A proper officer under the GST may consider it necessary to
do so, either by filing a petition filed by a registered person or by filing a
petition filed by a registered legal successor of the registered person.
It should be noted, however, that once a person has
voluntarily received GST registration, he or she will not be able to apply for
cancellation of GST registration before the expiration of one year from the
effective date of registration.
The most important part of the cancellation of the
registration, the officer will issue a notice to the person whose GST
registration is to be canceled, such as the need for the show within seven
working days from the date of the service of the registration notice, why the
GST registration should not be canceled. . Registered people can respond to
show because notifications within a specified time or GST registration can be
canceled.
GST Cancellation or Suspension of
Registration (Section 29)
1- The appropriate authority may revoke the registration, in accordance with the law, in the event of such a person's death or by an application filed by the registered person or by his or her legal successor, in the event that such person dies:
- The business has been shut down,
with the death of the owner completely removed for any other legal reason,
merged with other legal entities, disbanded or otherwise disbanded; Or
- There is no change in the
constitution of the business; or the taxpayer is no longer liable to be
registered under section 22 or section 24, except for a person registered under
sub-section 3 of section 25.
2- The appropriate authority may cancel the registration of
a person from that date, including any retrospective date, as he deems fit,
where:
- The registered person has violated
such a person or the law contained therein.
- Under section 10, the taxpayer has
not returned for three consecutive tax periods.
- No registered person, other than the
person specified in the section, has made a return for months in a row.
- Any person who has voluntarily
registered under sub-section (3) of section 25 has not started a business
within six months from the date of registration.
- Registered by fraud, intentional
misrepresentation, or suppression of information.
3- GST Cancellation of registration under this section shall not
affect the liability to pay taxes and other charges under this Act or to assume
any liability under this Act. Whether or not such rules and other charges are
determined before or after the date of cancellation of the rules made there for
any period prior to the date of cancellation.
4- GST Registration cancellation under the State Goods and
Services Tax Act or the Union Territory Goods and Services Tax Act shall be
deemed to have been canceled in this case.
5- Each registered person whose registration has been
canceled will pay the same amount as the input tax on the stock and the input
tax on the semifinals through the debit on electronic credit laser or
electronic cash laser. Stock or capital goods or finished goods stored in plant
and equipment are subject to the outgoing tax to be paid on the day preceding
the date of such cancellation or on such goods, which are more, in the
prescribed manner:
There is a requirement that in the case of capital goods or
plants and equipment, the taxpayer will pay the same amount as the input tax
credit on the said capital goods or plant and equipment, which will be deducted
from the target percentage or tax. According to Section 15, the transaction
value of such capital goods or plants and machinery, this is higher.
6- The amount shall be calculated in the prescribed manner
as per sub-section (5).
Process of GST Registration cancellation (Section
30):
1- Cancellation of registration certificate will be canceled
Canceling a registration certificate means that the decision
to cancel the registration has been reversed and the registration is still
valid.
2- Cancellation of registration certificate
applies at any time
This applies when the tax authority cancels the registration
of taxable persons in its approach. Such a taxable person may apply to the
authority for cancellation within thirty days from the date of the cancellation
order.
3- Deadline for withdrawal
Any registered taxpayer can apply for GST registration
within 30 days from the date of service of the order to cancel GST
registration.
4- Application for Withdrawal
Applications for FORM GST REG-21 must be submitted by the
registered person directly or through a facility informed by the Commissioner
for cancellation of GST registration.
Forms for Process of cancel GST Registration under GST
rules:
Applicants must submit an application for cancellation under
FORM GST REG 16. The legal successors of the deceased taxpayers will follow the
following procedure:
- The application for cancellation
must be made in FORM GST REG 16
- The following details must be
included in FORM GST REG 16.
1- Details of the input,
half-finished, finished items kept in stock on the day the registration is
canceled.
2- It is responsible.
3- Details of payment
- Canceled by a registered person -
Form GST REG 16.
- Issue cause notice for
cancellation - Form GST REG 17.
- Answer to show cause notice - Form
GST REG 18.
- Order for Cancellation - Form GST
REG 19.
- To cancel the cancellation process
- Form GST REG 20.
- Explanation Form to have processed
- Form GST REG 18.
- Application for cancellation -
Form GST REG 21.
- Order to withdraw cancellation -
Form GST REG 22.
