How to cancel GST registration?

The Indian government's GST Portal has established a straightforward, step-by-step process to completely cancel the GST registration of relocated taxpayers using a newly introduced function, so cancelling a GST registration is not a difficult task. So here’s a guide on how to cancel GST registration online.

What is the process of cancellation of GST registration?

1) Access the website by going to the GST website's official page -

https://www.gst.gov.in

2) A dropdown menu will appear. Under Registration, there is a choice for Application for Cancellation of Registration.

3) After selecting "Application for Cancellation of Registration," three sub-headings will appear.

• Basic Details

• Cancellation Information

• Verification

4) After entering all the essential data, click "Save and Continue." Select "Same as the above" if the address for future correspondence and that of your firm are the same.

5) Specify the reason why the GST registration was cancelled. The following options will be shown to you should you want to cancel your GST registration.

• Changes to the business's organisational structure that affect PAN

• Stopped being subject to taxation

• Business shutdown or a decline in sales

• Transfers of a business due to a merging, separation, sale, lease, or other events

• Single owner died

6) Details needed to complete the cancellation form

• Address, email address, and mobile number on file

• The most preferred date to cancel GST registration and the cause for cancellation

• Information of the latest return the person submitted

• The GST registration information of the new organisation is provided when a previous unit is Combined, demerged, transferred, etc.

• Information on which tax is due, including

• The supply of raw materials and capital resources for semi-finished and completed commodities.

7) Following the submission of the cancellation reasons and other data, a "verification" choice will appear.

8) State the place and approver's name where the declaration will be submitted. An OTP will be made as a result of this stage.

9) Depending on the signatory, pick the proper submission choice. In the case of a firm or LLP, for instance, a DSC is necessary for verification. This will help you with the GST registration cancellation process.

I hope you understood how to cancel GST registration.