if my annual turnover is below 2cr then can I cancel my gat no or not.
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Quick Summary
If your annual turnover is below ₹2 crore, you might be wondering if you can cancel your GST registration. While you cannot directly cancel your registration if your turnover exceeds certain limits (₹40 lakh for goods, ₹20 lakh for services in the previous year), you can apply for closure of registration under specific conditions.