Use our online services and download our forms, publications and guides. Search search Launch search. Learn More. The following are some of the situations in which registration may be cancelled: The registrant is a small supplier. An individual or an organization that is not a corporation ceases to carry on commercial activities, or sells the business. The registered entity therefore ceases to exist. An individual dies. A partnership is dissolved. An organization that is a legal person ceases to exist.
A person's legal status changes. For example, a person may cease to make taxable sales , but continue to carry on a business that makes exempt sales. Print Share. For all. GST Registration can be cancelled by any person who is no longer required to file GST Return if either his annual turnover is below the exemption limit or the taxpayer is no longer liable to be a registered person or any other reason explained below. Circumstances when a taxpayer can file for cancellation of GST Registration.
Any person who comes under the following circumstances can file for cancellation of GST. The migrated taxpayer, if the application of enrollment has been allowed. The migrated taxpayer, if not filed any other form after filing an application of enrollment. Officer, either on his own or on an application filed by the registered person or legal heir after his death. Persons registered as tax deductor or tax collectors.
The cancellation application once applied is to be processed by the GST authorities. Once they are satisfied with the application, they would issue a cancellation order stating the effective date of cancellation. It might take a few months in the process. However, the cancellation order is made effective retrospectively from the date of application. Should we still file the GST returns in the transition period? As it takes some time to get the cancellation order, the question arises, whether we should file the returns for the transition period.
So, taxpayer would be the best person to decide, if the returns should be filed or not. Revocation of cancellation of GST means that the application of cancellation of registration has been reversed and the registration is still valid. Revocation of cancellation is applicable only when the tax officer has cancelled the registration of a taxable person by his own. Such taxable person can apply for revocation of cancellation within 30 days from the date of cancellation order.
Disclaimer: The above post is only for the purpose of academic discussion and should not be construed as any legal opinion in any matter whatsoever. I have gst from jan 21st for my cafe. Im sure i wont cross 40L annual turn over this year, can i stop collection gst and file nill from coming month on wards?
Or will i have to wait unit march to do the same. Could you please advice. This is applicable only when the tax officer has cancelled the registration of a taxable person on his own motion. Such taxable person can apply to the officer for revocation of cancellation within thirty days from the date of the cancellation order.
Note: Application for revocation cannot be filed if the registration has been cancelled because of the failure to file returns. To know more about GST registration and other information, please refer to our various articles. Thank you for your response. Our experts will get in touch with you shortly. Updated on : Oct 21, - PM 08 min read. Start Matching. Was this article helpful? Have a query?
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