GST change in threshold limit actions required


I am a trader having last years turnover of 22 Lakhs…I am GST no.holder submitting quarterly returns.Now since threshould limit this year is increased to 40 L & i am expecting turnover bellow this limit in current year ,kindly advice me 1) Do i still need to file querterly returns…If yes ,do i need to pay 1% tax..if not,what about my GST No..Should i surrender no../cancell it or continue with nil tax returns?
Kindly advice me

girish doshi 2 years 0 Answers 282 views 0

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