GST Cancellation
In case you want to cancel your GST registration because GST is not applicable to you or because you are closing down your business or profession. Or there is some other valid reason due to which you want to cancel your GST registration, Barrister Babu will help you with an end-to-end advisory.
To cancel a GST registration, an application must be submitted on the GST Common Portal in FORM GST REG-16 along with the required information. On submission of an application for cancellation of GST registration, the GST officer is required to verify the application and issue an order in FORM GST REG-19, within 30 days from the date of application.
Primary Reasons for the Surrender or Cancellation of GST Registration
The following are the main reasons behind the Surrender or Cancellation of GST Registration:
Requirements for Cancellation of GST Registration
The following details must be mandatorily defined by the applicant while using for Cancellation in Form GST REG-16:
Contact address which includes the mobile number & email address;
Grounds of Cancellation;
Desired date of Cancellation;
Specifications of the value & tax payable on the stock of inputs, the inputs possible in semi-finished goods, inputs available in complete goods, the stock of capital goods or plant & machinery;
Specification of the last return filed by the taxpayer along with the ARN of the particular return;
Details of Entity Registration if the present unit amalgamated, merged, or transferred.
