GST Registration Cancellation

If the GST regulations do not apply to you, if you're closing down your business or profession, or even if the tax authority requires it, you can Cancel the GST registration. This article overviews the various cancellation of GST registration scenarios and the corresponding procedures on how to cancel GST registration online. Knowing the necessary steps and forms is essential to ensure smooth GST cancellation online. If you're seeking professional assistance for the GST registration cancellation process, IndiaFilings can help you. With our expertise and vast experience, we can streamline the process, ensuring that all requirements are met with precision and timeliness. [shortcode_67]

Definition - Cancellation of GST Registration

Cancellation of GST registration denotes that the individual or entity is no longer recognized as a registered taxpayer under GST. As a result, they are no longer obligated to collect, remit, or pay GST, nor can they claim input tax credits. Additionally, they are exempted from the requirement to file GST returns.

Who is Eligible for GST Cancellation?

Under the GST framework, both a taxpayer and an official officer have the authority to commence the process of canceling a GST registration. If an official officer deems it necessary to begin the GST cancellation online process, they can issue a show-cause notice using the GST REG-17 form.

GST cancellation Requested by the Taxpayer

The individual or entity holding the GST registration can initiate the cancellation process voluntarily if they believe they no longer need to be registered under GST or meet certain conditions for cancellation.

GST cancellation By Tax Officers

Tax officials can cancel a GST registration if they determine that the taxpayer is not complying with the regulations or if there are discrepancies in their conduct or submissions.

GST cancellation Requested by Legal Heirs

In the event of a taxpayer's demise, the legal heirs can request the cancellation of the deceased's GST registration.

Who Cannot File for Cancellation of Registration Under GST?

Tax Deductors / Tax Collectors: Those explicitly registered for deducting or collecting taxes cannot apply for cancellation.
Unique Identity Number (UIN) Holders: Entities or individuals, typically foreign diplomatic missions, UN bodies, etc., who have been allotted a UIN cannot file to cancel their GST registration. They are given the UIN to claim a refund of taxes on their inward supplies.

However, a person who obtained GST registration voluntarily cannot apply for GST Registration cancellation before the expiry of 1 year from the effective date of registration.