GST Registration Cancellation

"Simplify the Process of Closing Your GST Account"

What is GST Cancellation?

a group of people standing in front of a restaurant

GST Registration Cancellation is the process through which a registered taxpayer can cancel their GST account when it is no longer required. Businesses can apply for GST cancellation due to several reasons, such as the cessation of business, transfer of ownership, change in business structure, or if the business no longer meets the threshold for mandatory GST registration.

GST registration cancellation can be initiated by

Cessation of Business

When the business has been discontinued or closed permanently.

Transfer of Business

In case of sale, transfer, merger, or acquisition, the old GST registration becomes irrelevant.

Turnover Below Threshold

If your business turnover falls below the threshold limit for GST registration, you can apply for voluntary cancellation.

Change in Business Structure

When there is a change in the constitution of the business, such as converting from proprietorship to a company or partnership, the old registration must be cancelled.

"End your GST compliance burden—cancel your GST registration with expert guidance from Care Corporates."

Avoid Unnecessary Compliance
If your business has ceased operations or no longer meets the GST registration threshold, continuing to comply with GST laws may impose unnecessary compliance costs and administrative burdens.
No More Filing Obligations
Cancelling your GST registration eliminates the need to file GST returns, pay taxes, and adhere to other GST compliance requirements.
Avoid Penalties
Failure to cancel your GST registration after business closure or turnover changes can lead to penalties, fines, and notices from the GST department.
Clear Liabilities
Proper cancellation of GST registration ensures that all tax liabilities are settled, preventing future complications or legal issues.

Why Cancel Your GST Registration?

Our Process for GST Registration Cancellation

1

2

Document Collection & Verification

We collect and review all necessary documents required for the cancellation process, ensuring that they are accurate and meet the GST department’s requirements.

Final GST Returns

We assist in filing the final GST returns and settling any outstanding tax liabilities before the cancellation process begins.

Application for Cancellation

Our team prepares and submits the GST Cancellation Application to the GST department, along with supporting documents.

3

4

Approval & Confirmation

Once the application is submitted, we monitor the status of your cancellation request and keep you informed. Upon approval, we provide confirmation that your GST registration has been successfully cancelled.