Cancellation of registration

sujith kumar dasa

banglore

1496 Points Posted on 24 February 2018

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

Sumit Sarswat

Student

3154 Points Posted on 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 ]

Sumit Sarswat

Student

3154 Points Posted on 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 Posted on 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.

CA Naveen Chand

Chartered Accountant

12739 Points Posted on 24 February 2018

now u can cancel the registration if taken as voluntary registration

Sumit Sarswat

Student

3154 Points Posted on 24 February 2018

Thanks a lot for updating me @ Vamsi krishna

vamsi krishna

Article Assistant

268 Points Posted on 24 February 2018

My pleasure @ Mr. Sumit Saraawat Sir.

Shivam RC

Student

23693 Points Posted on 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.