Cancellation of GST Registration means the permanent closure of the GSTIN in some circumstances such as closure/transfer/change in constitution of the business etc. and it can be applied by filing an application on the GST Portal and by the Proper officer Suo-moto in the circumstances such as non-filing of returns, fraud, and contravention of provisions of the Act etc.

Cancellation of GSTIN is of two types –

1. Voluntary Cancellation by the Registered Person,

2. Cancellation by the Proper Officer Suo-moto. In this article, we will discuss about both types of cancellation and its impacts. Further, we will discuss the suspension and revocation of cancellation of registration in case the GST Registered Taxpayer want to revoke the cancelled GSTIN in any circumstances.

Before applying for GST registration cancellation, the taxpayer must file all the GST returns up to date. In case there is non-compliance with respect to GSTR-3B return or GSTR-1 return or GST annual return, the overdue returns must be filed before initiating the GST cancellation process.

• Fill form GST REG-16 application for cancellation of registration with following details:
  • Inputs and capital goods held in stock on the date from which cancellation of registration is sought.
  • Liability as on that date.
  • Details of the payment, if any, made against such liability.
• Within 7 days, fill form GST REG-17 to show cause notice.
• If show cause hearing is successful, then under form GST REG-16 order to cancel registration is done.

Exception: In case of voluntary registration, no application will be considered in case of a taxable person within 1 year from registration.

GSTR 10 should be filed within three months of the date of cancellation or date of order of cancellation, whichever is later. GSTR 10 must be filed within three months from the date of cancellation or date of cancellation order whichever is later. For instance, if the date of cancellation is 1st April 2021 whereas the cancellation order was received on 13th April 2021, then the GSTR 10 must be filed by 13th May 2021.

The Goods and Services Tax Return 10 is a one time document/statement that has to be filed by a registered taxpayer whenever they cancel their GST registration or at the time of closing down a business (either voluntarily or because of a government order) file the GSTR-10:

• You must be a registered tax payer under the GST with a 15 digit PAN based GSTIN who is now cancelling his/her GST registration.
• The aggregate turnover of your business should be greater than 20 lakh rupees (10 lakh rupees in case of NE India).

Annual Return: Annual return is supposed to be filed once every year in Form GSTR 9. It has to be filed by every registered person under GST.
Final Return: As mentioned above, this return is required to be filed by the people whose registration has been cancelled or surrendered in Form GSTR 10. It is to be filed only once.

• If the registration has been cancelled for the failure of the registered person to furnish returns, unless such returns are furnished and any amount due as tax, in terms of such returns, has been paid along with any amount payable towards interest, penalty and late fee in respect of the said returns.
• All returns due for the period from the date of the order of cancellation of registration till the date of the order of revocation of cancellation of registration shall be furnished by the said person within a period of thirty days from the date of order of revocation of cancellation of registration:
• Where the registration has been cancelled with retrospective effect, the registered person shall furnish all returns relating to period from the effective date of cancellation of registration till the date of order of revocation of cancellation of registration within a period of thirty days from the date of order of revocation of cancellation of registration.

In case you want to cancel GST Registration you can consult our expert that will help you to surrender your GST registration. We will Verify the cancellation status if there are any overdue that need to file before the final process our expert will help you to process that and then we file for cancellation of GST. Correspondingly, on submission of GST registration cancellation application, we will track the application Status, respond to any queries raise and help you complete the process.