Gst no cancellation

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2018 Hi All,

We are under composition scheme now we want cancel our GST No. (Due to turnover not meet our expectation)

How we can cancel our registration.

Tahnks

CA Mayur Todmal

CA Mayur Todmal (Expert)
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27 June 2018 yes you can cancel if you are not liable for gst . i.e
1The business has been discontinued
2The business has been transferred fully, amalgamated, demerged or otherwise disposed —The transferee (or the new company from amalgamation/ demerger) has to get registered. The transferor will cancel its registration if it ceases to exist.
3There is a change in the constitution of the business (For example- Private limited company has changed to a public limited company)
4.Turnover is less than 20 lakhs

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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27 June 2018 You can apply for online cancellation and select appropriate reason.
On successful submission an ARN will be generated which may be assigned either to state or center depending upon your jurisdiction by the system. Then you can approach the jurisdictional officer for approval of ARN.

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Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2018 Where is option available for cancel registration on GSTN Portal. i saw but there is no option ?

CA Mayur Todmal

CA Mayur Todmal (Expert)
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27 June 2018 under service menu , you will find option application for cancellation

Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2018 Hello All,

There is no option showing for Cancellation of GST No in GST Portal (We are in composition) ????/