Cancellation or Surrender of GST Registration
Who Should Buy
Individuals who want to cancel GST Registration
All entities who want to cancel GST Registration
Services Covered
Eligibility Consultation
Preparation of documents
Filing of Application for Surrender / Cancellation for 1 GSTIN
Filing of GSTR-10 for 1 GSTIN
Documents To Be Submitted
Acknowledgement of GST Return of the preceding month
FAQs
Can GST Registration be cancelled when Turnover is less than 20 lakhs?
Every person who was registered under old laws had to mandatorily migrate to GST. Many such persons are not liable to be registered under GST.
For example, the threshold under VAT in most states was 5 lakhs whereas it is 20 lakhs under GST. However, do make sure you are not making inter-state supplies since registration is mandatory for inter-state suppliers except for service providers.
When can I wish to cancel or surrender my GST Registration?
GST Registration is usually cancelled under following instances -
The business has been discontinued.
The business has been transferred fully, amalgamated, demerged or otherwise disposed —The transferee (or the new company from amalgamation/ demerger) has to get registered. The transferor will cancel its registration if it ceases to exist.
There is a change in the constitution of the business (For example- Private limited company has changed to a public limited company)
