GST Cancellation & Revocation
GST registration may be cancelled voluntarily or by the department due to non-compliance.
Cancellation process involves:
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Filing application for cancellation
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Payment of outstanding liability
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Reversal of ITC on stock
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Filing of final return (GSTR-10)
In cases of departmental cancellation, revocation application must be filed within prescribed timelines.
Proper closure ensures no future liability or compliance complications.