Get your GST Registration cancelled from a certified professional
GST Cancellation or Surrender
All about GST Cancellation or Surrender
The registration granted under GST
can be cancelled for specified reasons. The cancellation can either be initiated
by the department on their own motion or the registered person can apply for
cancellation of their registration. In case of death of registered person, the
legal heirs can apply for cancellation. Further in case the registration has been
cancelled by the department, there is a provision for revocation of the
cancellation.
Reason for cancellation:
The registration can be cancelled
for the following reasons:
A person registered under any of the existing laws, but who is not liable to be registered under the GST Act
The business has been discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of
There is any change in the constitution of the business
The taxable person (other than the person who has voluntarily taken registration and is no longer liable to be registered
A registered person has contravened such provisions of the Act or the rules made there under
A person paying tax under Composition levy has not furnished returns for three consecutive tax periods
Any registered person, other than a person paying tax under Composition levy has not furnished returns for a continuous period of six months
Any person who has taken voluntary registration under subsection (3) of section 25 has not commenced business within six months from the date of registration
Registration has been obtained by means of fraud, willful misstatement or suppression of facts