CANCELLATION & REVOCATION OF GST REGISTRATION

CANCELLATION & REVOCATION OF GST REGISTRATION 

CANCELLATION of GST Registration

The GST registration is mandatory to every person/business with an annual turnover of 20 lakhs or more and the person making inter-state transaction of taxable goods/service however the person who is already registered can opt for GST Cancellation also in given scenarios:

1. If the annual turnover of the business is falls under threshold limit. 2. If the person discontinued the business. 
3. If there is a changes in constitution of business.
4. If the person has transferred or merged the business with any other organization.




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