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Gst registration cancellation

This query is : Resolved 
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(Querist)
11 July 2019 A person is gst registered. Last FY turnover is 25 Lakhs. Current FY Turnover estimated is 20 Lakhs. From Apr-19 GST Limit enhanced to 40 Lakhs. Is gst applicable in current FY ? or can we cancelled GST Registration because turnover will not cross 40 Lakhs.
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
11 July 2019 You can cancel subject to conditions laid down in notification.
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