Hello Everyone, I hope you all are doing great. Here I am back with a common questioned being asked by many of us regarding cancellation and revocation process of GSTIN.
In this article we
will understand the detail information about cancellation of GSTIN and procedure
to revoke cancelled GSTIN.
What is
cancellation of GSTIN Registration :-
Cancellation of GSTIN refers to a
registered GSTIN will not be under GST and GSTIN is invalid for further use, dealer
can not collect any GST amount on invoice.
Once GSTIN is
canceled registered dealer is not allowed to pay and GST liability as well.
In case of GSTIN
is cancelled then Tax
Payer is not liable to pay GST anymore.
Tax
Payer is not allowed to collect GST amount on invoice
· In
such case if GST is still being collected then business should be liable to
heavy penalty and fines.
Who can cancel the
GST registration?
GSTIN can be cancelled
by any of the following
· *Tax
Payer himself
· *GST
Tax Officer
· *Legal
Matter (Court Order)
Cancellation
of GSTIN by Tax Payers :-
*A Tax Payer can cancelled his GSTIN in following
cases
· *When
he intends to discontinue business
· *When
turnover does not cross specified limit
· *Any
other reason if any
·
Other
cases where there is Voluntary GST registration as per law and cannot cancel
GSTIN before completion of 1 year.
In such case where
Tax Payer intend cancel GSTIN he should submit FORM-29 at GSTIN Portal
once GST Officer find all satisfactory
ground then can be proceed and order for cancellation of GSTIN
Following are
steps to cancel GSTIN
Step 1- Login with
your credential on GSTIN portal
Go to
>> Services >> At bottom you
can see Application for cancellation of Registration
Step 2- You need
to fill the details as below >> You need to mention proper reason for
cancellation and after completing form you need to verify it by OTP or digital
signature
Please note that
once application submitted can not be revised.
Cancellation by
Government GST Tax Officer :- Tax
officer can cancelled GSTIN on following grounds
· * If
GST Return not filled more then 6 Months
· *Dealer
does not operate business from declared place of business
· *Issue
invoice without movement of Goods or rendering services (Violation of
Compliances)
· *Anti-profiteering
provisions where dealer does not passing benefit of ITC to end consumer.
*Procedure of cancellation of GSTIN by Tax officer
·
I If any above ground has been noted by Tax officer then
office issue a show cause notice to Tax Payer FORM REG-17
·
Tax payers must reply within 7 Days after receiving
show cause notice FORM REG-18
· In case of proper reply by Tax Payer officer will drop
the proceeding to cancel GSTIN by
passing an order in FORM REG-20
· In case of reason is not at satisfactory level then
order of cancellation will be issue in FORM
REG-19 by officer within 30 days
after reply of show cause notice.
Revocation of cancelled GSTIN
Revocation of GSTIN can be
done only in case where GSTIN is being cancelled by GST Tax officer within 30
days after passing order of cancellation
If Tax Payers intend to revoke
cancelled GSTIN he can simply do it by following procedure
·
Tax Payers need to submit REG-21 on GSTIN portal by
login with credential.
· It can be submitted within 30 days
· You need to mention and give satisfactory reason for
revocation of GSTIN
· If Tax officer found proper reason can issue FORM
REG-22 within 30 days after receipt of
application
·
Tax officer can reject application if ground is not
proper and satisfactory. Rejection can be
communicated in FORM-5.
· Before rejecting application, officer should issue
show cause notice within 30 days in FORM
REG-24
In case of GSTIN is being
cancelled due to failure of GST Return. In such case before
application of
revocation Tax Payer should clear all his due and file pending GST Return. Once
all liabilities and dues are clear then application can be filed by Tax Payer
online by following
above process.
I hope you have understand the
concept in most easy and simple way. Do not forget to share your feedback on gstintally786@gmail.com


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