GST registration can be cancelled at anytime due to various reason. You can easily cancel a GST registration online through Taxhills

Docments Required for GST Registration Cancellation

GSTIN

The GSTIN of the business to be cancelled.

Stock Details

Details of inputs held in stock or inputs contained in semi-finished or finished goods held in stock and of capital goods held in stock on the date from which cancellation of registration is sought.

Tax Liability

Details of any pending GST liability, fines, penalty, etc., .

Tax Credit

Details of any GST payment, made against such liability and details of input tax credit.





Cancel GST Registration

Most persons or entities who supply goods and/or services in India have a GST registration. After obtaining GST registration, sometimes a GST registration may need to be cancelled. Some of the most common reasons for cancellation of GST registration are closure of business, no requirement to pay GST, transfer of business, change in constitution and no business activity. Surrendering a GST registration will reduce the compliance requirement for the taxpayer, as GST returns would not longer have to be filed monthly. To cancel a GST registration, 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.