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Cancellation/Surrender of registration

P MURUGAN (ACCOUNTANT) (186 Points)

29 December 2021

A restaurant that was stopped the business activities and want to cancellation of registration, give opinion about the Procedure please. Also that Restaurant not availed Any ITC from starting point to ending point.

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4 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 29 December 2021

You have to file all returns till date and pay taxes before cancellation , After that you can apply in form REG-16 on GSTN portal for cancellation .

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P MURUGAN (ACCOUNTANT) (186 Points)
Replied 29 December 2021

Here all returns means only applicable returns. we had till now filed GSTR-1 & GSTR 3B Except Annual Return as turnover is below 30,00,000 a year.

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 29 December 2021

Ok, in my opinion you file Annual return also , even if it is optional , because last date is 31-12-2021 , after that you can file application for cancellation of registration . After approval you have to file GSTR 10 mandatory .
Take opinion of your CA as well .