Initially, we just want to clarify that GST can be cancelled under some circumstances and if the authorization finds you genuine, keeping a dot won’t cause the delay. To cancel GST, you must be the person who registered it, the officer who admitted it or the legal heir in the case of the death of a person who had registered it. Go through this completely to get crystal-cut details on the cancellation of GST.
Who can help you with the cancellation of GST?
A person who registered for GST would not be allowed to cancel it without completing a financial year. It can be cancelled by the officials, but only in a few cases.
If an official member decides to cancel the GST Registration due to the violation of service or goods, he/she will be issued a notice with an in-depth annexure. In a matter of a week, if he/she shall solve it, there will be no legal issue.
GST won’t threaten you in the worst case such as closure or discontinuance of business. We will not allow you to suffer in cancelling GST for transfer of business or merge, de-merge partnership or sale or lease.
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Documents required for the cancellation
The foremost thing is the contact address with the right mobile number and the e-mail address. Then, the board director should submit the grounds of cancellation with the desired date on it., and particulars submitted on the registration. Payment of the input tax must be cleared for the stock goods and unfinished goods. Then, this document must be attached.
Final GST return
The Director whose registration get cancelled should file the final GST return Filing in form GSTR- 10 within that quarter. This act is just to ensure that the taxpayer is devoid from all the official occurrence. If the taxpayer skips this final GST return, he/she would be issued a notice in GSTR-3A. Once the taxpayer gets the notice, they should complete this process within the next 15 working days.
What should you do if the GST gets cancelled by GST officials?
If your GST registration application gets cancelled by the GST officials, you should file an application for revocation for the cancellation. This process should be done within thirty days of the cancellation.
If your GST registration gets cancelled just because of failure in filing GST return, then it would be mandatory to file an application for revocation of cancellation only when you settle the due of tax.
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