GST Cancellation

GST cancellation refers to the process of canceling the registration of a taxpayer under the Goods and Services Tax (GST) regime. A taxpayer may choose to cancel their GST registration if they are no longer liable to pay GST or if they cease to carry on their business.

Consequences of GST registration cancellation

The taxpayer will not pay GST anymore
If the GST registration is cancelled and business is still continued, it will mean an offence under GST and heavy penalties will apply.

Steps to cancel the GST registration

Login to the GST portal using valid credentials.
Go to the Services tab and select the "Cancellation of Registration" option.
Fill in the required details and submit the application.
Once the application is submitted, a confirmation message will be sent to the registered email and mobile number.
The GST officer will verify the application and may ask for additional information or documents.
After verification, the GST officer will issue an order for cancellation of registration within 30 days.
It is important to note that once the GST registration is canceled, the taxpayer will not be able to collect GST from their customers, but they will also not be liable to pay GST to the government.

Cancellation of GST by tax officer

The GST registration of a taxpayer can be cancelled by the tax officer under certain circumstances. The tax officer can initiate the cancellation of GST registration if:

The taxpayer has violated any provisions of the GST Act
The taxpayer has not filed their GST returns for a continuous period of 6 months
The taxpayer has obtained the GST registration by fraud or misrepresentation of facts
The taxpayer is no longer liable to be registered under GST

If the tax officer decides to cancel the GST registration of a taxpayer, the officer will issue a show-cause notice to the taxpayer asking them to explain why their registration should not be cancelled. The taxpayer will have to respond to the notice within a stipulated time period.After considering the taxpayer's response, the tax officer will issue an order either cancelling the GST registration or dropping the proceedings.

Revocation of cancellation of registration

Revocation means the official cancellation of a decision or promise. Revocation of cancellation of registration means that the decision to cancel the registration has been reversed and the registration is still valid.

Revocation of GST cancellation

In order to revoke the cancellation of Goods and Services Tax (GST), a taxpayer must follow the procedure specified by the GST laws in their respective countries. Here are the general steps that may apply:

File an application for revocation of GST cancellation.
Provide supporting documents: Along with the application for revocation of GST cancellation.
Wait for the response from the authorities
Make the payment: Once the revocation of GST cancellation is approved, the taxpayer should make the payment of any outstanding dues or penalties that may have been levied at the time of cancellation.
Confirmation of revocation.

How does SIMBLE BOOKS help in GST cancellation

SIMBLEBOOKS is a leading business service platform in India that offers end-to-end GST services. We have helped thousands of business owners to get GST registration, as well as file GST returns, LUT, GST cancellation, GST modification…

Why SIMBLEBOOKS for GST CANCELLATION?

Filing GST CANCELLATION takes around 1 to 3 working days subject to the availability of the government portal and the submission of documents by the client.