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Contact to our gst expert for gst surrender, cancel gst registration process at GST Suvidha Center. A taxable person whose GST registration is canceled or surrender has to file a return in the form of GSTR-10.
A taxable person whose GST registration is cancelled or surrendered has to file a return in the form of GSTR-10. This return is called a final return.
Most persons or entities who supply goods and/or services in India have a GST registration. After obtaining GST registration, sometimes a GST registration may need to be cancelled. Some of the most common reasons for cancellation of GST registration are a closure of business, no requirement to pay GST, transfer of business, change in the constitution and no business activity. Surrendering a GST registration will reduce the compliance requirement for the taxpayer, as GST returns would no longer have to be filed monthly.
To cancel a GST registration, an application must be submitted on the GST Common Portal in FORM GST REG-16 along with the required information. On submission of an application for cancellation of GST registration, the GST officer is required to verify the application and issue an order in FORM GST REG-19, within 30 days from the date of application.
The Act certainly provides freedom to a taxpayer to apply for cancellation of GST registration whenever:
He wants to discontinue or close his business permanently.
He ceases to be liable to pay tax.
He transfers his business on account of merger, amalgamation, de-merger, sale, lease or otherwise.
He prefers to change the constitution of his business (leading to change in PAN).
He did not commence any business or is no longer required to be liable to work as a registered entity.
A tax official at any time with the subject to provisions of the act and on giving a sufficient opportunity to the taxpayer to exhibit his case – can issue an SUO MOTO order for cancellation of GST registration for the following reasons :
When the registered business is conducted from a place other a registered/declared place of business.
On the death of proprietor or authorized individual of business.
If the taxpayer defaults or operates its business against the provisions of the GST Act,2017.
When business is not commenced by the taxpayer after registration up to a certain time-frame.
If the taxpayer is found in default of provisions related to invoicing of goods and services in GST.
Any other act as he deems suitable for cancellation or timely prescribed in the act.
Within 30 days of the issue of cancellation order, the application for cancellation of GST registration can be relocated, even if the cancellation is requested by the taxpayer himself or if initiated by the proper officer. The taxpayer at any-time within 30 days can request on the GST portal to relocate his application for cancellation and request for the same to the proper officer also.
For reasons stated by the taxpayer, the officer can either accept or reject the application stating the further reason through a Show Cause Notice.
If you have applied GST by mistake and got a registration certificate form GST and you worried that what should be the further process.
If you have wrongly registered for GST and want to surrender your GST Registration, one can cancel GST Registration only if the annual turnover of his business is less than Rs.20 lacs (total of sale and unregistered purchase).
Application for cancellation, in case of voluntary registrations made under GST, can be made only after one year from the date of registration.
GST Registration can be surrender or cancelled through the following three ways:
GST surrender By the registered person A registered person can apply for cancellation of GST Registration by himself.
If your turnover is less than Rs.20 lacs
If your business has been discontinued
Death of the Proprietor in case of a sole proprietorship
If the business is no longer liable to GST (like you have taken registration for the sake you trade inter-state but later government relaxed the norms that GST registration not mandatory for inter-state trade)
Because you are shutting down your business or profession.
Or any other issue.
By GST Officer GST officer can cancel the registration if the organization falls under the following conditions:
If the Organization has violated any law against GST.
A composition registered person has not filed tax for three consecutive years.
If the registration process has been done through fraud methods.
If the registered company has not generated any business from the last six months after registration for GST.
Or any other issue.
GST surrender By Legal Hirer A legal hirer can apply for cancellation of GST Registration after Death of the Proprietor in case of a sole proprietorship
Suvidha Centers, authorized service providers (GSPs) appointed by the GST Network (GSTN), play a crucial role in assisting taxpayers with their GST compliance, including the process of GST surrender.
Cost-Effective: While Suvidha Centers charge a nominal fee for their services, the cost can be justified by the time and effort saved, as well as the potential to avoid penalties.
Cost-Effective: While Suvidha Centers charge a nominal fee for their services, the cost can be justified by the time and effort saved, as well as the potential to avoid penalties.
Apart from GST surrender, Suvidha Centers may also offer other GST-related services, such as:
Choosing the Right Suvidha Center
When selecting a Suvidha Center, consider the following factors:
Location: If you prefer in-person assistance, consider the location of the Suvidha Center.
Suvidha Centers can be a valuable asset for taxpayers who need to surrender their GST registration. By utilizing their services, you can simplify the process, ensure compliance, and avoid potential penalties. By following the steps outlined in this guide and choosing a reputable Suvidha Center, you can effectively complete the GST surrender process.
GST surrender is the process of voluntarily canceling your GST registration.
Suvidha Centers are authorized service providers (GSPs) appointed by the GST Network (GSTN) to assist taxpayers with their GST compliance.
Yes, Suvidha Centers offer GST surrender services. They can help you navigate the surrender process and ensure compliance with GST laws.
Reasons for GST Surrender
Common reasons for GST surrender include business closure, change in business structure, or transition to a different tax regime.
Yes, you can voluntarily surrender your GST registration if you meet the eligibility criteria.
The eligibility criteria for GST surrender may vary depending on the circumstances, but generally, you must have settled all your tax liabilities and filed the necessary returns.
GST Surrender Process
You can surrender your GST registration online through the GST portal or by submitting a physical application to the tax authorities.
You may need to provide your GST registration certificate, tax returns, and other relevant documents for GST surrender.
You may need to settle your outstanding tax liabilities before surrendering your GST registration.
The tax authorities will review your application and notify you of their decision.
Using Suvidha Centers for GST Surrender
Using a Suvidha Center can simplify the process, reduce the risk of errors, and ensure compliance with GST laws.
Suvidha Centers can provide expert guidance, assist with document preparation, and represent you during the surrender process.
Suvidha Centers are authorized by the GSTN and are required to follow specific guidelines and regulations. They are generally considered reliable and trustworthy.
Fees and Charges
Yes, Suvidha Centers typically charge a fee for their services. The fee may vary depending on the complexity of your case and the services provided.
You can request quotes from multiple Suvidha Centers and compare their fees and services.
Additional Questions
You may be able to surrender your GST registration even if you are facing an audit, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a show-cause notice, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a penalty notice, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a seizure notice, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued an arrest warrant, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been convicted of a GST-related offense, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been granted a stay order, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have filed for bankruptcy or insolvency, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of cancellation of registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of suspension of registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of revocation of registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of de-registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of provisional registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of amendment of registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of rectification of registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of cancellation of provisional registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of amendment of provisional registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of rectification of provisional registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of cancellation of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of amendment of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of rectification of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of cancellation of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of amendment of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of rectification of amended registration, but it is advisable to consult with a tax professional.
You may be able to surrender your GST registration even if you have been issued a notice of cancellation of amended registration, but it is advisable to consult with a tax professional.
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