Goods & Service Tax

GST REGISTRATION CANCELATION: 

About
Cancelation of GST Registration means permanent closure of GST Registration. Before applying for GST registration cancellation, the taxpayer is required to file all the GST returns. If non-compliance concerning GSTR-3B return or GSTR-1 or GST annual return, the overdue must be filed before initiating the GST cancellation process. Before applying for GST cancellation, the applicant must pay all the overdue GST liability. In addition to this, the input tax contained in the stock of inputs, semi-finished goods, finished goods, and capital goods or the output tax liability of such goods, whichever is higher, must be remitted by the taxpayer. The input tax credit on the existing stock must be paid back, as the taxpayer will not be eligible to claim ITC on cancellation of GST registration. The final GST payment can be made through GST electronic credit or cash ledger. The final payment can also be made during the submission of the filing of the final GSTR-10 return. In some cases, the concerned Officer may refuse to reject the application if : 

• The submitted application is incomplete. 
• In the transfer, merger, or amalgamation of business, the new entity has not registered with the tax authority before applying. 
• In such circumstances, the concerned Officer provides an intimation in writing to the applicant regarding the discrepancy's nature. 
• The applicant is required to respond to the same within seven days of the date of receipt of the letter. If the applicant fails to do the same, he may reject the application after providing him/her with an opportunity to be heard. If there is no business activity after obtaining GST registration, the taxpayer needs to initiate the GST cancellation as per the process laid out. If the taxpayer stops filing the GST returns and lets the GST registration be canceled, then he cannot obtain another GST registration under the same PAN. If the government cancels a GST registration, the taxable person will first apply for revocation of the GST registration cancellation by paying all the late fees. After restoration, cancel the GST properly or continue filing GST returns. 

Cancellation of GSTIN is of two types.

1. Cancellation by the Proper Officer Suo-moto. 
2. Voluntary Cancellation by the Registered Person.

 
GST Registration Cancellation by the Proper Officer on his Own Motion: The proper officer may cancel the registration from a date, including any retrospective date, in the case when – 

• the registered taxable person has contravened such provisions of the Act or the rules made thereunder as may be prescribed; or 
• a person paying tax under the Composition Scheme has not furnished returns for three consecutive tax periods; or 
• any registered person who has not furnished returns for a continuous period of six months; or 
• any person who has taken voluntary registration and has not commenced business within six months from the date of registration; or 
• does not conduct any business from the declared place of business; or 
• issues invoice or bill without supply of goods or services in violation of the provisions of this Act, or the rules made thereunder; or 
• violates the provisions of Anti-profiteering, or 
• where registration has been obtained by means of fraud, willful misstatement, or suppression of facts. 

GST Registration Cancellation on Voluntary Application: A registration granted can be canceled by the proper officer on application by the registered person when – 
• the business is discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of; or 
• there is any change in the constitution of the business; or 
• the taxable person is no longer liable to be registered under sections 22 or section 24, or 
• intends to opt out of the registration voluntarily. 

## There may be complex things that occur during the registration process which is a time-consuming and lengthy process. The legal language of these forms is complex in nature. The government Portal and its functionality are in itself quite challenging. The support of professionals and experts can save your precious business time.
 
Our COMPLIANCE expert, having expertise in all such kinds of matters, will resolve all problems about registration & compliance and will save your precious time and Money. 

Working Process: 
>Choose your Plan and Pay Securely. 
> Upload required document 
> An expert will be assigned to you for the procedure of submission of the application. 
> Our Expert will complete the process required for your work along with the necessary assistance over a call during business hours. 

BASIC PLAN: 
Assistance in Cancelation of GST Registration. Cancelation of GST Registration, 
Service Fees: 3499/- excluding government Fees. 

Law Compliances can help you in obtaining of cancellation of GST Registration in 4-7working days.

** ** Time taken for Incorporation/ Registration will depend on the submission of the relevant documents by the client and also approval from the CONCERNED Government authorities. ***