What documents are required for GST Cancellation?
To apply for GST cancellation, you need to keep the following documents ready:
- PAN card of the business or individual
- GST registration certificate
- Aadhar card of the applicant
- Proof of business closure (if applicable)
- Bank account details, such as a cancelled cheque or bank statement
- Details of last return filed (if applicable)
- Authorization letter or Board Resolution (in case of companies or LLPs)
- Address proof of the business location
- Declaration or affidavit for cancellation (in some cases)
Step-by-Step Procedure to Cancel GST Registration (For Mistaken Registration):
If you have registered under GST by mistake and wish to cancel your registration, you can do so easily through the GST portal. Here’s a simple step-by-step guide:
Step 1: Visit the GST Portal: Go to the official GST portal at www.gst.gov.in.
Step 2: Login with Credentials: Use your valid username and password to log in to your GST account.
Step 3: Navigate to ‘Application for Cancellation’: After Logging in, Go to Services > Registration > Application for Cancellation of Registration.
Step 4: Fill in the Cancellation Form: You have to fill Form GST REG-16 for the GST cancellation. Along with the form, you will need to provide the reason for cancellation and the required details, such as the date from which the cancellation is to be effective, stock details, and liabilities.
Step 5: Upload Supporting Documents: Attach all the relevant documents such as PAN, Aadhar, proof of business closure (if any), and the last return filed.
Step 6: Submit the Application: Submit the application and verify the it while using either Digital Signature Certificate (DSC), e-Sign, or Electronic Verification Code (EVC).
Step 7: Acknowledgment and ARN Generation: After submission, an Acknowledgment Reference Number (ARN) will be generated. Which will be use to track the status of GST Cancellation.
Step 8: Final Approval by GST Officer: The GST officer will review your application and issue a cancellation order (Form GST REG-19) within 30 days if satisfied.
Key Points to remember
- GST registration is not mandatory if your turnover is below ₹20 lakhs (₹10 lakhs for special category states).
- Always file all pending GST returns before applying for cancellation.
- Use Form GST REG-16 for cancellation by the taxpayer.
- The application must include a valid reason and supporting documents.
- You cannot collect GST or issue tax invoices after cancellation.
- Cancellation does not exempt you from liability for any dues or returns before the cancellation date.
- Keep the ARN safe to track your application status.
Conclusion
If you follow the correct procedure, you can easily cancel your GST registration if you registered by mistake. By meeting all compliance requirements and submitting the necessary documents, you will avoid future tax liabilities and penalties. Make sure to cancel your registration on time to stay compliant with GST regulations and streamline your business operations.
Suggested Read :
GST Cancellation for Non-Filers
Impact of GST Cancellation on Business
Restoration of Cancelled GST Registration
When and Why GST Nil Return is Necessary
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