Vat Registration if closing down

I have closed my business. What should i do with my Vat Registration?

Replies
Anu Goel23/09/2019 22:20:14

Vat registration needs t be cancelled within 30days of closing the business

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Ishan Parikh26/09/2019 06:39:22

nope anu goel is wrong. you should deregister the moment your turnover is less than 187500 in previous 12 months.

2 Like  
Anu Goel26/09/2019 17:11:34

There are multiple reasons where one should de-register. However where one has stopped any taxable supplies, you should file for de registration within 20 business days from the date on which you closed the business

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