VAT CANCELLATION OF REGISTRATION GUJARAT

Our firm is a registered VAT dealer in Gujarat and we need to cancel the registration. The firm is not being dissolved and we are only discontinuing business in Gujarat.

  1. Could you please confirm the process to obtain the VAT Deposit back from the Tax Department?
  2. What is timeframe for obtaining the deposit
  3. Can it be done online or do we submit a hard copy to the Tax Department?

Many thanks in advance 

Replies (2)

1) update your returns and tax payable

2) apply for cancellation of registration with reason

3) STO will make assessment on priority basis

4) if needed STO may depute inspector to verify the facts

5) STO will cancell the registration and issue refund of deposit.

You need to file the form 103 and submit the same along with the original registratio certificate. You need to follow up regularly with the department to get the assessment completed and refund the deposit.

I had bad experience in similar case.

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