In case, someone no longer require the GST registration, he can cancel the same. The reason for such cancellation includes no applicability of GST, shutting down of business, retiring from profession etc. In some of the cases, the tax officer can also cancel a GST registration. This article provides of cancellation procedureof GST registration.
Meaning of GST Registration Cancellation
The cancellation of GST registration suggests that the taxpayer will no longer be a registered GST person. The taxpayer is not required to collect or pay GST or can claim for input tax credit. Moreover, he is no longer required to file GST returns.
The Consequences of GST Registration Cancellation
As mentioned above, the taxpayer is no more obliged to pay GST. However, for some businesses, GST registration is compulsory as per the guidelines under GST Act. In that case, if the GST registration is cancelled and the business is still active, then it will be called as an offence and heavy penalty will be applicable under GST.
Who can cancel the GST Registration?
GST registration can be cancelled by an application for cancellation, if it is a voulntary registration made under GST. However, the following are the details for the cancellation of registration for differnt persons;
Cancellation of GST Registration By Migrated Taxpayers
The deatiled process of cancellation of GST registration migrated taxpayers on the GST Portal is provided below;
Login to the GST Portal and click on the option with heading Cancellation of Provisional Registration
After clicking on the same, the cancellation page will be shown
Details of your GST Number, business name will be shown
Provide a reason for the cancellation
Then, you will be asked to if you had issued any tax invoice in the current month.
Fill up the details including place and authorized signatories.
Lastly, sign off the EVC in case of partnership or proprietorship
In case of comapnies and LLPS sign with DSC.
Note: Please note a taxpayer can avail the above service if he has not issued any tax invoice. If the taxpayer had issued tax invoice then he can opt for form REG-16. The deatils of which are mentioned below.
Cancellation by Taxpayer (Other than Migrated)
If someone who is unable to follow the above-mentioned procedure can file an application for cancellation with form GST REG 16. The deceased taxpayer’s legal heir can follow the below mentioned procedure;
After submitting the aforesaid form, the GST officer will issue an order for cancellation of GST in form GST REG-19 within 30 days from the application submission. The cancellation will be done once the date is determined by the officer and he will inform the same to the taxpayer.
Cancellation by Tax Officer
The detailed process of GST cancellation by tax officer is provided below;
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