{"id":6718,"date":"2020-04-14T12:43:56","date_gmt":"2020-04-14T07:13:56","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=6718"},"modified":"2024-07-17T11:17:34","modified_gmt":"2024-07-17T05:47:34","slug":"how-to-surrender-gst-number","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/","title":{"rendered":"How To Surrender GST Number?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">GST Registration has now become a compulsory requirement for all taxpayers having turnover exceeding the threshold limit. It is also necessary for specific other individuals, including e-commerce operators, UIN holders, persons deducting TCS\/TDS, etc.&nbsp; All these entities have to comply with GST&#8217;s rules &amp; regulations and should file the tax on the regular interval. Apart from this standard provision, the Act also provides support for the cancellation of the GST registration. In this article, you will be going to learn about how to surrender GST number in a simplistic way. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/#Reasons_for_GST_Registration_Cancellation\" >Reasons for GST Registration Cancellation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/#How_to_Surrender_GST_Registration_%E2%80%93_Process\" >How to Surrender GST Registration? &#8211; Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/#Who_is_entitled_to_Cancel_the_GST_Registration\" >Who is entitled to Cancel the GST Registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/#Revocation_of_GST_Registration_Cancellation\" >Revocation of GST Registration Cancellation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/how-to-surrender-gst-number\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reasons_for_GST_Registration_Cancellation\"><\/span>Reasons for GST Registration Cancellation <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Voluntary Cancellation<\/h3>\n\n\n\n<p>The cancellation of GST registration\nbecomes inherent in circumstances when-: <\/p>\n\n\n\n<ul>\n<li>The taxpayer wants to shut down their ongoing business permanently.<\/li>\n\n\n\n<li>The taxpayer doesn&#8217;t wish to pay tax.<\/li>\n\n\n\n<li>Taxpayers shift their company on account of merger, de-merger, lease, sale, or otherwise.<\/li>\n\n\n\n<li>Taxpayers opt to make some changes to the company&#8217;s policies. <\/li>\n\n\n\n<li>Taxpayers no longer required to work as a registered entity.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Non-Voluntary Cancellation<\/strong><\/h3>\n\n\n\n<p>As per the GST provisions, any\ntaxpayers can issue an SUO MOTO or Non-Voluntary Cancellation for GST\nregistration for the following reasons: <\/p>\n\n\n\n<ul>\n<li>When the business conduct from a location other than a registered place of business.<\/li>\n\n\n\n<li>On the demise of the proprietor of the company.<\/li>\n\n\n\n<li>If the taxpayer conducts its business against the provisions of the act mention in GST. <\/li>\n\n\n\n<li>When the taxpayer fails to do its business after <a href=\"https:\/\/corpbiz.io\/gst-registration\"><strong>GST registration<\/strong><\/a> for a specific period.<\/li>\n\n\n\n<li>If the taxpayer fails to comply with the GST provisions for invoicing of goods and services.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Surrender_GST_Registration_%E2%80%93_Process\"><\/span>How to Surrender GST Registration? &#8211; Process<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There is no denying that GST has simplified the way corporates handled the tax compliance previously. A taxpayer who seeks prompt cancellation of GST registration can follow the online process on the specific portal without confronting the hassles of judicial offices. <\/p>\n\n\n\n<p><strong><em>If appealed for cancellation by the\ntaxpayer<\/em><\/strong><\/p>\n\n\n\n<p>The Surrender GST number can execute in two different ways, which are mention below. <\/p>\n\n\n\n<ul>\n<li><strong>Method 1: Online mode<\/strong><\/li>\n<\/ul>\n\n\n\n<p> The first option is to head over to the common portal and select &#8221;Cancellation of Provisional Registration.&#8221; located on the left pane.  <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"624\" height=\"308\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-44.png\" alt=\" appealed for cancellation by the taxpayer - Online Mode\" class=\"wp-image-6719\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-44.png 624w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-44-300x148.png 300w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure><\/div>\n\n\n<p>On the next page, you need to enter GSTIN Number and provides a legit statement in the reason for cancellation field. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"624\" height=\"275\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-45.png\" alt=\"reason for cancellation\" class=\"wp-image-6720\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-45.png 624w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-45-300x132.png 300w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure><\/div>\n\n\n<p>On the same page, you will be asked if you have issued any tax invoices in GST regime.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"499\" height=\"55\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-46.png\" alt=\"tax invoices in GST regime\" class=\"wp-image-6721\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-46.png 499w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-46-300x33.png 300w\" sizes=\"(max-width: 499px) 100vw, 499px\" \/><\/figure><\/div>\n\n\n<p>Fill up the detail regarding authorized signatories, place. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"624\" height=\"221\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-47.png\" alt=\"GST - detail regarding authorized signatories\" class=\"wp-image-6722\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-47.png 624w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-47-300x106.png 300w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure><\/div>\n\n\n<p>Finally, select either EVC or DSC based on the type of business you are dealing with.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"624\" height=\"147\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-48.png\" alt=\"DSC based on the type of business\" class=\"wp-image-6723\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-48.png 624w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-48-300x71.png 300w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure><\/div>\n\n\n<div class=\"shadow1\"><strong>Note:<\/strong>\nTaxpayers can avail above service in case they are not issued tax invoice. On\nthe contrary, the <strong>FORM GST REG-16<\/strong>\nneeds to be filed by the taxpayers if they failed to comply with the previous\nrequirement. This is how<\/div>\n\n\n\n<ul>\n<li><strong>Method 2: Fill FORM GST REG-16 <\/strong><\/li>\n<\/ul>\n\n\n\n<p>The second option is a bit tedious in\nwhich you have to file GSTR 16, providing reasons and details of GST\ncancellation.<\/p>\n\n\n\n<p>On receipt of the application, an officer will be appointed for the verification purpose. The office will be responsible for scrutinizing the company&#8217;s stock and invoices. After that, the office will issue a cancellation order by issuing a <strong><em>Form GST REG -19<\/em><\/strong>. <\/p>\n\n\n\n<p>On confirmation, the registration\nwill be deemed cancelled from the date of the issue of cancellation approved by\nthe officer. <\/p>\n\n\n\n<p><strong><em>If cancelled by the officer<\/em><\/strong><\/p>\n\n\n\n<p>The officer at any-time, as per GST\nprovisions, can issue the cancellation order of registration via &#8221;Show Cause\nNotice&#8221; highlighting the reason for such decision. In response, the taxpayer\nhas to file GSTR Form 18 within seven days of receipt. <\/p>\n\n\n\n<p>On receipt of a response, the officer can issue an order for the revocation of the cancellation. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/obtain-gst-registration-in-india\/\">How To Obtain GST Registration in India?<\/a><\/mar<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_entitled_to_Cancel_the_GST_Registration\"><\/span><strong>Who is entitled to Cancel the GST Registration?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"576\" height=\"351\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-49.png\" alt=\"Cancel the GST Registration\" class=\"wp-image-6724\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-49.png 576w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-49-300x183.png 300w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Revocation_of_GST_Registration_Cancellation\"><\/span><strong>Revocation of GST Registration Cancellation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Within one month of the issue of the\norder, the application of GST registration cancellation can be revocated, even\nif the taxpayer himself requests the cancellation or if initiated by the\nofficer. <\/p>\n\n\n\n<p>Within 30 days, the taxpayer can drop\na request on the GST portal to recall his application for cancellation. Based\non the reasoning of the taxpayer, the officer can either accept or reject the\ncancellation application through a Show Cause Notice.<\/p>\n\n\n\n<p><strong><em>Let&#8217;s wrap up this blog with a brief\noverview of GST.<\/em><\/strong><\/p>\n\n\n\n<p>GST is a massive reformation for\nindirect taxation in India that took place post Independence. GST simplify\nindirect taxation and reduce the complexities along with the cascading effect.\nGST has a significant impact on businesses in India, as it offers a high degree\nof transparency as compared to previous taxation models. <\/p>\n\n\n\n<p>To understand GST, we must understand\nthe current indirect taxation system. Unlike Direct taxes, the liability of\nindirect taxes can be shifted to another entity. So, the individual who is\nresponsible for paying the tax can collect the tax from other entities and then\nlater pay it to the government. This is recognized&nbsp; as the &#8221; Shifting of the tax\nburden.&#8221; Need not to mention that GST falls in this very category. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hopefully, this article has briefed you everything about how to surrender the GST number. If you still have some questions in your mind, kindly head over to our official website for clarification. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/gst-penalty-offences-and-appeals-under-gst\/\">GST: Penalty, Offences and Appeals Under GST Act 2017\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST Registration has now become a compulsory requirement for all taxpayers having turnover exceeding the threshold limit. It is also necessary for specific other individuals, including e-commerce operators, UIN holders, persons deducting TCS\/TDS, etc.&nbsp; All these entities have to comply with GST&#8217;s rules &amp; regulations and should file the tax on the regular interval. Apart [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":6730,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[486],"acf":{"service_id":"132"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":7043,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/6718"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=6718"}],"version-history":[{"count":22,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/6718\/revisions"}],"predecessor-version":[{"id":65412,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/6718\/revisions\/65412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/6730"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=6718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=6718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=6718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}