Overview

The taxpayers will no longer be a registered person under GST and will not have to pay/collect any GST, claim an input tax credit or file returns. It can either be initiated by the department on their own motion or the registered person can apply for cancellation of their registration.

Reason for Cancellation

• A person registered under any of the existing laws, but who is not liable to be registered under the GST Act.
• Business has been discontinued, transferred fully for any reason including death of proprietor, amalgamated with other legal entity, demerged or otherwise disposed of.
• There is any change of constitution of the business.
• A registered person has contravened such provisions of the Act or the rules made there under.
• A person paying tax under Composition levy has not furnished returns of three consecutive tax periods.
• Any registered person, other than a person paying tax under Composition Levy has not furnished returns for a continuous period of six months.
• Any person who has taken voluntary registration under sub sec – (3) of sec 25 has not commenced business within six months from the date of registration.
• Registration has been obtained by means of fraud, wilful misstatement or suppression of facts.

Information needed for cancellation of GST registration

• Contact address, which includes the mobile number and e – mail address.
• Grounds of cancellation.
• The desired date of cancellation.
• Particulars of the value and tax payable on stock of inputs , inputs available in semi – finished goods, inputs available in finished goods, the stock of capital goods/plant and machinery.
• Details of registration of entity if existing unit merged, amalgamated, or transferred.
• Particulars of the latest returns filled by taxpayer along with ARN of particular return.