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GST cancellation or GST surrender
The taxpayer or the authorities may cancel a GST registration for any reason at any time. Following cancellation, the taxpayer no longer qualifies as a GST-registered individual, and the GST Act’s rules are no longer applicable. The taxpayer is released from filing GST returns and adhering to GST laws upon successful cancellation.
(1) Voluntary Cancellation (2) Cancellation by Departmental Authorities
Cancellation of GST can be initiated by taxpayer or by departmental authorities. If the taxpayer apply for cancellation GST registration it can be termed as voluntary cancellation. And if it is initiated by departmental authorities then it can be termed as by DEPARTMENTAL AUTHORITIES.
In the following circumstances, a taxpayer may request GST cancellation:
To cancel the registration, the taxpayer must file an online application with their jurisdictional range officer after clearing all pending GST dues and filing the necessary GST returns.
A written explanation must be given by the jurisdictional official prior to cancelling a taxpayer's GST registration. A chance to present their case is given to the taxpayer prior to the final cancellation order being issued.
Some common reasons for cancellation by authorities include:
