Sakshi Shah
Cancellation of GST Registration means the GST Number or GSTIN of a registered taxpayer becomes inactive. The taxpayer will not have to pay or collect GST or file returns, after the cancellation of Registration.
A tax officer may initiate cancellation of registration in the following cases.
A registered taxpayer may initiate the cancellation of registration on the GST Portal in the following cases.
The legal heirs can file for cancellation of registration of the proprietorship firm in case of death of a sole proprietor. The taxpayer or legal heir can cancel GST Registration by filing Form REG-16 on the GST Portal.
Go to the GST Portal and login using a valid username and password.
Navigate to the option ‘Application for Cancellation of Registration’ under the tab Services.
The cancellation form comprises of 3 tabs – Basic Details, Cancellation Details and Verification.
Under the first tab of Basic Details, enter the following:
a. Address of future correspondence,
b. Mobile Number,
c. Email Address.
Under the second tab of Cancellation Details, select the reason for cancellation from the drop-down. For each reason selected, enter additional details as mentioned in the table under next topic.
Under the last tab of Verification, select the name of authorised signatory from the drop-down and enter the place of declaration. Submit the application using DSC or EVC.
A success message is displayed on the successful submission of the application.
To track the status of the ARN, go to Services > Registration > Track Application Status.
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Reason for cancellation |
Additional details required |
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Change in constitution of business leading to change in PAN |
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Transfer of business on account of amalgamation, merger, demerger, sale, leased or otherwise |
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Ceased to be liable to pay tax |
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Discontinuance of business / Closure of business |
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Others |
1. The taxpayer will not have to pay GST anymore
2. For certain businesses, registration is mandatory. If the registration is canceled and business still continues, it will be considered as an offense and heavy penalties will apply.
In the case of a voluntary registration, the taxpayer can apply for cancellation only after the expiry of one year from the date of registration.
In order to change the details of your registration, you need to visit the GST official portal. Go to Services > Registration > Amendment of Registration Non-Core Fields. Select the desired tab and make the necessary changes.
Hey @HarshitShah
GST Registration is the application for GST Number or GSTIN(GST Identification Number). Under the GST(Goods and Service Tax) Regime, it is mandatory for to have GSTIN to collect, pay GST and claim the Input Tax credit.
For GST registration, the dealer has the following options:
Voluntary Registration: The business does not have the liability to register under GST, however, can apply for GST Registration. This usually is when the businesses are willing to take advantage of the Input Tax Credit facility
Registration under Composition Scheme: Composition scheme is a voluntary and optional scheme for registering under GST. Under the composition scheme, the compliance is simpler and lesser returns are to be filed. The tax is to be filed at a fixed rate. If the business turnover is in between INR 40 Lakhs and 1.5 Crores, they can opt for GST Registration under Composition Scheme
No Registration: In the case, when your business does not fall under the conditions for compulsory registration you do not require GST Registration
Hope this helps!