GST Cancellation
Request Quotation / Callback from GST Experts
Starting From ₹2,499*
How does it work?
Fill Up the Form
Fill the above form and press submit
Talk With Experts
Our Tax Expert will reach you shortly
Get your work done
Get your GST Cancellation Done
Overview - GST Cancellation
The registration granted under GST can be cancelled for specified reasons. The cancellation can either be initiated by the department on their own motion or the registered person can apply for cancellation of their registration. In case of death of registered person, the legal heirs can apply for cancellation.
When Is Legal GST Cancellation India Is Legal Enforced ?
Non-filing of GST Returns
If a regular scheme registered individual has not filed GST returns for 6 months in a row.
Filing of Composite GST Returns
If a composite scheme registered person has not filed GST returns for three months in a row.
No business activity
If someone has registered for GST under a business name but hasn’t done any business in the six months following the date of registration.
Unlawful GST Registration
If someone has registered for GST under false pretences, his GST Certificate will be revoked immediately and retroactively.
Non-payment of GST.
If the taxpayer is proven to be evading GST, his GST Certificate will be revoked as a result of the appropriate legal action.
Flout of norms
If a GST registrant violates any regulations or requirements, he shall be liable to statutory GST cancellation under the CGST Act 2017.
When Do We Opt For GST Cancellation ?
Certain conditions may force a taxpayer to choose to renounce their GST registration. The following are some of the scenarios in which a tax assessee could want to use the GST cancellation procedure:
- An accidental GST registration, that can cause unnecessary GST liability.
- If the turnover of an individual is below ₹20 lakhs, and he has registered under GST, he can opt for GST cancellation.
- When a business dissolves or merges, the GST cancellation procedure is required to prevent receiving tax notices from the government.
- In case of a take-over bid, surrender of GST registration is a must or the GST tax liability will continue to arise under the previous owner’s name.
- Suppose government raises the threshold for GST registration, and you get out from its cover, you can opt for GST cancellation India.
Documents / Information Required
GST Certificates
Reason of Cancelation
Steps & Procedures
Complete Roadmap of Process of GST Cancellation service
1
Fill the above Form and make the payment
2
Our Tax expert will reach you soon after query
3
Submit or Upload The Required Documents
4
Our expert will submit FORM GST REG-16 .
5
After sub. of application,our team will provide Details.
6
your work is done and status will be marked as 'canceled'.
Frequently Asked Question
What is GST Registration?
Every person needs to get registered under GST in the state from where he makes taxable supply of goods and/or services, if his aggregate turnover in a financial year exceeds Rs.20 Lakhs.
When is GST cancellation is done by GST Authority?
There are certain circumstances in which the government can cancel a person's GST certificate-
- Non-filing of GST Returns for 6 months subsequently
- Non-payment of GST
- Violation of GST laws
- No business activity after GST registration in the 6 months subsequently.
- Non-filing of GST Returns for 3 months subsequently in case of the Composite scheme.
How can i take GST Registration if i'm already Registered in GST?
What Goods & Services have been exempted under GST
Food (such as Cereals, Fruits & Vegetables, milk, etc), Raw Materials (Raw Material, Yarn, Fiber etc), Medical Tools & Instruments (Hearing Aids, or aids used by physically challenged people), Handtools {such as Spades, Shovel, Newspapers, Books, Beehives, Human Blood, Chalk Sticks, Contraceptives, Earthen Pots, Props used in Pooja (including Idols, Bindi, KumKum), Kites, Organic Manure, and Vaccines. etc.
Services related to Agriculture, Cultivation, Harvesting, etc. Transportation Services by road or bridge. Services by RBI, Foreign Diplomatic Missions, Postal Services, etc.
Do i need to physically present for the process?
No, you do not need to be physically present for the process. Fintore India is an online catering platform, so all you need is an internet connection on your phone/computer and the necessary paperwork, and we can get the job done regardless of where you are in India.
Do you Provide this service in my town?
Customers reviews
