Home / Cancel GST Registration

Updated on 22-Nov-2019   07:20 AM GMT | 4 min read

What is Cancellation of GST Registration?

Every individual supplying goods & services in India are eligible to apply for GST registration but sometimes GST registration may be cancelled by the supplier because of the following reasons –

  1. Discontinuation of business or business closure
  2. Business transfer on account of amalgamation, sale, merger, de-merger, leased or otherwise.
  3. No requirement to pay GST
  4. Change in business constitution
  5. No business activity

Surrendering of GST registration also reduce the compliance requirements of the taxpayer as every GST registered user need to file GST on monthly or quarterly basis depending upon the turnover.

In order to cancel GST registration, applicant needs to submit form GST REG-16 on the GST portal along with the required information. After submitting the application for cancellation of GST registration, GST officer verifies the application & issues an order in form GST REG-19 within 30 days from the application date.


What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees

Who can cancel GST Registration

Cancellation of GST registration can be done by the following persons –

  1. By the taxpayer
  2. By tax officer
  3. By legal heirs (in case of death of taxpayer)

Who can file for GST Registration Cancellation?

The following persons can file for cancellation of GST registration –

  1. Existing taxpayer
  2. Migrated taxpayer whose enrolment application has been approved
  3. Migrated taxpayer who has not filed any other form after filing the enrollment application.

Who cannot file for GST Registration Cancellation?

Following persons cannot file cancellation of GST registration –

  1. Persons registered as tax deductors/tax collectors.
  2. Persons with unique identification number (UIN)

Documents Required to Cancel GST Registration

Documents required for cancellation of GST registration are as follows -

  1. GSTIN of business
  2. Details of the stock
  3. Details of pending tax liability, fines, penalty etc.
  4. Details of input tax credit

GST Registration Cancellation Forms

Forms required for GST cancellation are shown in the table below –

Form Description
FORM GST REG-16 In case of cancellation by a registered user
FORM GST REG-17 Issuing of show cause notice by the officer
FORM GST REG-18 Reply to show cause notice by the taxpayer
FORM GST REG-19 Order for dissolution
FORM GST REG-20 In order to stop the cancellation proceedings
FORM GST REG-21 Application for revoking cancellation
FORM GST REG-22 Order revoking cancellation

Procedure of GST Registration Cancellation

There are two situations in which registrations are being cancelled –

Procedure for cancellation of GST registration by the officer

The following steps are taken by the officer in order to cancel GST registration –

  • In the first step, GST officer initiates the process by issuing a show cause notice in form GST REG-17.
  • In response to the show cause notice, taxpayer needs to file a suitable reply within a period of 7 days in form GST REG-18.
  • In case if GST officer is satisfied with the response of taxpayer, GST officer issues an order in favour of taxpayer in form GST REG-20 and stop the cancellation procedure.
  • In case GST officer is not satisfied with the reply given by the taxpayer, GST officer issues an order against the taxpayer in form GST REG-19 and continue further with the cancellation process.
  • GST officer should reply to the response given by the taxpayer either in GST form REG-20 or GST form REG-19 within a period of 30 days.

Cancellation of GST Registration by the taxpayer voluntarily

The following steps are taken by the taxpayer in order to cancel the registration -

  • Go to website www.gst.gov.in & input your valid credentials.
  • Click on registration under services tab and choose option “Application for cancellation of registration”.
  • After choosing the option, Form GST REG-16 appears on the screen. You will see some auto-filled fields like GSTIN, business name & address.
  • Then, choose the cancellation reason from the drop down list.
  • In the next step, enter the stock value & the tax liability amount of the stock.
  • Then, enter the value to set-off the tax liability either from electronic cash or credit ledger or both.
  • In the next step, mention the authorized signatory name & place as well as tick the verification box.
  • Submit your form by choosing any one from the below options –
    1. Submit with DSC
    2. Submit with EVC

Revocation of GST Registration Cancellation

Revocation of cancellation of GST registration is only possible in case if it is filed at the right time. In order to revoke the cancellation, applicant needs to file an application in form GST REG-21 within 30 days of cancellation. Make sure that there will be no errors in the application before applying for revoking procedure. All dues must be paid in full & pending returns must be filed properly. If the officer is satisfied with the filed application of taxpayer, he issues form GST REG- 22 to revoke the cancellation.

How Finacbooks help in cancelling the GST registration?

Finacbooks is a leading Indian portal providing accounting, finance & taxation services to small businesses. We are having more than 10 years of experience in helping GST registered users to cancel GST registrations at a least possible price. We will guide you through the entire process of cancellation of GST registration. To avail the best deals on cancellation of GST registration, kindly call us at 8800221252 or you can also e-mail us at info@finacbooks.com

Cancellation of GST Registration FAQ’S

GST registration may be cancelled by the supplier due to the following reasons –
  1. Discontinuation of business or business closure
  2. Business transfer on account of amalgamation, sale, merger, de-merger, leased or otherwise.
  3. No requirement to pay GST
  4. Change in business constitution
  5. No business activity
Form GST REG-17 is used for issuing a show cause notice. It is issued by the officer of the GST department.
An applicant needs to file Form GST REG-21 within 30 days from the date of cancellation.
`
MEET US

What Clients Say

Customer delight is our main goal and we are very serious about it.



Prakash Verma

“Finacbooks.com is a perfect example of a great customer service dealing with the best of accountancy services.“




Praveen Chauhan

“They offered us good quality services in a least possible time at a best Price.“




Pradeep Kochhar

“Finacbooks.com is a trusted network of highly qualified accounting professionals who not only provided us quality accountancy services but also supported us by answering our each & every query on time without any delay. “


Informational, useful and resourceful

Blogs

Catch up our trending topics, news etc. in a simple, detailed and most professional way.

Section 80D: Income Tax Deduction for Medical Insurance & Health Checkups
05 Dec, 2019

Section 80D Section 80D allows you to claim deduction on money spent as premium on health insurance policy and health care of your family... Read More

Section 80DD: Income Tax Deduction for Disabled Person Medical Treatment
30 Nov, 2019

Section 80DD Under section 80DD of the income tax act, any resident individual or HUF can claim tax deduction for the medical treatment... Read More

Section 80DDB: Income Tax Deduction in Respect of Medical Treatment of Specified Diseases
27 Nov, 2019

Section 80DDB Section 80DDB of the income tax act defines tax saving provisions for individuals that helps them in covering the expenses... Read More

CONTACT US

We Are Everywhere

We are having a wide network operating all across India as well as Internationally.

Contact Us


30+ Offices in
India

10+ Years Experience

Save Your
Time

Quick Turn around Time

Qualified Professionals

Excellent Customer Service