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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