5 Key Points for GST Registration Cancellation
Point 1 :-
The following people cannot file for cancellation of GST registration:
- Persons registered as Tax Deductors / Tax Collectors
- Persons to whom UIN has been allotted
Note : Person Liable for TDS /TCS under GST can not apply for cancellation of GST registration. Only GST officer can do cancellation in this case after enquiry.
Rule 12(3) of the CGST Rules, 2017 :-
Where, upon an enquiry or pursuant to any other proceeding under the Act, the proper officer is satisfied that a person to whom a certificate of registration in FORM GST REG-06 has been issued is no longer liable to deduct tax at source under section 51 or collect tax at source under section 52, the said officer may cancel the registration issued under sub-rule (2) and such cancellation shall be communicated to the said person electronically in FORM GST REG-08:
Point 2 :-
Taxpayers need to file for cancellation of GST registration within 30 days from the date from which registration is liable to be cancelled
Point 3 :-
Taxpayers cannot file for cancellation of Suo Moto registration.
However, you can file an appeal against the issuance of Suo Moto registration to you at the appropriate forum, as provided in law.
Point 4 :-
Once Taxpayers submitted the application for cancellation of registration, and ARN has been generated, then Taxpayers will not be allowed to file for amendment of Core fields.
But if Taxpayers have submitted the application for cancellation of registration, and ARN has been generated, then Taxpayers can file for amendment of Non-Core fields
Note : Core Field are :
where the change relates to,—
(i) legal name of business;
(ii) address of the principal place of business or any additional place(s) of business; or
(iii) addition, deletion or retirement of partners or directors, Karta, Managing Committee, Board of Trustees, Chief Executive Officer or equivalent, responsible for the day to day affairs of the business,-
Point No 5 :-
It is mandatory to give reasons for cancellation of registration in the Reason for Cancellation field.
Refer ” Detailed Video on How to cancel GST Registration “
How to Cancel GST Registration [Part 1 Video Tutorial]
How to cancel GST Registration [ Part 2 Video Tutorial ]
In this Video you will get answer of following Questions :-
- Whether Voluntary Registration can be Cancelled ?
- How can a registered person apply for cancellation of GST registration ?
- When can GST registration be cancelled by GST Officer ?
- What if GST is not paid and GST registration is cancelled ?
- How to Calculate GST Payable if registration is cancelled ?