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cancellation of GST

sachin (Manager) (60 Points)

22 May 2018

I am mutual fund Advisor, my income less than 20 lakh, Can I cancel GST registration. I fill IGST

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10 Replies

RAJA P M ("Do the Right Thing...!!!") (127355 Points)
Replied 22 May 2018

I think Yes...

Ravi SADhiyan (Practice) (4510 Points)
Replied 22 May 2018

Originally posted by : sachin
	I am mutual fund Advisor, my income less than 20 lakh, Can I cancel GST registration. I fill IGST

Yes

sachin (Manager) (60 Points)
Replied 22 May 2018

but gst officer not cancelled, they say IGST not cancelled

RAJA P M ("Do the Right Thing...!!!") (127355 Points)
Replied 22 May 2018

Are You have any Liability...?

sachin (Manager) (60 Points)
Replied 22 May 2018

no all return filed till April-18

Vinod Babu (24191 Points)
Replied 23 May 2018

Yes you can cancel your registration if below 20 lakhs.
If you are registered gst on voluntary basis, the registration can be cancelled after 1 year from date of registration date.

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sachin (Manager) (60 Points)
Replied 23 May 2018

But sir GST portal accept cancellation request,

Vinod Babu (24191 Points)
Replied 23 May 2018

Yes of course, gst portal will accept the cancellation request.

Kindly check the status of your cancellation request with ARN whether it is approved or pending for processing.

Ravi SADhiyan (Practice) (4510 Points)
Replied 23 May 2018

Originally posted by : sachin
	but gst officer not cancelled, they say IGST not cancelled

This process of cancellation could be initiated by tax official, if registered person has contravened such provisions of the act or the rules made thereunder as may be prescribed or Composition person has not furnished returns for three consecutive tax periods or in other cases as mentioned in Section 29 of the CGST Act, 2017