GST Cancellation Fees in Ghaziabad: Complete Guide for 2024

 

Cancelling your Goods and Services Tax (GST) registration in Ghaziabad, Uttar Pradesh, is a process that can be undertaken without incurring any government-mandated fees. However, if you choose to engage professional services to assist with the cancellation, there may be associated costs.​

Government Fees: The GST authorities do not impose any charges for the cancellation of GST registration. Taxpayers can apply for cancellation directly through the GST portal without any fee. 

Professional Assistance Fees: While the government doesn't charge for the cancellation process, businesses may opt to hire professionals to ensure accurate and efficient handling of the procedure. The fees for such services can vary based on the service provider and the complexity of the case. For instance, some firms offer GST cancellation services at a price of ₹999. ​

Procedure for GST Cancellation:

1. Voluntary Cancellation by Taxpayer:

   • Eligibility: Applicable if the business has been discontinued, transferred, merged, or if there is a change in the constitution of the business.​
   • Process:
     • Log in to the GST portal.
     • Navigate to 'Services' > 'Registration' > 'Application for Cancellation of Registration'.
     • Fill out Form GST REG-16, providing details such as stocks held, liabilities, and reason for cancellation.
     • Submit the application with the required documents.
   • Timeline: The proper officer is required to issue an order for cancellation in Form GST REG-19 within 30 days from the date of application. 

2. Cancellation by Tax Authorities:

   • Reasons: This can occur due to non-compliance, such as not conducting business from the declared place, issuing invoices without actual supply, or violating GST provision
   • Process:
     • A show-cause notice is issued in Form GST REG-17.
     • The taxpayer must respond within 7 days using Form REG-18.
     • If the response is satisfactory, the proceedings may be dropped; otherwise, the registration will be cancelled.

Consequences of Cancellation:

• Cease to Collect GST: Once the registration is cancelled, the business must stop collecting GST from customers.​
• Final Return Filing: The taxpayer is required to file a final return in Form GSTR-10 within three months of the cancellation date.​
• Liability on Stock: Taxpayers may need to pay an amount equivalent to the input tax credit on stock held or the output tax payable, whichever is higher.​

Revocation of Cancellation: If the GST registration is cancelled by the authorities, the taxpayer can apply for revocation within 30 days from the date of the cancellation order. This involves submitting an application in Form GST REG-21 through the GST portal. ​

Important Considerations:

• Pending Liabilities: Ensure all pending returns are filed, and any tax liabilities are settled before applying for cancellation.​
• Professional Guidance: While the process can be completed independently, consulting with a tax professional can help navigate complex situations and ensure compliance.​

For businesses in Ghaziabad seeking assistance, local tax consultants and firms offer services to facilitate the GST cancellation process efficiently.