Cancellation of GST registration

Regular or composition dealer?

Regular registered person

Cancel online ... under registration tab , select cancel registration (form Reg16)

If you are have closing stock have to deposit tax on the same .

1. You have to reverse the ITC on closing stock and capital goods from the electronic credit ledger and balance should be paid in cash while filing application for cancellation.

2. If your place of business is rented place then while applying cancellation, details for future correspondence address should be different from the principle place of business.

3. All returns should be filed till the effective date of cancellation.

Dear mohit sir

while filing application i need to reverse the itc on closing stock or while filing annual return gstr 10 we need to reverse that sir,?

At any time you can reverse it.

It is better to reverse while filling application otherwise department will not approve the application.

k mohit sir
tqsm

yes only due payments of tax and cancellation fees need to pay on this process.

Yes Mr mohit is correct as per current scenario , your registration will not get aprroval for cancellation if Any liabilities is pending. But ... as per Amendment Act 2018 (31) dtd.29.8.2018, can reverse ITC on stock by filing final return GSTR 10 as the provision of Act is not notified yet hence currently have to clear all your liabilities while cancellation process only