GST cancellation

Finding Inspiration in Every Turn

We are able to assist you with completing all necessary procedures for the cancellation of your GST registration and surrendering your GST certificate.

HOW TO DO GST CANCELLATION?

Submit the GST information and the reasons for cancellation through the online platform.

Seek guidance from our business consultant on the process for relinquishing your GST registration.

Upon submitting an order, your request is assigned to one of our committed professionals.

Our expert will submit FORM GST REG-16 to the GST authorities.

After your application has been successfully submitted, our team will send you an acknowledgment to confirm receipt.

On verification of details, the GST cancellation status will be marked as 'canceled'.

WHEN IS LEGAL GST CANCELLATION INDIA ENFORCED?

Failure to submit GST returns

In the event that an individual registered under the standard GST scheme fails to submit their GST returns for a continuous period of six months.

Issues with filing composite GST returns

In the event that an individual registered under the composition scheme fails to submit their GST returns for three consecutive months.

Lack of business operations.

If an individual has registered for GST under their business name but has not initiated any trading activities within six months from the registration date, they need to take further action.

Unlawful GST Registration

If an individual has obtained GST registration through fraudulent methods, their GST certificate will be promptly revoked, and this revocation will be applied retroactively.

Failure to remit Goods and Services Tax (GST)

If a taxpayer is discovered to be evading GST, appropriate legal measures will be taken, which will include the cancellation of their GST Certificate.

Flout of norms

If a GST registrant breaches any regulations or provisions outlined in the CGST Act of 2017, they will face mandatory cancellation of their GST registration.

WHEN DO WE OPT FOR GST CANCELLATION?

There are specific scenarios that may compel a taxpayer to surrender their GST registration. Here are some instances where a tax assessee might consider the GST cancellation process:

1. Unintended GST registration, which can result in unnecessary GST liabilities.

2. If an individual's turnover is below ₹20 lakhs and they are registered under GST, they have the option to cancel their GST registration.

3. In cases of business dissolution or amalgamation, initiating the GST cancellation process is essential to avoid receiving tax notices from the government.

4. If the government increases the GST registration threshold and your business falls below the new limit, you may choose to cancel your GST registration in India.

5. During a takeover, surrendering the GST registration is crucial to prevent ongoing GST liabilities from being attributed to the previous owner.