is permissible. Another respondent advised that all pending returns must be filed before the registration can be surrendered. (AI Summary)