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What is GST Cancellation?
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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.
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Documents for GST Cancellation
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1.) Bank statement
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2.) Reason for cancellation
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3.) Desire date of cancellation
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4.) Latest GST returns
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5.) Address for future communication
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