Cancellation of GST Registration

Registration 148 views 7 replies
Dear friends

Firstly Raksha Bandhan greetings to all.

My doubt is, I have not filed GST returns from March 2018, would like to cancel my registration without paying any late fee/interest/penalty, if possible.

Is it possible to cancel registration without paying any late fee/penalty?
Replies (7)
As per Law, when a person cancels his registration then he has to file return until and unless the department accepts the cancellation request.

But as in the last GST Council meeting it was changed that a person after filing the cancellation requeat, no need to file returns.(But no notification has been issued yet)

Also there is provision to file cancellation within 30 days of closure of business.

So considering all the above, firstly you will have to sell the whole stock or pay tax on the balance closing stock and after that you can apply for cancellation.

In my point of view, you have to file returns and it will ask for late fees also, then within 30 days you can cancel the registration.

If I am wrong, then pls rectify me
No its not possible... you have to file & deposit all your statutory dues clear before cancellation
Thank you for your prompt response.
Yes, you have file your returns up-to-date in order to cancel the gst registration.
In case If there are no business activities done till now, then ?
File nil returns for no business activities.
I mean, if there are no business activities till now, without filing nil returns, gst can be cancelled without paying nil return late fees ?


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