GST is considered as a chief improvement in an indirect tax regime that has helped a lot of businesses.

In case, if you require to cancel GST registration as GST does not apply to you or you are closing down your business or profession. Or there might be also some lawful reason due to which you are planning to cancel your GST registration, this article will provide you a complete guide on GST cancellation.

Cancellation of GST registration means that now the taxpayer will not be allowed to be a GST registered person. He will also not have the right to pay or collect GST.

Once the GST cancellation takes place the taxpayer will not be able to pay GST anymore. There are few businesses for whom registration under the GST is important. But if the GST registration is canceled and business continues then it will mean an offence under GST and heavy fines will be levied.

If you Cancel GST registration, that  means that the Central Tax Authority abandons the GSTIN which is issued to a taxpayer who is registered under GST initially. When the taxpayer’s GSTIN is cancelled then he is no longer a registered person under GST.


Who can cancel the GST Registration?

GST registration Cancellation can be done by:

• Requested tax payer
• Tax officer
• Legal heirs in case of death of a taxpayer

Process for GST cancellation

With the help of the GST portal, all the migrated taxpayers can cancel GST registration. There are a few steps that you need to follow for cancellation:

• Open the GST portal
• Select service option
• Fill the cancellation details section
• Complete the verification details section
• Track the GST cancellation status online

Therefore, these steps can help you to easily cancel your GST registration without any hassle