The CGST Act provides for both cancellation and suspension of GST registration in India.
There are several reasons why a business may wish or be obliged to cancel its GST registration. The main reasons for doing so are as follows:
鈥⑻� Discontinuance of the business.
鈥⑻� Transfer of the whole of the business for any reason, including the death of the proprietor.
鈥⑻� Amalgamation with another legal entity, or the demerger or other disposal of the business.
鈥⑻� Change in the constitution of the business.
鈥⑻� No longer being liable to be registered, or intending to opt out of voluntary registration. A business that, for example, ceases to make taxable supplies but continues to trade making only exempt supplies must deregister.
鈥⑻� Registration was obtained by means of fraud, wilful misstatement or suppression of facts.
鈥�
Web page updated on 17 Mar 2025 17:08
