RISHI JI 18 August 2020

is penalty payment is mandatory in case of death of proprietor in gst

If proprietor got death in Dec 2018
and there is no one able to continue the business cause of that business got shut down but gst penalty due to not filling of return is going increase.
and also ITC lapse as per 16(4)

Please tell me if there is any way to get wave of the penalty. and any way to take input ITC for F.Y. 2018-19.

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4 Replies

Dr J C Vashista (Advocate) 19 August 2020

Post this query in CA club if you have not engaged any chartered accountant.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 19 August 2020

All the services related to agriculture including harvesting, cultivation, supply, packaging, warehouse, renting or leasing of machinery, etc. are exempted from GST. However, this does not include the rearing of horses. Transportation of individuals via public transport, metered cabs, auto-rickshaws, metro, etc