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If a business is not operating or has insufficient revenue, it is possible to voluntarily withdraw its GST registration. A GST officer may also cancel a business’s GST registration if it fails to comply with GST regulations. A person or company that cancels their GST registration is no longer obligated to file GST returns, pay GST, or collect GST.
Documents for GST Cancellation
1.) Bank statement
2.) Reason for cancellation
3.) Desire date of cancellation
4.) Latest GST returns
5.) Address for future communication
