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Cancellation of GST number is now very simple with an online process. It is completely online, so you need not to appear physically for cancellation. You can get your GST number cancelled without leaving your home. We, Startup Club India provide excellent service to entrepreneurs with all documentation procedures.
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Cancellation of GSTIN

An Overview - Cancellation or Surrender of GST Registration

For specific reasons, the GST registration issued can be revoked. The department may begin the cancellation on its own, or the registered individual may apply for cancellation of their registration. The legal heirs of a deceased individual can seek for cancellation of the registration.

There is a provision for revocation of the department's cancellation if the registration has been cancelled. When a person's registration is cancelled, he or she must file a return known as the last return.

Checklist for Cancellation of GST

When filling out Form GST REG-16 for Cancellation, the applicant must provide the following information:

  • The contact information, which includes a phone number and an email address.
  • Cancellation Reasons.
  • The desired Cancellation Date.
  • The value of the stock of inputs, the inputs used in semi-finished goods, the inputs used in finished goods, and the stock of capital goods/plant and machinery, as well as the tax paid on them.
  • Information about the entity's registration if the current unit is merged, amalgamated, or transferred.
  • Specifications of the taxpayer's most recent return, including the ARN for that return.

Reasons for GST Cancellation

For the following reasons, your registration may be cancelled:

  • A person who is already registered under another law but is not required to register under the GST Act;
  • The business has been closed, fully transferred for any reason, including the proprietor's death, amalgamated with another legal entity, demerged, or otherwise disposed of;
  • There is a change in the organization's structure;
  • The taxable person (except for those who have voluntarily registered under section 25(3) of the CGST Act, 2017) is no longer required to be registered;
  • A registered person has broken the Act's or its rules;
  • A taxpayer who is subject to the Composition Levy has failed to file returns for three tax periods in a row;
  • Any registered person who is not a Composition levy payer has failed to file returns for a period of six-month period continuously;
  • Any person who has registered voluntarily under section 25(3) has not started a business within six months from the date of registration;
  • Registration was obtained through deception, willful misrepresentation, or suppression of facts.

Revocation of Cancellation of GST

A registered person can submit an application for revocation within 30 days from the date of service of the order of cancellation if proper officer cancelled the registration (Suo Moto) due to the following reasons:-

  • Contravened provisions of the Act or the rules made there under.
  • Composition dealer has not furnished returns for three consecutive tax periods.
  • Any taxable person has not furnished returns (other than composition) for a continuous period of six months.
  • The voluntarily registered person has not commenced business within six months from the date of registration.
  • Registration has been obtained by means of fraud, willful misstatement, or suppression of facts.

Why Startup Club India?

Cancellation of GST number is now very simple with an online process. It is completely online, so you need not to appear physically for cancellation. You can get your GST number cancelled without leaving your home. We, Startup Club India provide excellent service to entrepreneurs with all documentation procedures.

❏ We will assist you at every step on cancellation of GSTN.

❏ We make hassle free process of cancellation of GSTIN.

❏ You are welcomed for any guidance or help on cancellation of GST such as:

  1. Computation of closing Input tax credit
  2. Preparation of Stock summary
  3. Filing and submission of cancellation application
  4. Submission of Final Return

FAQs on Cancellation or Surrender of GST Registration

GST Registration can be cancelled by any taxpayer who is no longer needed to file GST return.
A registered person can submit an application for revocation within 30 days from the date of service of the order of cancellation if proper officer cancelled the registration (Suo Moto).
No, all the pending returns must be filed before cancellation.

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