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Cancellation of registration

CA.ANSHUL AGARWAL (PRACTISING CHARTERED ACCOUNTANT) (30 Points)

24 February 2018

I made a voluntary registration of GST and now wanted to cancel the same.
please guide how to cancel

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8 Replies

sujith kumar dasa (banglore) (1496 Points)
Replied 24 February 2018

Yes, you can your registration online, the facility is recently started in GST portal

Sumit Sarswat (Student) (3154 Points)
Replied 24 February 2018

if you registered voluntarily than there is no option to go back (i.e. cancelation) upto 1 year from effective date of registration.
[ Sec. 29(1)(c) read with rule 20 of registration ]

1 Like

Sumit Sarswat (Student) (3154 Points)
Replied 24 February 2018

Also if you are a registered person than you have to file return periodically otherwise you have to pay penalty.

vamsi krishna (Article Assistant) (268 Points)
Replied 24 February 2018

Mr. Sumit saraswat sir,

am agree with your contention, but the proviso to aforesaid rule is ommitted by Notification No. 3/2018 – Central Tax dated 23-01-2018. So inview of aforesaid ammendement, i here by opinion that, we can cancel the registration by filing GST REG-16.

Thanks to all.

2 Like

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 24 February 2018

now u can cancel the registration if taken as voluntary registration

Sumit Sarswat (Student) (3154 Points)
Replied 24 February 2018

Thanks a lot for updating me @ Vamsi krishna

vamsi krishna (Article Assistant) (268 Points)
Replied 24 February 2018

My pleasure @ Mr. Sumit Saraawat Sir.

Shivam RC (Student) (23683 Points)
Replied 24 February 2018

Form GST REG 16 is now available for the cancellation of GST registration.
So now, the voluntary taxpayer (who have registered after 1st July 2017) will not have to wait for 1 Year for cancellation of their registration.