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Cancellation of GST Number in case of Composition Dealer

This query is : Resolved 
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(Querist)
11 June 2021 Dear sir,
If Composition dealer want to cancel his GST Number Because his Turnover is Below Threshold Limit So in That case Whether Taxable Person is Required to Pay Amount @1% on stock which is held as on date of Cancellation ? and Any Closing Stock Details need to Be mentioned in while filling for cancellation?
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
19 June 2021 no not required as composition dealer is not allowed to tax input tax credit.
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