GST registration cancellation in Shimla

GST registration cancellation in Shimla is only possible after the taxpayer has filed all the GST returns. The applicant has to file all the overdue before the GST registration cancellation is initiated. In case if the GST holder has not filed the GSTR 1 and GSTR 3B he cannot proceed with the process of GST Registration cancellation in Shimla. The applicant is thus required to make an application in form GST REG 16 to cancel the GST registration.

Iinformation to be provided for canceling the GST registration in Shimla?

• The address of the applicant, the mobile number, and the email address
• The reason for canceling the GST registration is also to be mentioned
• The desired date to cancel the GST registration
• Particulars of the goods and the tax that is payable on the inputs, the available inputs that are the finished, semi-finished goods as well as the stock of the capital good and the plants and the machinery.
• The content of registration if the entity has been merged, amalgamated, or transferred,
• The content of the latest GST returns filing by the taxpayer along with the ARN of the particular return.

When can the GST registration in Shimla be canceled?

GST registration in Shimla can be canceled by the GST office if:

• In case the registered person has not conducted any business from the declared place of the business,
• The invoices or the bills that are issued without any supply of the Goods or the services violating the GST Act or the GST rules.
• If in caser the person is having a GST registration and has not filed the GST returns from the past 6 months.
• The officer will issue a notice to the taxpayer whose GST registration in Shimla is to be canceled, a show-cause notice within seven working days is required. The person is required to reply within the specified period or the GST registration will get canceled.

Voluntary cancellation by the registered person:

GST Registration cancellation in Shimla can be initiated by a person under the following circumstances:

• Discontinuance or closure of business
• Transfers of business, amalgamation, merger, de-merger, lease
• There is a change in the constitution of business
• If the turnover reduces below the threshold of GST registration
• Death of the sole proprietor

For any doubts related to GST registration cancellation in Shimla talk to our experts at IndiaFilings today.